3.10 DAO (Decentralized Autonomous Organization) and Tier System

3.10.1 Definition and Operation of DAO

• DAO (Decentralized Autonomous Organization) is a decentralized, blockchain-based governance structure that enables critical decisions to be made on the Fexse platform with the participation of community members.

• The DAO is in charge of key processes such as sales decisions, dividend distributions and platform updates.

• The functioning of the DAO is automated through smart contracts and decisions are transparently and immutably recorded on the blockchain.

3.10.2 Authorities and Responsibilities of the DAO

The DAO has the following key authorizations on the Fexse platform:

• Deciding on Asset Sale: The DAO is the final authority in sales processes.

• Dividend Distribution: The process of distribution of dividends is approved by the DAO.

• Key Opening Processes: Vesting and Cliff processes are overseen by the DAO.

• Platform Updates: Technical and operational updates of the platform are performed under DAO control.

3.10.3 DAO Voting and Decision Making Processes

• DAO voting is done through the Tier System.

• Voting authorizations differ according to the user's Tier level and activity on the platform.

• Voting is carried out based on the technical document prepared for the DAO (DAO White Paper) and related smart contracts.