Silo Finance (SILO) news

Silo Finance

The Core Team has been working with legal teams from Debevoise & Plimpton and Walkers on creating a legal structure for the SiloDAO. Following their legal advice, we are happy to announce that we have formed a legal foundation called Silo Labs.  Silo Labs will serve as the legal entity of SiloDAO only if token holders approve the action as we explain in this proposal.  What is The Silo Labs?  The Silo Labs is a “Foundation Company Limited By Guarantee” incorporated in the Cayman Islands. Silo La...

Forming a legal structure for SiloDAO

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Please vote on snapshot proposal: Establishment of Silo Labs Foundation

The proposal will assign Silo Labs as the legal wrapper of SiloDAO, affording all token holders legal benefits and organizing the DAO's relationship with the core team and future businesses that will work with our DAO. 

Voting is gas-free. We encourage all token holders to participate. 

https://snapshot.org/#/silofinance.eth/proposal/0xe670f6da8a58a032986835c9f98048e0ffee0e096a2d0c4494fd15af3578efc7

Resources: 
https://gov.silo.finance/t/forming-a-legal-structure-for-silodao/321

Please vote on snapshot proposal: Establishment of Silo Labs Foundation.