LLC Scope & Responsibilities

Defined by ECIP-1114, Section “Legal Interface: Ethereum Classic DAO LLC”. The LLC performs no evaluative, filtering, or discretionary decision-making.

The LLC SHALL

  • Execute only those actions explicitly authorized by a successful DAO proposal
  • Follow the exact parameters specified in the approved proposal's metadata
  • Perform fiat currency conversion for approved disbursements
  • Handle contractor onboarding and compliance (KYC, W-9/W-8BEN collection)
  • File tax reports and regulatory filings as required
  • Deliver contractual documents tied to approved ECFPs
  • Ensure all off-chain actions correspond to hash-bound proposals
  • Include all actions in publicly accessible financial reports

The LLC MUST NOT

The LLC's role is purely administrative, never authoritative. Its scope and mandate remain narrow, revocable, and strictly limited to administrative facilitation.

  • Hold or control Treasury private keys
  • Initiate, authorize, or route Treasury disbursements
  • Veto, reinterpret, or modify approved ECFPs
  • Circumvent the Governor → Timelock → Executor pipeline
  • Combine protocol-level Treasury funds with donor or operational funds
  • Introduce off-chain custody, signers, or multisig authority over on-chain funds
  • Exercise governance influence or serve as a gatekeeper

Donation Handling & Segregation

The LLC may receive off-chain donations in fiat or cryptocurrency. These are optional, external, and subject to strict separation rules.

Strict Segregation

Donations are external to the protocol and MUST remain strictly segregated from the protocol-level Olympia Treasury defined in ECIP-1112.

Hash-Bound Routing

Donations routed through governance use the canonical execution tuple: (ecfpId, recipient, amount, metadataCID, chainid) for full traceability.

Public Reporting

All off-chain disbursements MUST be publicly reported, regardless of whether they were routed through on-chain governance.

Governance Neutral

Donor funds MUST NOT influence or override on-chain governance decisions. Protocol-level Treasury and external donations MUST NOT be co-mingled.

Institutional Participation

The ECFP framework combined with the LLC administrative interface enables transparent participation by institutional entities — without compromising decentralization or governance neutrality.

Centralized Exchanges

Compliant donation and participation pathways

Mining Pools & ASIC Manufacturers

Ecosystem contribution through approved ECFPs

Investment Trusts & ETF Managers

Transparent institutional engagement

Infrastructure Providers

RPC nodes, explorers, hosting — compliant funding