PillarDAO

You own it. You run it. You make the decentralized multichain future a reality

What is PillarDAO

PillarDAO builds, funds and explores Web3, multichain infrastructure and technology for a decentralized future. The DAO is collectively run and member-owned - anyone, anywhere can participate and influence the direction of the DAO.

Mission

The PillarDAO’s mission is to decentralize governance, explore and build worthy initiatives and fund Web3, multichain infrastructure and technology products. As advocates for the community, the PillarDAO is collectively run, member-owned and governs the Pillar Project Association. All profits from DAO products (current & future) are routed directly into the DAO treasury. PillarDAO is to utilize the funds in the PillarDAO treasury to fund:

Worthy initiatives supporting DAO products.
Marketing efforts for product distribution.
Initiatives that upskill DAO members.
Payment of contributors for their time and efforts.

Our DAO governance ensures a future where individuals collectively lead technological development rather than faceless corporations.

Vision

PillarDAO envisions a fully inclusive, non-custodial future, run in a trustless manner where all decisions and actions are transparent and community-led. A system that favours member involvement, financial freedom, and development.

Development not only of individual skills and competencies but also of cutting-edge technological instruments. PillarDAO strives with each decision to accomplish the steps required to take us forward for the betterment of humans and the systems we interact with.

PillarDAO Products

Governance

As a member, you're not just a passive participant but an active decision maker with a voice and vote. You'll have the power to submit and vote on proposals impacting the Pillar ecosystem, including the products we build and the management of the DAO treasury. As members, we steer the direction of PillarDAO together, running all of its mechanisms and making decisions that shape our decentralized future.

How to become a Member

To join PillarDAO you are required to lock in 10,000 PLR tokens within the Polygon smart contract on the membership dApp provided below.

By proceeding to stake PLR tokens for a PillarDAO member NFT, you consent to Article 11* providing your name, address, and email. This information is gathered to protect the integrity of the DAO Voting process and to assure the compliance of our Swiss Association.

Once locked, you will receive a membership NFT confirming your status, which will be utilized for verification purposes.

The lock-in period is for 52 weeks after which you can optionally burn your membership NFT and unlock your PLR tokens, deactivating membership status.
PillarDAO proposals are discussed in the Members Only Discord Guild and once consensus is reached, voted on using SnapShot. The process for submitting a proposal is pinned on the Discord channel.

*Article 11: Becoming a Member. Everyone who is eligible for a membership in accordance with Article 10 can make a request (request-Membership). Moreover, an applicant must provide his name, address, and email. The admission procedure is automated and shown in Annex 2a to these Articles of Association. The minimum duration of membership is fifty-two (52) weeks. Thereafter, membership shall be automatically renewed until terminated in accordance with Section IV below.

About PillarDAO

Incorporated in 2022 in Zug, Switzerland, PillarDAO is a legal entity known as a DAA (decentralized autonomous association). This community-led association empowers its members to shape the future of the Pillar Project and make key decisions for the project roadmap using the Association’s own funds. Following the establishment of the DAA, Pillar Project Foundation's subsidiary, Pillar Project AG, was able to legally donate 100 Million PLR tokens to the DAA treasury for utilization by the members. PillarDAO operates under Swiss law, providing a unique benefit to its members. Unlike general partnerships which bear unlimited liability for individuals, the structure of the DAA limits the legal liability of its members, offering an additional layer of protection. The Association is open to cooperation with or joining other organizations that share the same or similar interests. It also provides services for the benefit of its members, member organizations, and third parties, effectively promoting the interests of the members. Anything that directly or indirectly supports the members' interests aligns with the Association's purpose.

PillarDAO operates under Swiss law, providing a unique benefit to its members. Unlike general partnerships which bear unlimited liability for individuals, the structure of the DAA limits the legal liability of its members, offering an additional layer of protection.

The Association is open to cooperation with or joining other organizations that share the same or similar interests. It also provides services for the benefit of its members, member organizations, and third parties, effectively promoting the interests of the members. Anything that directly or indirectly supports the members' interests aligns with the Association's purpose.

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