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Security, KYC, and Governance in SecondaryDAO

Last updated on Mar 06, 2025

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. Usually, proposals are approved when 51% of eligible property token holders that vote, vote in favor. This collaborative governance mechanism ensures transparency, fairness, and equal participation among stakeholders.

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.