nutildah (OP)
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April 01, 2025, 12:11:16 PM |
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ShitcoinDAO Bylaws Effective Date: April 1, 2025 disclaimer: I used Grok to summarize a lot of ShitcoinDAO info & tweaked it w/ the help of a DAO memberGoverning the Decentralized Autonomous Organization of SHITCOIN: the Original Shit Token on the Dogecoin Blockchain  Article I: Mission and Ethos
1. Mission: The ShitcoinDAO exists to increase the value of SHITCOIN (a Dogeparty token with a fixed supply of 69,420,000 which was launched in August of 2014) for its holders and to foster the growth of the SHITCOIN ecosystem, all while having a damn good time. 2. Ethos: ◦ Don’t be a dick. We’re here to laugh, build, and take SHITCOIN to Uranus. ◦ Embrace the absurdity: SHITCOIN is a joke on a joke (Dogecoin), yet we are somehow still serious about its legacy. ◦ Promote blockchain history and honor vintage assets as a whole.
Article II: Membership
1. Eligibility: ◦ Must hold at least 100,000 SHITCOIN in a single Dogecoin address, verified via the Dogermint Discord’s ShitcoinDAO channel. ◦ Members falling below this threshold may be expelled by a Council vote (Article IV). 2. Expulsion: ◦ Beyond falling below 100,000 SHITCOIN, members can be booted for being a “massive dick,” as determined by a majority vote of the Council of Directors. ◦ Expelled members can reapply if they regain 100,000 SHITCOIN and stop being dicks. 3. Rights: ◦ Submit proposals for governance, treasury spending (1M SHITCOIN budget), airdrops, Discord changes, or community shenanigans. ◦ Participate in bounties, contests, and giveaways for SHITCOIN and other Dogeparty goodies.
Article III: Governance Structure
1. Roles and Responsibilities: ◦ President & Founder (Nutildah): ▪ Oversees daily operations and treasury management. ▪ Acts as tiebreaker for proposal votes. ▪ Maintains the Dogermint Discord and ShitcoinDAO channel 24/7, unless asleep or dead. ▪ Committed to opening no new SHITCOIN dispensers. ◦ CEO (Turd Ferguson): ▪ Public face of the DAO, playboy, gigolo, shit-talker extraordinaire. ▪ Drives community hype and visibility, issues official statements on behalf of the DAO. ◦ Council of Directors (4 Elected Members): ▪ Reviews, selects, and enacts member proposals. ▪ Compensated 10,000 SHITCOIN monthly from the treasury. ▪ Votes on expulsions and rule changes. ◦ Treasurer: ▪ Maintains a copy of the private keys for the SHITCOIN ETH bridge. ▪ Receives an email copy of bridge swap requests; however, does not need to perform swaps unless Nutildah is debilitated or deceased. ▪ Compensated 15,000 SHITCOIN monthly from the treasury. ◦ Dev (BitcoinJake): ▪ Builds and maintains technical infrastructure (e.g., DogeKord bot). ▪ He can do whatever he wants and we’ll try to get him paid in real money/coins for any work that he does. ◦ Trailer Park Supervisor (Jim Lahey): ▪ Maintainer of the Sunnyvale Trailer Park in Nova Scotia, Canada. ▪ Advisory role, no voting power. ◦ DAO Members: ▪ Propose ideas or changes to the DAO, vote on Council-approved measures, and keep this shit train running on time. 2. Elections: ◦ Council of Directors elected annually by DAO members. ◦ One vote per qualifying address; simple majority wins. ◦ Nominations open in the ShitcoinDAO Discord channel one month prior to voting (first election begins on March 1, 2026).
Article IV: Proposal and Voting Process
1. Submission: ◦ Any DAO member can submit a proposal via the ShitcoinDAO Discord channel. ◦ Proposals can cover governance, treasury allocation, airdrops, Ethereum bridge tweaks, or anything not involving nudity, politics, or religion. 2. Review: ◦ Council of Directors shall review submissions monthly, selecting viable proposals by majority vote. 3. Voting: ◦ Proposals selected by the directors go to a DAO member vote. ◦ 1 vote per 100k SHITCOIN address; majority rules, with Founder breaking ties. ◦ Voting period: 7 days, announced in Discord, Telegram and on X (@Shitcoin30). 4. Enactment: ◦ Approved proposals are executed by the Founder, CEO, or Dev, as applicable, within 30 days, unless otherwise specified.
Article V: Treasury Management
1. Budget: ◦ Initial treasury: 1,000,000 SHITCOIN, held in a secure Dogecoin address controlled by the Founder. ◦ Funds allocated for Council and Treasurer compensation (50,000 SHITCOIN/month total), bounties, and approved proposals. 2. Transparency: ◦ Treasury address and transactions publicly viewable on Dogeparty (https://dogeparty.tokenscan.io). ◦ Monthly updates posted in Discord by the Founder. 3. Bridge Operations: ◦ Ethereum-Dogecoin bridge funded separately; locked SHITCOIN managed manually by the Founder and/or the treasurer. ◦ Risks (e.g., theft, key loss) acknowledged as part of the “SHITCOIN ethos.”
Article VI: Member Conduct
1. Golden Rule: Don’t be a dick. Be cool, share ideas: keep the community shitty but fun. 2. Freedom: Say wild shit about SHITCOIN anywhere, but keep Discord respectful(ish). 3. Violations: Massive dicks face Council expulsion votes (see Article II).
Article VII: Amendments
1. Process: ◦ Bylaw changes proposed by any member, reviewed by the Council, and voted on by all members. ◦ Requires 66% approval of voting members and Founder consent. 2. Emergency Changes: ◦ Founder can enact temporary changes in emergencies (e.g., bridge failure, Discord meltdown), subject to Council ratification within 14 days.
Article VIII: Dissolution
1. Conditions: ◦ DAO dissolves if membership drops below 5 or treasury depletes with no recovery plan. ◦ Founder’s death or abandonment triggers a 90-day wind-down unless a successor is appointed by the Council and Treasurer agrees to continue to perform bridge swaps. 2. Assets: ◦ Remaining SHITCOIN held in treasury distributed proportionally to members’ holdings at dissolution.
Handling Vacancies or Incapacitation of Elected Members
If elected members of the ShitcoinDAO (specifically the Council of Directors) can no longer fulfill their duties—whether due to death, disappearance, loss of 100,000 SHITCOIN eligibility, or just ghosting the shitshow—the following steps apply:
1. Notification: ◦ Any DAO member can flag a vacancy/inactivity in the ShitcoinDAO Discord. ◦ Inactivity defined as no participation for 60 days without notice. 2. Verification: ◦ The Founder (or CEO if Founder is unavailable) confirms the vacancy via wallet checks (for eligibility) or lack of response after a 7-day ping. 3. Interim Replacement: ◦ The Council, by majority vote, appoints a temporary replacement from eligible DAO members (100,000+ SHITCOIN holders) within 14 days. ◦ If the Council can’t agree or lacks a quorum (minimum 3 active Directors), the Founder picks the interim replacement. ◦ Temporary appointees serve until the next election or 90 days, whichever comes first, and receive prorated compensation (10,000 SHITCOIN/month). 4. Special Election: ◦ If the vacancy occurs more than 90 days before the annual election (August), a special election is held within 30 days of the vacancy confirmation. ◦ Same rules as annual elections: one vote per 100,000 SHITCOIN address, majority wins. 5. Multiple Vacancies: ◦ If two or more Council seats are vacant simultaneously, the Founder can freeze Council actions until replacements are appointed or elected, ensuring no rushed or unrepresentative decisions. But let’s face it: this is a pretty far out scenario and this is only here because I asked Grok to generate a lot of this document. As it is written, so it shall be done!Signed with love, ¸,ø¤º°`°º¤ø,¸💩 nutildah 💩¸,ø¤º°`°º¤ø,¸
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