To ensure a secure and trustworthy ecosystem, SecondaryDAO employs rigorous Know Your Customer (KYC) processes for all participants. All users and businesses must undergo identification verification, which is conducted through third-party services like Berbix. Information such as name, address, date of birth, and citizenship is collected to authenticate users. For international investors, passports are often used for compliance, and only verified wallet addresses are whitelisted to participate in token transactions.
In addition to security, SecondaryDAO utilizes a Decentralized Autonomous Organization (DAO) governance model to manage decision-making processes for listed properties. Property token holders with whitelisted wallet addresses can participate in voting on proposals related to property management, rental income distribution, and sales. Voting is token-weighted: your voting power equals the number of property tokens you held when the proposal was created. A proposal passes when two things are true: enough of the property's tokens take part (5%, 10% or 25% of all tokens, depending on the type of proposal), and more than half of the tokens that voted, voted yes. Every vote is recorded on-chain. See the Token Holder Governance Guide for the full rules.
SecondaryDAO combines advanced verification processes with robust governance, creating a decentralized platform where investors can securely interact, trade, and invest in tokenized properties without relying on traditional intermediaries.
Policies and procedures are updated frequently. Please check back for the latest information.