DAO Structure and Policies

Diagram: AZKA DAO structure

Similar to most DAO's, the AZKA DAO will have two proposal types:

AZKA Delegated Powers Proposals (ADP) : This allows the community to assign individuals to azTeams (via voting) such that they can act autonomously in line with the defined duties and responsibilities of the specific azTeam.

AZKA Improvement Proposals (AIP): This allows the community to decide the direction of the protocol through new development initiatives and specific parameter changes.

Although it is slightly premature to discuss the AZKA governance structure, the above diagram gives some visual insight into how the DAO structure may be implemented. Upholding Shariah compliance is one of the most important, if not the most important aspect of the protocol. This requires having some governance policies in place that would mitigate any actions resulting in a compromise of Shariah compliance. It may be such that improvement/delegation proposals are split into categories and those proposals that clearly impact the protocols Shariah compliance would require approval from the azShariah Team. For example, including new tokens, new development initiatives, sending treasury funds to external contracts and/or ratifying the the azShariah team, would require specific policies in place to mitigate undesired outcomes.