THE BOARD

A special council on the LFT Foundation (the DAO’s “Board”) provides, at the behest of the LFTCoin DAO members, oversight of the Foundation administrators. The purpose of the Board is to administer DAO proposals and serve the vision of the community. It meets on proposals requiring administrative review under LFTCoin DAO rules. The initial Board serves a term of six months, after which DAO members will vote annually on Board members.