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Integrity Through Documentation
Equity is inseparable from the agreements that govern it.
The Philosophy#
Allocation records do not stand apart from governance. Ownership and decision-making are intertwined. Fairly Exact connects approvals, delivery evidence, professional-review references, and governing documents to the member ledger.
π Equity is inseparable from the agreements that govern it.
Default Rules#
- Governance and Allocations Linked: Each block acceptance includes documentation of the decisions and agreements that defined it.
- Attach Records at Acceptance: When a delivered Contribution Block is accepted and its units mint, attach the required approvals and supporting evidence.
- Light but Explicit: Documentation doesn’t need to be heavy β but it must exist and be linked to the ledger for clarity.
- Approvals Matter: Role changes, departures, stage changes, and configured voting thresholds are recorded as governance decisions, not ad hoc edits.
- Seamless Transitions: Governance records live alongside the ledger so future contributors, investors, and leaders inherit a clear trail of agreements.
Why It Matters#
- Clarity in Decisions: Prevents disputes by linking equity allocations to documented approvals.
- Cultural Integrity: Reinforces fairness and accountability at every level.
- Investor Confidence: Clean governance records, tied to the ledger, make diligence and fundraising smoother.
- Future-Proof: The system scales because every block carries its own evidence and approval record.
Example#
The team accepts a delivered size-15 Contribution Block. The record includes the original scope, contractor-equivalent scope proxy, stage multiplier, final allocations, delivery evidence, and the approval required by the governing documents. Years later, reviewers can see exactly why the units minted.
In One Line#
Integrated Governance = every accepted Contribution Block is tied to delivery evidence and approvals, making allocations and decision-making inseparable.