Transparency and Trust

The Auroca DAO shall leverage widely available transparency tools facilitated by underlying blockchain technology, such as:

  1. Proof of reserves: stands as a pillar of transparency and trust within the ecosystem. It acts as a mechanism to verify and authenticate the value of the assets backing the ARTs. This shall ensure that any ART introduced by the Auroca DAO is transparent and provides its holders with full confidence in the integrity of the ART.

  2. Open source code: Transparency is at the core of the Auroca DAO, and one of the fundamental ways we uphold this principle is by publishing open-source code. The smart-contracts’ codebase of the AURC and the ARTs that the Auroca DAO aims to introduce, shall be openly available to the public, enabling thorough review by developers, auditors, and stakeholders.

  3. Immutable records: serve as a cornerstone of credibility within the ecosystem. Each transaction and interaction within the blockchain is recorded in a tamper-proof and irreversible manner, establishing an indelible audit trail of activity.

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