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Orivon Pre-DAO Ownership Framework

This file is just a proposal and is written here to be evaluated, get audits and improvement feedbacks

For changes discuss within our Discord Server and/or commit directly to Github modifying this file

Motivations​

The need for a system like that comes from the nature of Orivon since its creation

Orivon is made to be an ambitious community-supported Web3 project and ultimately a Decentralized organization willing to innovate and change Web3 for a long period of time

When Orivon Browser, the first Orivon product, will be out, the DAO will be launched as well
That to redirect all of the incomes to its treasury

Before even achieving Orivon Browser the project needs funding and strong community support

By its own nature (of an ecosystem-changing project) Orivon products can work only if there is the necessary support from the Web3 world to make it true in the first place

We can't expect to change the Web3 ecosystem that deeply without being even able to achieve as much support required to make the project true

But for that we need a great recompense system for Orivon supporters
No one on Web3 field is going to support a project with centralized ownership

This one is a step of every successful and ambitious Web3 organization

Since the project is growing, I believe that Orivon is ready to adopt a Pre-DAO Ownership Framework
All while keeping the right level of flexibility the project needs as matures

Proposal​

In this proposal we define the $Orivon Token ($ORV), which will be the Orivon DAO Governance token

This current Pre-DAO allocation model is an internal accounting framework designed to track future governance participation and contribution recognition before the official DAO launch

Right before the launch we will make a confirmation vote session to confirm the newer on-chain rules
50%+ of voting power will be required to approve the on-chain rules and make them alive as the Orivon DAO

The following units are merely off-chain counting and non-transferable tokens until the DAO is launched on-chain

Token Data:

  • Initial Supply: 1.000.000

  • Maximum Allowed Supply : 2.000.000 (Pre-DAO only)

  • Maximum Allowed Inflation: 5%/Month (within the Final Circulating Supply limit)

  • Initial Proposed Pie:

    Early contributors 30%
    Treasury 70%

  • Governance Direction (on DAO launch):

    Founder 10% to 15%
    Investors 15% to 28%
    Contributors 40% to 60%
    Treasury 10% to 35%

Leadership-bonus rewards accrued during active service remain valid even in case of role exit / removal and follow their respective vesting schedules. No retroactive removal is ever applied to already earned rewards, even if Leadership-bonus related

Inauguration Split​

The share split of the initial inauguration is going to reward a total of 30% Tokens (300.000) to everyone who has contributed to the project since the idea of its creation (21 december 2025)

Inauguration Pie:

  • Founder 20% (200.000)
    Founder allocations are expected to be subject to long-term vesting at DAO launch.
  • Contributors 10% (100.000)
  • Treasury 70% (700.000)

All allocations of the inauguration split are subject to vesting+cliff

Minimum cliff: 3 months
Minimum linear vesting: 12 months

Any Vesting and Cliff time starts counting the moment the DAO is launched on-chain

Flexibility​

This proposals achieves flexibility trough inflation, which will be used to:

  • Safeguard the token distribution strategy to keep rewarding contributors if more than expected comes
  • Safeguard the token distribution strategy if Build Funding comes later than expected
  • Keep the needed flexibility for better future choices

Fast redistribution​

Since the Inflation System is made expecting to reduce the Founder percentage as the effective contributions comes, that may be not the case if DAO Launch comes earlier than our token distribution strategy expected

That would cause the need both from investors and contributors to quickly inflation in a range between 1.500.00 and 2.000.000 redistributing evenly all tokens to contributors and investors

Meaning that if you had 2%, you will keep having 2% even after the Fast redistribution event

This is allowed within the same DAO Launch voting

Allocation Strategy​

This section is merely made to give an idea of our tokens allocation strategy

CONSERVATIVENESS​

Since the $ORV Token is made with scarce availability, we will be very conservative with its allocations
With the view that in case of early Build Funding the Fast redistribution for contributors and investors will happen anyway

As the Supply gets more scarce, the less we will be up to pay the same amount of work with it
That will automatically translate to indirect benefit for earlier contributors, paying back the uncertainty risk

CLIFF / VESTED PAYMENTS​

Some contributors that requires a long term commitment incentive will be paid partly or entirely trough Vesting and Cliff
Lock time starts counting after the DAO Launch happens and never before

An example of roles whereas Orivon would benefit from Cliff and Vested Payments are:
Leadership roles (Core Team), Advisors, Private Investors etc...

Identities​

Participants identities are stored as Ethereum Addresses with an additional Discord/Telegram username as backup

Backups operations trough Discord/Telegram to change Ethereum Address should be executed in transparency in the appropriate communication channels

Communication​

A Discord or Telegram section with chat will be available for all holders to communicate and get updates, such as Token assignments or Voting announcements

Every vote announcement should be pinned and properly advertised in those official chats and channels

Constitutional call​

Constitutional calls serves to propose changes to the current system after this proposal goes live:

  • To be approved it requires at least a 75% of consensus within 1 month and appropriate communication
  • It can be called from the Core Team only
  • No more than 1 active Constitutional call can exist at the same moment
  • After 1 month of ongoing Constitutional call it can be declared expired from the Core Team

An user friendly web application like Snapshot will be used to vote

Mindset​

This section is just a way to give you and idea of our way of thinking how this system is intended to work

Founder allocation​

As you can see, in the DAO Launch phase the minimum percentage allocation for the Founder is a fixed 10% (with 15% as maximum)
This is made to add a great level of predictability of Founder percentage, since a dynamic allocation would be worse on that manner

That does not compromise any long-term flexibility in practice
Since the rules for the On-Chain DAO will be made ground up using these allocations only as a starting point

Keep in mind that further On-Chain DAO rules does not exclude new mints
In the meanwhile, Leadership roles recompenses are subject to Cliff + Vesting

Both leadership roles (like Founder) as well for contributors have strong interest to stay committed for long term success of Orivon
We are on the same boat, for that reason we want all to be fair with everyone else

Investors & Allocations expectancy​

We are conservative with the token allocation in sight of the fact that something like 25% (375.000 or 500.000 depending on supply) of tokens are going to be dedicated to investors

If we exclude Treasury (~25%), Investors (~25%), Founder (~10%) and earlier contributors (10%)
For future upcoming contributors a ~30% is left

We counted 10% to earlier contributors for 3 months of active contribution, so the remaining 30% is going to be kept up for at least 9 more months

After-DAO Funding​

As many others DAO based projects, funding can still continue to come after the DAO Launch
In fact the funding that launches the DAO is the same to build Orivon Browser

But we plan further funding after this, which serves to actually push Orivon at a Ecosystem level

We plan various instruments to further fund the project after DAO Launch, which are going to be:

  • Revenues from Orivon Browser
  • Treasury Allocation
  • Minting to treasury (last resort)

For that reason, the success of the Ecosystem Grant depends entirely from:

  • The market evaluation of the DAO
  • Initial stablecoin amount in the Treasury
  • Revenues of our products directed to our Treasury
  • Further contributions to the project

Stablecoin Treasury​

At the Build Funding stage, a Stablecoin amount to dedicate for the DAO Treasury is expected
That to guarantee further 18-24 Months of DAO operations to let Orivon achieve its goals

We expect to dedicate 30% to 50% of the funding amount to Stablecoins on the Treasury