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BankSocial® DAO LLC

What is the DAO

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Written by Nathaniel O'Dell

BankSocial® is a licensed Wyoming DAO, providing a legal structure that limits the liability of its members while enabling decentralized governance.

What the DAO Does

  • The DAO manages the Social Liquidity Pool (SLP) and the $BSL token.

  • It ensures that lending operations and token governance are conducted transparently and securely.

Governance Structure

  • The DAO currently has 5 delegates, elected by the community.

  • Delegates undergo a thorough KYC process before taking office.

  • Delegates make loan approval decisions according to criteria set and accepted by the community, balancing decentralized governance with operational oversight.

Learn More

Read more about BankSocial DAO governance and operations here:BankSocial DAO Info

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