TODO: Add v3 info and images
The Safes page will show all of the safes your DAO manages.
There are 2 types:
- Ragequittable: the main treasury for the DAO. When members rage quit they can take a portion of this safe's tokens.
- Non-ragequitable: sidecar safes that can hold assets that will members do not have ecite right over.
All members share direct ownership of the treasury based on their Shares and/or Loot in relation to one another. Shares grant voting power as well as a claim to the Treasury funds, whereas Non-voting tokens (Loot) only grants you rights to the funds in the Treasury.
To help you visualise, here is an example of a simple DAO with 600 DAI in the Treasury.
|Member||Shares||Loot||Voting Power||Exit Value|
In the above example, as Bob has 10 / 40 shares, he has 25% of voting power. If he wants to withdraw from the treasury, he can claim 33% of the funds (200 DAI) because the sum total of his Shares + Loot take up 33% of the total.
As Dani has no Shares, she has no voting power. If she wants to withdraw from the Treasury, her 10 loot grants her 16% of the Treasury funds (96 DAI)
When members RageQuit or are Guild Kick-ed, this is how their Exit Amounts are calculated