Governance Framework
Bicameral Governance
A balanced governance model that combines operational efficiency with decentralized oversight and community participation.
The Bicameral Model
MBO Foundation employs a bicameral governance structure inspired by traditional parliamentary systems, adapted for the unique requirements of decentralized technology infrastructure. This model balances democratic legitimacy with operational efficiency.
Strategic Level
The "Senate" — MBO Foundation DAO
- • High-impact, low-frequency decisions
- • Constitutional amendments
- • Major treasury allocations (>€100k)
- • Guardian Council elections
- • Quarterly voting cycles
Operational Level
The "Executive" — Technical Council
- • Day-to-day operations
- • Technical maintenance
- • Budget execution within limits
- • Partnership negotiations
- • Daily/weekly execution cycles
The Guardian Council
The Guardian Council serves as the legal interface between the decentralized network and traditional legal systems. These are the official Directors of the CLG under Irish law.
Council Responsibilities
Legal Compliance
Ensure all DAO decisions comply with Irish and EU law, including MiCA regulations and AML requirements.
Veto Authority
Limited veto power only for decisions that would violate law or the foundational constitution.
Execution Duty
Bound by constitution to execute valid DAO votes in the traditional legal realm.
Regulatory Interface
Official point of contact with regulators, banks, and institutional partners.
Optimistic Governance
For operational decisions, we implement an "Optimistic Governance" pattern that enables rapid execution while preserving community control.
How It Works
Proposal Publication
Technical Council publishes proposed action on-chain
Veto Window
7-day period for community to raise objections
Automatic Execution
If no veto, action executes automatically after window closes
Result: Speed of centralized execution with decentralized override capability.
Irish CLG Structure
MBO Foundation is legally structured as a Company Limited by Guarantee (CLG) under Irish law, providing a robust legal framework for decentralized governance.
No Share Capital
Members are guarantors, not shareholders. Governance is based on participation, not capital investment.
Asset Lock
Constitutional mechanism prevents profit distribution to members, ensuring mission alignment.
Limited Liability
Member liability capped at €1, protecting participants from organizational debts.
EU Passporting
Irish registration enables operations across the entire European Union market.
Participate in Governance
Learn how to become a member and participate in decision-making.
Request Membership Information