Community Governance

The Auroca association shall deploy a decentralized governance protocol (DAO) and issue the Auroca Utility Token (AURC).

AURC token sole purpose is to grant its holders access to the Auroca DAO Interface, enabling them to become community members and access to exclusive features as described in this document. AURC token is not an Asset-Referenced Token nor a Payment token to acquire Asset-Referenced Tokens.

Through the Auroca DAO Interface, members may participate in the Auroca DAO pursuit to introduce Asset-Referenced Tokens under a regulatory framework.

To ensure its longevity and sustainability, the Auroca DAO shall obtain legal advice to confirm that the tokens introduced comply with a regulatory framework. The Auroca DAO shall primarily focus on propositions concerning RWA-based, ART tokens with potential of preserving value over time. The Auroca DAO shall refrain from proposing or promoting tokens that promise quick profits, investment returns, or any other deviation from its core mission.