Genodex DAO Principles
The foundation of Genodex DAO
1) Lean core, governed execution
Lean Core:
GenodexDAOkeeps the irreversible foundation small: fixed shares, transfers, governance, dividends, and the zero-fee marketplace.Vote-bound treasury:
TreasuryRouterholds treasury USDC and Router-owned shares, then executes only after proposals pass and finalize.Isolated modules: Operator identity, founder identity, and primary-sale escrow live in narrow companion contracts instead of bloating Core.
2) Ownership model
Fixed supply: Exactly 100,000 indivisible, non-fungible shares.
Equal rights: Every share carries identical voting and dividend rights.
Always-open transfers: No pause, whitelist, blacklist, or delegated transfer approval.
Engineer at genesis: The engineer receives all shares initially and performs one-time Router wiring; ongoing influence comes from share ownership.
3) Governance
Lifecycle: Draft -> Endorse -> Activate -> Vote -> Finalize, with optional veto.
Thresholds: Create/activate requires 101+ shares, endorsement requires 5%, quorum is 5%-50%, and veto requires 30,000+ shares.
No snapshots/delegations: Current owner exercises each share; bitmaps prevent double-use.
Execution discipline: Treasury actions must be committed to proposals and can execute only after the proposal passes.
4) Treasury and dividends
USDC-only: Marketplace, dividends, Router payouts, and primary sales use USDC.
Router as treasury: The Core treasury address is the Router.
Dividends: Router funds Core after a passed dividend proposal; holders claim to self.
Sweep after 365 days: If no funding occurs for 365 days, unclaimed Core USDC can be swept to Router and the epoch resets.
5) Registries and primary sales
OperatorRegistry: Active operator identities and current payout wallets.
FounderRegistry: Active founder/investor identities and current recipient wallets.
Direct primary sales: Router pulls USDC from an active founder and transfers Router-owned shares after governance approval.
Escrowed primary sales: Investors can escrow USDC with
PrimarySaleEscrow; funds release only when the linked proposal passes.
6) Marketplace
Opt-in listings: A share is tradable only if the owner lists it.
Bid-only or instant buy:
minPrice = 0is bid-only;minPrice > 0enables instant buy.Zero protocol fee: Trades pay counterparties directly; the protocol takes no cut.
Automatic cleanup: Transfers clear listings and refund standing bids.
7) Boundary
No genomic data on-chain: Contracts manage shares, votes, identities, escrow, and USDC accounting only.
Privacy-first app: Genome parsing and phenotype computations remain on device.
Essence: a minimal Core for rights and accounting, with governed modules for treasury execution, identities, and primary capital formation.
