Governance
How the DAO is governed
Brilliant Diamond Exchange DAO LLC is a Wyoming limited liability company owned by its members. Each $BDE token is a membership interest in it, so $BDE holders own the company and vote on proposals that shape the platform.
Who decides what
- $BDE holders own the company. They propose and vote on Exchange Improvement Proposals (EIPs), such as new features, candidate stones or fee changes, and share in distributions.
- Stone token holders own their stones, not the company. A governance vote can't change their ownership or a stone's majority-sale terms.
- The LLC's managers stay responsible for running the company, meeting legal obligations, filing reports and keeping investor disclosures accurate.
- Offering documents set each investor's rights. A governance vote can't override them or the law.
On-chain records
| Item | Hedera ID |
|---|---|
| DAO | 0.0.5715122 |
| $BDE token | 0.0.5715091 |
How improvement proposals workAbout the $BDE tokenStaking and distributions