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Modify Investor / Member Limit

Modify Investor / Member Limit

What Is Investor / Member

DAO Mode
Investor / Member
Description
Vintage
Investor
Investor refers to a person who successfully deposits after the Fundraising ends. If the Governor does not deposit, then he is not considered an investor.
Collective
Member
Member refers to a person who successfully deposits and becomes a member of the DAO, including through Fundraising, Member-in, and Top-up. Among the Members of the Collective, only the Summoner may not have the identity of an Investor.
Flex
Investor
An investor is a person who successfully deposits and is allocated investment shares after the fundraising phase of the investment project ends.

Investor / Member Limit

DAO Mode
Investor / Member Limit
Description
Vintage
Investor Limit
Investor Limit restricts the number of investors in a single fund in Vintage DAO.
Collective
Member Limit
Member Limit restricts the number of members in a Collective DAO.
Flex
Investor Limit
Investor Limit restricts the number of investors in an investment project within Flex DAO.

Who Can Modify

The modification of the Investor Limit is collectively decided by the DAO's Governor (Vintage and Flex) or Member (Collective) groups through proposals and voting.

When To Modify

DAO Mode
When
Vintage
The Investor Limit can only be modified when there are no funds currently running (from fundraising to close). The successful modification will apply to the next fund.
Collective
Member Limit can only be modified when there are no currently running Operation and Setting proposals. The result of a successful modification will apply to subsequent operations.
Flex
Investor Limit can only be modified when there are no currently running Operation and Setting proposals. The result of a successful modification will apply to subsequent operations.

How To Modify Investor / Member Limit

On the Management page of Vintage and Flex DAO, select the Setting tab, you can see the Investor Limit modification proposal, click it to enter the proposal submission page, as shown below.

image

If the toggle is turned off, the Invest Limit will be modified to unlimited. If the toggle is turned on, you can enter a revised limit on the number of investors. You can provide the reason for the modification in the Reason section for other Governors and participants (Investors) to see.

On the Management page of Collective DAO, select the Setting tab, you can see the Member Limit modification proposal, click it to enter the proposal submission page, as shown below.

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It should be noted that the number you enter in the Maximum Number input box cannot be less than the current number of DAO members.
image

Click Submit to confirm the wallet transaction for proposal submission. Once successfully submitted, anyone can see the proposal from the proposals list page and enter the voting page to view the voting status of the proposal. The Governor (Vintage and Flex) or Member (Collective) groups can then vote on the proposal. After the vote passes and is successfully executed, the Invest Limit or Member Limit will be modified. You can view the modified parameters on the DAO's About page. These parameters will apply to future DAO operations.