COO

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  • COO [Chief Operating Officer]

Unlike typical corporate executives, the COO in MVCDAO is *A Neutral Facilitator* and *A Temporary Team Leader*, ensuring the smooth operation of MVCDAO.

In our Decentralized Autonomous Organization, the COO doesn't hold unilateral decision-making power. Instead, they're here to ensure that decisions are made collectively, and all stakeholders follow the DAO's general principles, code of conduct, and proposal resolutions unconditionally. They're the glue that holds us together, fostering a culture of mutual respect and cooperation.

Let's keep all conversations open and transparent: 🎤

As a neutral facilitator, the COO is open to discussing any topic with members in public. To prevent any unnecessary misunderstandings, we strongly discourage private messages to the COO.

We understand that some members may have specific questions or concerns that they'd like to address privately. However, we kindly ask for your understanding and respect for our transparency culture and keep all communications public. This approach ensures that every DAO member of the MVCDAO community has access to the same information and can contribute to the conversation.

The main duties of the COO:

  1. Authorized Signatory:

The COO is the initial authorized signer on behalf of MVCDAO according to MIP-2. This means they have the authority to sign off on important decisions and documents on behalf of MVCDAO.

  1. Operational Fallback:

In the absence of other Team Leaders, the COO steps in to avoid operational issues caused by vacant positions. They act as a temporary team leader, ensuring the smooth running of MVCDAO as a whole.

  1. Neutral Facilitator:

In a DAO structure, the COO isn't a traditional boss. They're more like a facilitator or a guide, helping to uphold the principles of decentralization and assisting all stakeholders to follow DAO rules and proposal resolutions unconditionally. They're the impartial referee in a thrilling game of football. They don't vote in both committee group or MVClabs to remain neutrality, and they don't hold private key segment of treasury.

  1. Consensus Stability Maintainer:

The binding force that unifies the various stakeholders of MVCDAO, ensuring its operation as a cohesive and well-coordinated entity

COO Remuneration:

The COO's remuneration is set at 1.6 times the committee remuneration rate. However, this rate is adjusted to the standard committee remuneration when an executive team of MVC is outsourced or an executive team leader is appointed.

  • Disclaimer & Remarks:

  1. Conflict of interest declaration:

The author of this proposal has not received any commission.

  1. The MVC Oath Document Signing

On the 23rd of November, 2023, we will be hosting the official signing of the MVC Oath Document. 📜✍️This isn't just any document. It's a symbol of elected member's unwavering commitment to uphold the values of MVC, act diligently in its best interest, and adhere unconditionally to the MVCDAO code of conduct and DAO proposal resolutions. 🏛️💼 To make sure you're part of this historic event, we kindly ask elected member to submit your personal email to Partnerships@microvisionchain.com by November 20th. 📧 This will allow us to share all the juicy details about the event and the signing process. 📅🔍By participating, you're not just attending an event. You're acknowledging your full understanding and acceptance of the MIP-1, MIP-2, and MIP-15 documents and becoming a part of MVC's vibrant history.

  1. Commencement Delay for Administrators:

We understand that time is of the essence. However, it's important to note that, unless stated as urgent or otherwise, proposals may experience a slight pause in their commencement. This could usually range from 2 to 10 days, due to necessary preparations, other tasks in the pipeline, or unforeseen circumstances.

This timeline isn't set in stone but is thoughtfully determined by Executive Team Leader or COO. They're always working hard behind the scenes to ensure everything runs like a well-oiled machine.

We deeply appreciate all member's understanding and patience during these times.

  1. Transparency:

MVCDAO is committed to providing regular updates on voting decisions and the final summary comment from each committee for each proposal to the public. We believe in keeping things clear and open!

  1. Termination of position:

7A) Wallet Security:

Member wallet safety is top priority! All MVCDAO position holders are strongly advised against sharing direct MVC wallet links. If a position holder is found sharing wallet links via DM more than 5 times post-election, they may face termination of their position. We encourage you to share only official website & Twitter links, or post official wallet links in public channels or group channels only for [Partnership or CEX/DEX or integration arrangement] to avoid misunderstandings.

7B) Avoid misleading and deceptive conduct:

At MVCDAO, we're all about fair and square! Any DAO position holder found engaging in misleading and deceptive conduct, such as DM member for unauthorized sale of DAO treasury, may face immediate termination after election. [Remember, all space distribution is mission based or working based]. The termination can be actioned by the executive team leader, COO, or a unanimous vote from 4 committee members. We're a global team that values honesty above all, and we have zero tolerance for misconduct!

7C) Active participation is required:

Each committee member is required to maintain a minimum voting and commenting attendance rate of 70%. If a committee member fails to meet these requirements, a minimum of 4 internal votes in favor are required for the member to retain their position. This ensures that our committee is filled with the most committed and active members.

7D) Act in the best interest of MVCDAO:

MVCDAO positions are not permanent. Elections take place every 6 months. So, keep your game face on! Always strive to do your best on behalf of MVCDAO to ensure you are re-elected on a recurrent basis. After all, we're in this for the long haul!

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