Preamble

The Black Flag DAO Codex records the agreed membership and governance parameters adopted by the community known as Black Flag DAO and/or BFD.

These parameters, and their explication within the Codex, may only be modified via a community-led process of discussion and subsequent vote by eligible members of Black Flag DAO.

Section 1: Introducing Black Flag DAO

1.1 The Purpose of Black Flag DAO

To build an onchain community of changemakers focused on vibing, thriving, and exploring decentralized systems.

1.2 Black Flag DAO Overview

Black Flag DAO welcomes new community members, who can initially join the BFD Discord with the Flag Curious role. To be eligible for proposal and voting rights, members can apply for the Flag Raiser role, and with time, the Flag Bearer role. The Flag Keeper Council is elected by, and responsible to, the Flag Bearers.

Section 2: Membership

There are three types of membership available within the Black Flag DAO: Flag Curious, Flag Raiser, and Flag Bearer. The Flag Raiser and Flag Bearer roles require both a financial commitment by the individual and BFD community endorsement before the associated membership rights are activated. The financial commitment requires staking in a PoolTogether contract, the yield from which goes to the DAO treasury.

2.1 Flag Curious

This role is available for guests to explore the BFD community with the intention of deciding whether to proceed to membership.

Guests with the Flag Curious role have limited access to the BFD Discord. To access this role, guests must complete the Bankless Academy Wallet Basics course, claim the course-completion NFT, and verify with the wallet that holds the NFT.

2.2 Flag Raiser

Membership Requirements

Members with the Flag Raiser role must: