# RFC: Founding Documents of the Centrifuge DAO

**URL:** https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073
**Category:** Proposals
**Tags:** founding-docs, jan, cp4, 2023
**Created:** [January 27, 2023, 7:39pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073 "2023-01-27T19:39:04Z")
**Posts on this page:** 20
**Page:** 2

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### Author: ![The\_Phunky\_One](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/the_phunky_one/32/3288_2.png) [@The\_Phunky\_One](https://gov.centrifuge.io/u/The_Phunky_One)
#### Post date: [February 2, 2023, 3:31pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/21 "2023-02-02T15:31:59Z")

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But what if the GMs were on-chain? 🤔

Kidding, of course. But as the CVO of GM on Kusama, I had to ask 😂

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### Author: ![The\_Phunky\_One](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/the_phunky_one/32/3288_2.png) [@The\_Phunky\_One](https://gov.centrifuge.io/u/The_Phunky_One)
#### Post date: [February 2, 2023, 3:59pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/22 "2023-02-02T15:59:44Z")

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First and foremost, thank you so much for tagging me with the links @ImdioR 🤝

As a DAOist in ChaosDAO, I can tell you first hand that we have made similar strides to organize ourselves and wanted to give you and @Rhano some real kudos for putting together such a clean, easy to understand document. It details the vision and articulates how we will get there together as a community 🙌

And, as someone who has become a regular / mainstay on The Kusamarian’s AAG show each Monday, I am clearly a fan of governance in all of its forms. I’m being honest when I say this: I don’t think I’ve met any other parachain team who puts this much thought and effort into on-chain governance the way the Centrifuge / Altair team does. You both have done a phenomenal job with this, and I would be remiss if not also thanking the core contributors as well, so shout-out to @Kate_Bee, @lucasvo, @akhan and @Davidutro for their work on this endeavor as well 👏 👏 👏

Looking forward to the community meeting today (and in the future)!

Gratefully,

Ryan / Phunky

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### Author: ![LucaPoggi](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/lucapoggi/32/2116_2.png) [@LucaPoggi](https://gov.centrifuge.io/u/LucaPoggi)
#### Post date: [February 2, 2023, 5:25pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/23 "2023-02-02T17:25:27Z")

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Hello everyone! Congrats for Founding Documents that you all wrote! They are awesome and impressive!

I have only a little feedback: in the document, it is indicated that it’s possible to change level of engagement, but it seems that are missing the evaluation process details about this increase on contribution (also maybe a specific process to evaluate various requests that will be sent). For some actors (collators, protocol and DeFi partners, CNF team, etc…) maybe this process is not so important, but in some cases could be helpful to have a specific and detailed level of engagement to be considered in a category or on another (I agree with “quality rather than quantity” but a minimum level of contribution requirements, only as a starting point, should be provided in order to avoid discussions).

Hope this is helpful to improve the fantastic work you already done! ❤

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### Author: ![Lolalot](https://avatars.discourse-cdn.com/v4/letter/l/b77776/32.png) [@Lolalot](https://gov.centrifuge.io/u/Lolalot)
#### Post date: [February 3, 2023, 3:44am UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/24 "2023-02-03T03:44:43Z")

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Thank you ImdioR for you kind and informative response. much appreciated and will take it upon my self to read again the Document Part Three: Levels of Engagement and try to be more active and fruitful 🙂  
galaxy mission is a great start (test run?) and it doesn’t matter if its for the Chines community atm. if it goes well it will flow to the rest of the community. great to hear that.  
I I think it’s a great way to bring people in (if done in the right way and… timing). I understand people has the responsibility to go and research, go in depth… BUT with all the different options, the lack of technical skills or experience (that can be bridged/acquired easily & in a playful way) , etc. people just get lost, lose interest/motivation and don’t get the opportunity to make a real connection or habit to be developed (3 weeks++/-). In test net and onboarding users, people participate and enjoy more when the process is with clear structure and being guided in a playful way. Lots of words. will check in to see if I can support.  
Cheers

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### Author: ![Tjure07](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/tjure07/32/1039_2.png) [@Tjure07](https://gov.centrifuge.io/u/Tjure07)
#### Post date: [February 3, 2023, 8:38am UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/25 "2023-02-03T08:38:47Z")

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Many of us in here are no technical or financial experts and we had to start to learn Centrifuge from the scratch. Some of our early ambassadors created user manuals & guides for a quick orientation to help onboarding new users to the ecosystem:

> **[User manuals & Guides](https://gov.centrifuge.io/c/community/user-manuals-guides/43)**
>
> This category is used for educational content, for user manuals and guides from and for the community

As well we want to deepdive into RWA with Q&A from industry experts

> **[Q&A](https://gov.centrifuge.io/c/real-world-assets/qa/60)**
>
> This category is used for asking questions and getting answers to process, governance, and community specific approaches to RWAs. The Community is committed to ensuring everyone feels welcome and this subtopic creates a space to ask those questions so you can get what you need.

In general the forum is a great way to gather information and get the most important infos you need.

I can recommend the monthly summaries for a quick overview of the latest events, news and updates.

[https://gov.centrifuge.io/tag/monthly-summary](https://gov.centrifuge.io/tag/monthly-summary)

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### Author: ![pmensik](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/pmensik/32/2032_2.png) [@pmensik](https://gov.centrifuge.io/u/pmensik)
#### Post date: [February 8, 2023, 6:42pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/26 "2023-02-08T18:42:20Z")

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Hey everyone,

finally, I go the chance to have a look at the founding documents. I can just say that this is really an impressive piece of work and a great foundation for the future development and growth of the DAO.

I really thought for some time if I can make any additional suggestions or improvements - but is already perfect as it is apart from some already made comments from other community members. I really appreciate the hard work you are doing here and I am really proud to be one of the first collators! 🙂

It’s really rare to see a project care about decentralization and its proper bootstrap that much and I deeply sympathize with that.  
So thank you for putting this up and I am looking forward to what the future is going to bring for Centrifuge!

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### Author: ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)
#### Post date: [February 8, 2023, 6:56pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/27 "2023-02-08T18:56:49Z")

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Hello Pmensik and thank you for your feedback.

> [@pmensik](#):
>
> I really thought for some time if I can make any additional suggestions or improvements - but is already perfect as it is apart from some already made comments from other community members. I really appreciate the hard work you are doing here and I am really proud to be one of the first collators! 🙂

🤗

This was really a very big and complex work (thanks to all: authors, contributors, interviewers and etc). Apart from the interview that we did and the feedback that we received from different members, i think that we were able to make the right quintessence without overwhelming and at the same time without missing the relevant information.

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### Author: ![pmensik](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/pmensik/32/2032_2.png) [@pmensik](https://gov.centrifuge.io/u/pmensik)
#### Post date: [February 9, 2023, 4:35pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/28 "2023-02-09T16:35:59Z")

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Yeah, totally agree, I was actually surprised that the document itself is not that long and yet sends a clear message 🙂

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### Author: ![ctcunning](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/ctcunning/32/832_2.png) [@ctcunning](https://gov.centrifuge.io/u/ctcunning)
#### Post date: [February 10, 2023, 8:38pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/29 "2023-02-10T20:38:34Z")

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Let’s rip.

I think the spirit and intention of these documents is inline with our culture and what the community wants to build.

A great place to begin and no doubt will be perfected and amended over time.

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### Author: ![Vad](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/vad/32/1566_2.png) [@Vad](https://gov.centrifuge.io/u/Vad)
#### Post date: [February 11, 2023, 6:53pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/30 "2023-02-11T18:53:56Z")

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this is the right way to go

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### Author: ![CM13](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/cm13/32/2224_2.png) [@CM13](https://gov.centrifuge.io/u/CM13)
#### Post date: [February 13, 2023, 12:07pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/31 "2023-02-13T12:07:07Z")

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HI @Rhano @ImdioR its a great doc…clear and well defined.

However i would like to make a few suggestion.

1. Given the project is largely wrt providing (tokenizing) credit…in the defined roles it may be prudent to highlight the role of members in the credit selection/ evaluation process. Currently i don’t see any mention of a role related to credit.

2. Also it might be prudent to break up the organization/DAO into divisions…like BD, partnership, credit, governance, onboarding, tech etc etc and highlight which category falls under which of the 3 engagement buckets.

3. Finally even though we have mentioned: “People are involved in Centrifuge for various reasons, with different ambitions, interests, and levels of engagement. Some actively participate in all aspects of governance (discussion and voting), some only in certain parts of the project and others don’t actively participate at all. In order to keep our discussions constructive and productive, and to engage people on relevant matters who have relevant expertise, we propose these levels of engagement.”  
The takeaway from this is not very clear. What is the objective of part3: levels of engagement ? What action are we recommending ,if any, for the reader? Is there a roadmap for a contributor to increase his role in the DAO viz a viz this doc? Maybe if such questions are addresses elsewhere than it may be a prudent idea to share a link here for additional reading.

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### Author: ![Rhano](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/rhano/32/1014_2.png) [@Rhano](https://gov.centrifuge.io/u/Rhano)
#### Post date: [February 13, 2023, 12:41pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/32 "2023-02-13T12:41:41Z")

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Hi @CM13, appreciate your feedback!

> [@CM13](#):
>
> Given the project is largely wrt providing (tokenizing) credit…in the defined roles it may be prudent to highlight the role of members in the credit selection/ evaluation process. Currently i don’t see any mention of a role related to credit.

The members in the credit evaluation process are categorised as **group members** (e.g. the [Credit Group](https://gov.centrifuge.io/t/introducing-the-centrifuge-credit-group/4994)).

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/0/02cee3c0a59a527a4747672109c9c71a5806b576.png)

> [@CM13](#):
>
> Also it might be prudent to break up the organization/DAO into divisions…like BD, partnership, credit, governance, onboarding, tech etc etc

Most of these you mention would fall under **the k/f team** which is the entity working on the Centrifuge protocol - but definitely good feedback to make these roles more clear.

> [@CM13](#):
>
> What is the objective of part3: levels of engagement ? What action are we recommending ,if any, for the reader?

The purpose of part 3 is to define the types of engagement in the DAO - not encouraging any particular action - and their privileges. This will ensure that people with the relevant expertise and engagement will have access to the appropriate channels to discuss the development of the protocol and keep the conversations constructive. Anyone can increase their Level of Engagement, depending on their commitment and/or expertise.

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### Author: ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)
#### Post date: [February 13, 2023, 12:45pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/33 "2023-02-13T12:45:14Z")

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Good day CM13 and welcome to our forum!

> [@CM13](#):
>
> Given the project is largely wrt providing (tokenizing) credit…in the defined roles it may be prudent to highlight the role of members in the credit selection/ evaluation process. Currently i don’t see any mention of a role related to credit.

Are you aware of our POP process and Credit Group?  
POP: [RFC: POP V2 (Pool Onboarding Process, Version 2)](https://gov.centrifuge.io/t/rfc-pop-v2-pool-onboarding-process-version-2/4875)  
Credit Group: [Introducing the Centrifuge Credit Group](https://gov.centrifuge.io/t/introducing-the-centrifuge-credit-group/4994)

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/6/68b307e4abd6b2c1319c401d725c181af73e6d00.png)

The Credit Group will make a report (Optional) for each pool that will be onboarded.  
You can find all members of CCG in their introduction posts.

> [@CM13](#):
>
> Also it might be prudent to break up the organization/DAO into divisions…like BD, partnership, credit, governance, onboarding, tech etc etc and highlight which category falls under which of the 3 engagement buckets.

You are right CM13!  
We have Governance and Coordination Group, Credit Group, K/F (Developers), Centrifuge Foundation and etc.  
All of them described under:

- Ambassadors
- The CNF team
- The k/f team
- Moderators
- Certain group members and partners

> [@CM13](#):
>
> The takeaway from this is not very clear. What is the objective of part3: levels of engagement ? What action are we recommending ,if any, for the reader?

First of all, i think that we should aim for quality, not quantity.  
Any advice that i can give as a community member? Definitely actively participate on the forum, discord, social spaces, Community and Governance Calls and other AMA events inside and outside the DAO.

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### Author: ![CM13](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/cm13/32/2224_2.png) [@CM13](https://gov.centrifuge.io/u/CM13)
#### Post date: [February 13, 2023, 12:49pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/34 "2023-02-13T12:49:51Z")

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Thx @Rhano and @ImdioR for the prompt response and sharing some links !! I will look them up !! look fwd to further engaging in the governance call.

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### Author: ![ImdioR](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/imdior/32/1011_2.png) [@ImdioR](https://gov.centrifuge.io/u/ImdioR)
#### Post date: [February 15, 2023, 7:03pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/35 "2023-02-15T19:03:30Z")

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Good day ✋  
Thank you @CM13 , @LucaPoggi for highlighting us unclear aspects.  
Based on feedback that we received GCG elaborated a little bit better on the part of Changing Levels.

Hope that now this part is more clear.  
Thank you (and everyone who contributed) again for the important feedback 🤗

Changed part:

### Criteria for Changing Levels

**Passive Contributors → Active Contributors**

Any Daily Contributor can invite a Passive Contributor to become an Active Contributor - via a consent based vote - if they fulfill either of the following criteria:

- Their contribution to the DAO requires access to specific communication channels
- They contribute regularly to the development of the protocol
- They participate actively and regularly in Governance/Community Calls, Forum discussions, AMAs, live events with quality input

Measuring _regularly_ and _quality input_ can be challenging but we define _regularly_ as consistent and stable contribution over a period of time - and _quality input_ means giving constructive feedback on proposals/ideas and coming up with new ideas for how to improve the protocol/DAO and expand the ecosystem.

**Passive Contributors/Active Contributors → Daily Contributors**

In order to become a Daily Contributor, a DAO member would need to be part of the aforementioned entities and/or contribute to the development of the protocol on a near daily basis.

**Active Contributor → Passive Contributor**

DAO levels can be changed for several reasons:

- Personal decision. If a member no longer wishes to be a part of the DAO or would like to contribute less.
- Inactivity. After 90 days of inactivity, the level of a contributor can be decreased.
- As a consequence of violating the CoC.

Inquiries regarding access and level changes should be addressed to the GCG.

 ![image](https://europe1.discourse-cdn.com/flex013/uploads/centrifuge1/original/2X/a/a47fd3cb42663e951ffeb4bcb0c152160b601868.png)

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### Author: ![LucaPoggi](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/lucapoggi/32/2116_2.png) [@LucaPoggi](https://gov.centrifuge.io/u/LucaPoggi)
#### Post date: [February 20, 2023, 4:33pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/36 "2023-02-20T16:33:48Z")

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Thank you for the additional details and more focus on this! Well done!

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### Author: ![christiancdpetersen](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/christiancdpetersen/32/2256_2.png) [@christiancdpetersen](https://gov.centrifuge.io/u/christiancdpetersen)
#### Post date: [February 25, 2023, 2:26am UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/37 "2023-02-25T02:26:05Z")

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Congratulations to the Centrifuge team. I have had the privilege of working with various Centrifuge team members of the past few years. I recognize the value that Centrifuge brings to the finance space, as well as the many additional steps that need to be taken. I hope that I can contribute to the Centrifuge DAO in some meaningful fashion.

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### Author: ![Tjure07](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/tjure07/32/1039_2.png) [@Tjure07](https://gov.centrifuge.io/u/Tjure07)
#### Post date: [February 25, 2023, 6:27am UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/38 "2023-02-25T06:27:24Z")

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Hi christiancdpetersen. Welcome to the Centrifuge DAO!

As you are new here, do you mind telling us a bit more in what way you worked with Centrifuge before in the community introduction below? 🙏

> **[Introductions](https://gov.centrifuge.io/c/community/introductions/44)**
>
> This category is for all community members (team, ambassadors, issuers, investors etc.) to introduce themselves.

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### Author: ![christiancdpetersen](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/christiancdpetersen/32/2256_2.png) [@christiancdpetersen](https://gov.centrifuge.io/u/christiancdpetersen)
#### Post date: [February 25, 2023, 2:01pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/39 "2023-02-25T14:01:36Z")

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Yes, in my capacity to provide legal support for Real World Finance at Maker DAO in 2021 and 2022, I worked with Centrifuge to prepare a model trust indenture for Centrifuge financings with MakerDAO. [Trust Indenture](https://forum.makerdao.com/t/what-is-a-trust-indenture-what-is-an-indenture-trustee/14697) and [Deep Dive on Centrifuge Indenture Trust](https://forum.makerdao.com/t/rescheduled-focus-on-12-centrifuge-indenture-trust-agreement-deep-dive/15262) and [Successful Collaboration](https://forum.makerdao.com/t/centrifuge-update-cornerstone-agreement-complete-to-onboard-rwas-to-maker-with-centrifuge-successful-collaboration-with-incubating-lts/15005)

Most recently, I assisted MakerDAO in the BlockTower $150M financing utilizing Tinlake. [Here](https://forum.makerdao.com/t/blocktower-credit-commercial-and-legal-risk-assessment-part-i/18790) and [Here](https://forum.makerdao.com/t/blocktower-credit-commercial-and-legal-risk-assessment-part-ii/18791)

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### Author: ![akhan](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.centrifuge.io/akhan/32/1609_2.png) [@akhan](https://gov.centrifuge.io/u/akhan)
#### Post date: [February 25, 2023, 4:07pm UTC](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073/40 "2023-02-25T16:07:24Z")

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Awesome to see you on the forums @christiancdpetersen. I enjoyed working with Christian while he was at Maker and can firmly say he played a pivotal role in pushing the RWA efforts in Maker to where they are today.

Will be great to have you as a resource to our ecosystem.

> [@christiancdpetersen](#):
>
> I hope that I can contribute to the Centrifuge DAO in some meaningful fashion.

I imagine it will be a busy year for us in 2023, so should be plenty of opportunities 🕶

[Previous page](https://gov.centrifuge.io/t/rfc-founding-documents-of-the-centrifuge-dao/5073.md?page=1)
