Ink Finance White Paper (v2.0)
  • Ink Finance White Paper (v2.0)
  • Background
    • The Inadequate DeFi Lending Regime
  • Ink Finance Overview
    • An On-demand SaaS for Credit-based DeFi
    • Key Objectives and Features
      • Scalability of On-chain Execution
      • Convenience of Plug-and-Play
      • Hierarchical Economy
      • Integrity Assurance
      • Comprehensive Fiscal & Financial Tooling
      • Bespoke Financial Products
      • Compliance to Regulation
  • INK Modules And Use Cases
    • INK Modules Overview
    • INK Products Module
      • Unified Custodian Vault
      • InkEnvelope
      • Product Representing Ownership of Equity
      • Lending Product with Option-like Risk Control
      • Asset Management Products
        • Example - A Crypto ETF
        • Example - A Private Fund
    • INK Governance Module
      • Hierarchical DAO Construction
        • Administrative and Financial Control
        • DAO Tokens and Badges
        • The INK Staking Engine
      • Voting Power
      • Execution of Resolutions
        • Executing Off-chain Resolutions
        • Executing On-chain Resolutions
      • “Plug-and-Play” Committee Configuration
        • “Pluggable” Committees and Use Cases
        • Integrity of Managers
      • Intra-Committee Operations
    • INK Multichain Module
  • INK Integration Module
  • Business Model & Tokenomics
    • QUILL Utilities and Value Proposition
      • Governance Capital for DAOs
      • Fee Capture Utility
      • Public Incubation Capital
    • Allocation and Vesting
    • INK Economy Rules
      • QUILL Emission Pool
      • The INK Treasury
  • about
    • Core Team
    • Follow Ink Finance
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  1. Ink Finance Overview
  2. Key Objectives and Features

Convenience of Plug-and-Play

Allowing DAOs to pick the operational units, out-of-the-box, that are best suited to their dynamic growth and evolution.

One can be sure that most DAOs today are at a fairly early stage, and this form of organization will be in a process of continuous practical evolution in the foreseeable future. It is very difficult for any organization to imagine that a set of fixed operating rules can be formulated in advance that can ensure long-term effectiveness as they continuously pivot and adapt.

Ink Finance is positioned as a platform to support sustainable evolution and growth, striving to be both comprehensive and convenient. Being comprehensive requires that the platform offer “all the necessaries”, while being convenient requires being non-burdensome to the users. As such, the base architecture is designed for users to easily pick the operational parts that are only relevant to them, delivered by a no-code user interface.

Covering infinitely possible configurations is neither practical nor reasonable, but for the four top-level “pluggable” management components on Ink Finance, they are made to be sufficiently self-contained and completely out-of-the-box as needed.

Specifically, the four top-level “pluggable” operational units are the Treasury Committee, Community Board, Investment Committee, and Funding Committee. Each one of them contains well-defined management roles and the operating procedures governing their workflows, and each one of them has its own critical resource to manage. A DAO can opt to use none of them or all of them, depending on its mission and the stage it is at.

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Last updated 2 years ago