votes Proposals

Proposal for the Formation of ETA Green Energy SVT as a Special Purpose Vehicle (SPV)

Presented by: Environmental Truth Advocates (ETA)

Executive Summary

Environmental Truth Advocates (ETA), a decentralized autonomous organization (DAO) focused on promoting environmental advocacy and green initiatives, proposes the creation of a Special Purpose Vehicle (SPV) subsidiary, ETA Green Energy SVT, structured as a Limited Liability Company (LLC). 

The purpose of the SPV is to drive investments in high-impact renewable energy projects such as solar, wind, and free energy technologies. 

By isolating financial risks from the parent organization, this SPV will allow for secure and transparent investments through a dual token model,

 fostering decentralized governance and direct participation from stakeholders in green energy infrastructure development.

Purpose and Objective

The ETA Green Energy SVT will serve as a dedicated investment vehicle for managing funds and driving the development of renewable energy projects. Through the use of blockchain technology, smart contracts, and decentralized governance, the SPV will provide transparency and risk mitigation to investors and the broader ETA DAO community. The objectives of the SPV include:

Raising funds for high-impact renewable energy projects: Securing capital through decentralized crowdfunding mechanisms.

Managing project investments with transparency: Utilizing smart contracts for the management of funds and project milestones.

Isolating financial risks: 

Structuring the SPV as an LLC to protect the Parent Company from financial liabilities.

Fostering community participation and governance: Allowing $ETA token holders to vote on project selection, capital allocation, and major operational decisions.

Business Model

The proposed ETA Green Energy SVT will operate under the following structure:

Legal Structure:

Formed as a Limited Liability Company (LLC) to ensure financial independence from the Parent Company.

Registered under the blockchain address 0x983e031e98e2a2c2c13ca0897090f36baf8df800.

Decentralized Governance:

Governance will be handled via the $ETA governance token, allowing token holders to vote on key decisions, including which renewable energy projects to fund, budget allocations, and project milestones.

Decentralized decision-making will ensure that investments and project developments align with the values and goals of the ETA DAO community.

Project Funding:

The $ECO utility token will be the primary currency for funding renewable energy projects through decentralized crowdfunding.

Participants will use $ECO tokens to support initiatives such as solar farms, wind energy installations, and free energy technology research.

Profit Sharing:

Investors in ETA Green Energy SVT will receive profit shares from successful projects. These profits will be distributed in the form of $ETA or $ECO tokens based on their level of involvement and support for individual projects.

Tokenomics

The dual token system will consist of:

Governance Token ($ETA):

Total Supply: 100 million tokens

Utility: Used for governance and voting within the ETA DAO and SVT.

Distribution:

40% Public Sale: Available to the public for initial project funding.

20% DAO Treasury: Reserved for future initiatives and expansion.

15% Founding Team & Advisors: Subject to a four-year vesting schedule.

10% Community Incentives: Rewards for active participation in governance and project support.

10% Partnerships: For fostering collaboration with green tech companies and NGOs.

5% Liquidity Reserve: To ensure smooth market operations.

Utility Token ($ECO):

Total Supply: 500 million tokens

Utility: Used for staking, project funding, transaction fees, and marketplace transactions within the SVT.

Staking & Rewards: Users can stake $ECO tokens in sustainability pools to back specific projects and earn rewards.

Revenue Model

The ETA Green Energy SVT will generate revenue through:

Project Success: 

Profits generated by successfully funded renewable energy projects (e.g., wind farms, solar energy installations) will be distributed to $ETA and $ECO token holders.

Marketplace Fees: 

A small fee will be applied to transactions in the eco-friendly marketplace, where users can purchase products and services using $ECO tokens. These fees will be reinvested into future projects.

Partnerships: Collaborations with green technology companies, NGOs, and government entities will generate revenue for the SVT and provide additional funding streams.

Sustainability Impact Bonds (SIBs): The SVT will issue green bonds tied to specific environmental outcomes such as carbon reduction or renewable energy generation.

Risk Mitigation

The SPV structure provides the following risk management features:

Financial Risk Isolation: As a Limited Liability Company (LLC), the financial liabilities of the Subsidiary will be isolated from the Parent Company, ensuring that any potential losses do not impact the overall financial health of ETA.

Blockchain Transparency: All transactions, project milestones, and governance decisions will be handled through immutable smart contracts on the blockchain, ensuring full transparency and accountability.

Decentralized Governance: Token holders will have direct control over significant decisions, reducing the risk of centralization and ensuring a community-driven approach to project selection and funding.

Governance and Operations

The ETA Green Energy SVT will be managed by a Board of Managers, appointed by the governance vote of $ETA token holders. The Board will be responsible for the daily operations, project management, and financial oversight of the SVT, while reporting to the ETA DAO for strategic decisions.

Conclusion

The formation of ETA Green Energy SVT as an SPV under Environmental Truth Advocates (ETA) will provide a robust, secure, and transparent mechanism for funding and managing renewable energy projects. By utilizing a dual-token model, blockchain transparency, and decentralized governance, the SVT will foster widespread community participation and help drive the adoption of green energy technologies.

This proposal seeks approval from the ETA DAO community to proceed with the establishment of ETA Green Energy SVT and to initiate the public sale of $ETA and $ECO tokens for project funding.

For Approval:

Parent Company, Environmental Truth Advocates (ETA):

Signature: __Environmental Truth Advocates _______________________

Name: __Environmental Truth Advocates ___________________________

Title: __AGENT__________________________

For the Subsidiary, ETA Green Energy SVT:

Signature: __ETA Green Energy SVT _______________________

Name: ___ETA Green Energy SVT _ __________________________

Title: ____sub-dao_________________________

Proposal for the Formation of ETA Green Energy SVT as a Special Purpose Vehicle (SPV) Presented by: Environmental Truth Advocates (ETA)Governance

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Proposal for the Formation of ETA Green Energy SVT as a Special Purpose Vehicle (SPV) Presented by: Environmental Truth Advocates (ETA)

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AGREEMENT FOR THE FORMATION OF A SUBSIDIARY AS A SPECIAL PURPOSE VEHICLE (SPV) STRUCTURED AS A LIMITED LIABILITY COMPANY (LLC) This Agreement is entered into on this [Date], by and between Environmental Truth Advocates (ETA), a parent entity organized as a Decentralized Autonomous Organization (DAO), with a registered address of 0x6c179ec4d3664cbfd907764bc1038f56f7e82efa (hereinafter referred to as "Parent Company"), and ETA Green Energy SVT, a Special Purpose Vehicle (SPV) structured as a Limited Liability Company (LLC) with a registered address of 0x983e031e98e2a2c2c13ca0897090f36baf8df800 (hereinafter referred to as "Subsidiary" or "ETA Green Energy SVT"). The parties hereby agree to the following terms: 1. Purpose The Subsidiary, ETA Green Energy SVT, is established as a Special Purpose Vehicle (SPV) under the Parent Company Environmental Truth Advocates (ETA) for the express purpose of driving investments and managing funding for high-impact renewable energy projects, including but not limited to solar, wind, and free energy technologies. The SPV is intended to isolate financial risks from the Parent Company while promoting eco-friendly infrastructure development and facilitating secure and transparent investments. 2. Formation of Subsidiary The Parent Company hereby authorizes the formation of the Subsidiary as a Limited Liability Company (LLC) under the laws and regulations of [Jurisdiction], to act as an independent legal entity that will carry out the operations of ETA Green Energy SVT. The Subsidiary shall operate in accordance with the following terms: 2.1 Legal Structure The Subsidiary shall be formed as a Limited Liability Company (LLC) and shall operate as an independent legal entity, separate and apart from the Parent Company. The Subsidiary will be registered with the blockchain address 0x983e031e98e2a2c2c13ca0897090f36baf8df800. 2.2 Limited Liability The LLC structure of the Subsidiary isolates financial risks from the Parent Company. All liabilities incurred by the Subsidiary in its operations, including those arising from renewable energy projects, crowdfunding initiatives, or any other investment activities, shall remain solely the responsibility of the Subsidiary. The Parent Company, ETA, shall not be held liable for any debts, obligations, or legal liabilities incurred by the Subsidiary. 3. Governance and Operations 3.1 Governance Governance of the Subsidiary shall be conducted through a token-based system, specifically utilizing the governance token $ETA, which will grant holders the right to vote on project selection, budget allocations, and other significant operational decisions related to the activities of the Subsidiary. The ETA DAO shall retain oversight through $ETA token holders' voting mechanisms. All governance matters related to project funding, strategic decisions, and the direction of the Subsidiary shall be subject to this decentralized governance model. 3.2 Management The Subsidiary will be managed by a Board of Managers, selected from among $ETA token holders and appointed by a governance vote within the ETA DAO. The Board of Managers will have authority over day-to-day operations, project execution, financial management, and other key operational functions of the Subsidiary, but shall report to the ETA DAO for significant decisions. 3.3 Smart Contracts All transactions, including investments, voting, and project milestones, will be governed by smart contracts executed on the blockchain to ensure transparency, immutability, and accountability. 4. Tokenomics 4.1 $ETA Governance Token The $ETA governance token will be used within the Subsidiary to grant voting rights to holders. Total Supply of $ETA tokens will be 100 million. Distribution: Public Sale: 40% DAO Treasury: 20% Founding Team & Advisors: 15% (with a 4-year vesting schedule) Community Incentives: 10% Partnerships: 10% Liquidity Reserve: 5% 4.2 $ECO Utility Token The $ECO token will serve as the primary currency for funding renewable energy projects within the Subsidiary, with a Total Supply of 500 million $ECO tokens. The $ECO token will be used for staking, funding projects, paying transaction fees, and as rewards for community participation. 5. Project Funding and Profit Sharing The Subsidiary will use decentralized crowdfunding to fund renewable energy projects, with $ECO tokens serving as the primary currency for backers and investors. Profits generated from successful projects will be distributed to $ETA or $ECO token holders as appropriate, based on their participation in governance and project funding. 6. Revenue Streams and Sustainability The Subsidiary will generate revenue through the execution of renewable energy projects, partnerships with green tech companies, and the operation of an eco-friendly marketplace where $ECO tokens will be used as the currency of exchange. The Subsidiary shall issue Sustainability Impact Bonds (SIBs) to provide funding for future projects and reward successful environmental outcomes. 7. Risk Management Risk Isolation: The Subsidiary, as an SPV structured as an LLC, shall insulate the Parent Company from the financial risks associated with renewable energy projects. Transparent Operations: The use of smart contracts ensures that all financial and governance operations are transparent, reducing the risk of mismanagement or fraud. 8. Dissolution In the event that the Subsidiary is dissolved, any remaining assets or funds will be distributed to $ETA or $ECO token holders in accordance with the terms outlined in this Agreement and the relevant smart contracts. The Parent Company shall not be held responsible for any liabilities arising from the Subsidiary's operations upon dissolution. 9. Miscellaneous Governing Law: This Agreement shall be governed by and construed in accordance with the laws of [Jurisdiction]. Amendments: This Agreement may only be amended or modified through a vote of the $ETA token holders, conducted in accordance with the governance rules of the ETA DAO. IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first written above. For the Parent Company, Environmental Truth Advocates (ETA): Signature: _________________________ Name: _____________________________ Title: _____________________________ Date: _____________________________ For the Subsidiary, ETA Green Energy SVT (SPV): Signature: _________________________ Name: _____________________________ Title: _____________________________ Date: _____________________________

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Proposal for the Creation of ETA Green Energy SPV Subsidiary

Presented by: Environmental Truth Advocates (ETA)

Date: [Insert Date]

Executive Summary

Environmental Truth Advocates (ETA) proposes the establishment of ETA Green Energy SPV, a Special Purpose Vehicle (SPV), as a subsidiary to manage securitized assets using Securitized Value Tokens (SVT). This SPV will operate as an integral part of the ETA Green Energy SVT initiative, providing accredited investors the opportunity to participate in securitized investments and loan issuance. The SPV will isolate financial risks from the parent company and enable decentralized governance through $ETA Governance Tokens.

This proposal outlines the operational structure, governance, tokenomics, and loan management mechanisms that will be implemented in the ETA Green Energy SPV smart contract.

Purpose and Objective

The ETA Green Energy SPV will serve as a subsidiary of Environmental Truth Advocates (ETA) with the following primary objectives:

1. Securitized Investment Management:
   • Issue and manage Securitized Value Tokens (SVT) to accredited investors, representing securitized assets, such as loans backed by collateral.
2. Loan Issuance and Approval:
   • Enable accredited investors to request loans through a decentralized platform, and ensure that loans are approved by $ETA Governance Token holders, thus maintaining decentralized oversight.
3. Accredited Investor Participation:
   • Only accredited investors, verified by the SPV owner, will be able to participate in loans and securitized token transactions, ensuring regulatory compliance.
4. Governance:
   • Governance will be conducted through $ETA Governance Tokens, enabling token holders to approve or reject loan applications and influence operational decisions within the SPV.

SPV Structure

The ETA Green Energy SPV will be created as a blockchain-based smart contract with the following features:

1. Subsidiary Relationship:

   • The SPV will operate as a subsidiary of the parent company Environmental Truth Advocates (ETA), using the parent company's address 0x6c179Ec4D3664CbFd907764bC1038f56F7e82eFA for identification.
   • The ETA Green Energy SPV will use the same blockchain address 0x983e031e98E2A2C2c13ca0897090f36BAF8dF800 as ETA Green Energy SVT, streamlining operations and ensuring transparency.

2. Securitized Value Token (SVT):

   • The SPV will issue 400 million SVT tokens, which represent securitized assets or loans issued by the SPV.
   • Investors and borrowers will transact using these tokens, which can also be traded within the SPV's ecosystem.

3. Governance Token ($ETA):

   • $ETA Governance Tokens will be used to control key operations within the SPV. Governance token holders can vote to approve loans and manage the subsidiary.
   • A total of 100 million $ETA Governance Tokens will be distributed for governance purposes.

Tokenomics

The ETA Green Energy SPV will operate under a dual-token model:

1. Securitized Value Tokens (SVT):

   • Total Supply: 400,000,000 SVT tokens.
   • Utility: Represent securitized assets, such as loans. Borrowers receive SVT tokens when loans are approved, and the tokens are repaid upon loan repayment.
   • Usage: SVT tokens can be transferred between investors, repaid by borrowers, and used to fund new projects.

2. Governance Tokens ($ETA):

   • Total Supply: 100,000,000 $ETA tokens.
   • Utility: Provides voting rights to token holders for approving loans and governance decisions.
   • Usage: $ETA tokens will be used for decentralized voting on loan requests and managing SPV operations.

Loan and Collateral Management

1. Loan Requests:

   • Accredited investors can request loans by specifying the amount and collateral.
   • Loans are represented by SVT tokens, and collateral ensures the security of the loan.

2. Loan Approval:

   • $ETA Governance Token holders will vote on loan approvals. Once approved, borrowers receive the loan amount in SVT tokens, backed by their collateral.

3. Loan Repayment:

   • Borrowers will repay loans by returning the SVT tokens they received. Upon repayment, the loan is marked as repaid, and the borrower's collateral is returned.

4. Collateral Management:

   • Loans must be backed by sufficient collateral, and the smart contract ensures that loans are only issued when appropriate collateral is provided.

Governance Model

The ETA Green Energy SPV will follow a decentralized governance model:

1. $ETA Governance Tokens:
   • Token holders will vote on key decisions, including loan approvals and subsidiary operations.
2. Loan Approval Process:
   • Loan requests are submitted by accredited investors and are only approved after receiving sufficient votes from governance token holders.
3. SPV Management:
   • The SPV owner has control over the activation or deactivation of the SPV. This ensures operational flexibility and security.

Accredited Investor Verification

1. Investor Validation:
   • Accredited investors will be validated by the SPV owner through the validateAccreditedInvestor function, ensuring that only qualified participants can request loans or participate in securitized token transactions.
2. KYC (Know Your Customer):
   • The SPV will integrate a KYC process for regulatory compliance, ensuring that only accredited investors, meeting certain financial criteria, can participate.

Security and Risk Mitigation

1. Risk Isolation:

   • The SPV's smart contract isolates the financial risks associated with loans and investments from the parent company ETA, ensuring that the parent company is not liable for potential loan defaults.

2. Transparent Loan and Token Management:

   • All loan issuance, token transfers, and governance decisions are handled on-chain via smart contracts, ensuring full transparency and accountability.

3. SPV Activation/Deactivation:

   • The SPV owner has the ability to deactivate the SPV, halting all operations in case of security concerns or market disruptions, and later reactivate it when appropriate.

Implementation Plan

1. Development:

   • The ETA Green Energy SPV smart contract has been developed and is ready for deployment.

2. Deployment:

   • The SPV will be deployed on the Ethereum blockchain using the addresses specified for ETA Green Energy SVT and Environmental Truth Advocates (ETA).

3. Investor Onboarding:

   • Accredited investors will be onboarded after a KYC process, and governance token holders will begin managing loan approvals and token transfers.

4. Audit and Security Review:

   • The SPV smart contract will undergo a security audit before deployment to ensure compliance with best practices and prevent vulnerabilities.

Conclusion

The ETA Green Energy SPV represents a forward-thinking approach to decentralized securitized investments, offering accredited investors the ability to participate in loans backed by Securitized Value Tokens (SVT). Through transparent governance with $ETA Governance Tokens, this SPV will drive investments in clean energy and sustainable projects, all while mitigating risks and ensuring regulatory compliance.

We seek approval to proceed with the establishment and deployment of the ETA Green Energy SPV as a subsidiary of Environmental Truth Advocates (ETA).

For Approval:

OPEN AN SVP for the SVT subsudary of ETA DAO

This DAO provides a secure, transparent platform for accredited investors to participate in high-impact, eco-friendly projects, while isolating financial risks from the parent DAO.

 The SVP DAO operates independently from ETA DAO, with its own governance and decision-making processes, while still adhering to the broader mission of advancing sustainable infrastructure and green energy solutions. Purpose and Objectives The ETA Green Energy SVP DAO serves the following purposes: Investment and Loan Management: Manage securitized assets using SVT tokens, representing loans and collateralized investments. Allow accredited investors to participate in funding renewable energy projects through decentralized, transparent processes. Risk Isolation: The SVP DAO isolates financial risks from the ETA DAO, ensuring that the failure or success of individual projects does not directly impact the broader mission of the parent DAO. Decentralized Governance: Governance within the SVP DAO is facilitated through $ETA Governance Tokens, where holders can vote on loan approvals, project funding, and strategic decisions related to renewable energy investments. Crowdfunding and Project Funding: SVT tokens serve as the primary currency for funding renewable energy initiatives such as solar farms, wind energy projects, and free energy research hubs. 

Token holders can participate in profit-sharing through successful projects. SVP DAO Governance Model Governance Token ($ETA): $ETA tokens enable holders to vote on project approvals, budget allocations, and operational decisions within the SVP DAO. Voting Rights: Long-term holders with staked $ETA tokens have greater influence over decisions, promoting responsible governance. SVT Token Utility: 

SVT Tokens are issued for every securitized loan or project. Investors receive SVT tokens in exchange for backing projects and loans. 

These tokens can be traded or used to participate in the governance of the project. Autonomous Decision-Making: The SVP DAO operates independently of ETA DAO in terms of funding allocation, investment decisions, and loan management. Sub-DAO Structure: The SVP DAO operates under a sub-DAO model, with its own governance framework, ensuring autonomy from ETA DAO while maintaining alignment with its sustainability mission. 

Tokenomics Overview Governance Token ($ETA): Total Supply: 100 million $ETA tokens. Utility: Governance rights within the SVP and ETA DAOs. Distribution: Public Sale: 40% available for the public to fund projects. DAO Treasury: 20% reserved for future initiatives. Founding Team: 15%, with a 4-year vesting schedule. Community Incentives: 10% rewards for active participation. Partnerships & Ecosystem Development: 10% for collaboration with green tech firms. Liquidity Reserve: 5% for market stability. Utility Token (SVT): Total Supply: 400 million SVT tokens. Utility: Used for staking, project funding, transaction fees, and profit-sharing within the SVP DAO. Staking: Holders can stake SVT tokens to back renewable energy projects, earning rewards as projects succeed. Burn Mechanism: SVT tokens will be burned based on project success metrics, reducing the supply and supporting long-term value. Revenue Streams Crowdfunded Projects: Revenue generated from completed renewable energy projects, such as wind farms or free energy devices, will be distributed to SVT and $ETA token holders. Partnerships: Collaborations with green tech companies, governments, and NGOs will generate additional revenue for the SVP DAO, which will flow back into project funding. Eco-Marketplace Fees: A small fee is collected from transactions in the Eco-Marketplace, where participants trade eco-friendly products or NFTs, contributing to future project funding. Risk Mitigation Risk Isolation: The SVP DAO structure isolates the financial risks of each renewable energy project. The failure of individual projects does not impact the parent ETA DAO or other projects. Transparent Smart Contracts: All transactions, loans, and voting are handled through smart contracts on the blockchain, ensuring full transparency and immutability. Decentralized Governance: Decisions on capital deployment and project selection are controlled by $ETA token holders, ensuring a democratic approach to investment. Implementation Plan Deployment of the SVP DAO: The ETA Green Energy SVP DAO will be deployed as a separate entity from the ETA DAO on the Ethereum blockchain, using the addresses specified. Investor Onboarding: Accredited investors will be onboarded through a KYC process, allowing them to participate in project funding and governance within the SVP DAO. Governance and Voting: The $ETA token holders will begin governing the approval of loans, funding of projects, and distribution of SVT tokens to accredited investors. Audit and Security: The SVP DAO smart contract will undergo a security audit before launch to ensure its functionality and security. Conclusion The ETA Green Energy SVP DAO provides a decentralized, transparent, and secure platform for managing investments in renewable energy projects. By utilizing SVT tokens and decentralized governance, the SVP DAO ensures that accredited investors can participate in impactful projects while isolating financial risks from the parent organization. We seek approval to launch the ETA Green Energy SVP DAO as a distinct subsidiary from ETA DAO, providing autonomy, security, and sustainable development in the renewable energy sector.Links

eaodao SUB-DAO ETA Green Energy SVT

https://eaodao.webnode.page/