Curator Terms & Conditions
1. Introduction
This T&C governs the role and responsibilities of curators within the Hats Finance ecosystem, a decentralized autonomous organization (DAO) governed by the community. Hats Finance DAO is supported by the Incentive Alignment Foundation, a Cayman Islands Foundation, which manages all legal matters on behalf of the DAO. By becoming a curator, you agree to these conditions and to uphold the integrity of the platform. Failure to comply may result in the termination of your role as a curator and potential legal consequences.
2. Curator Tiers and Responsibilities
Hats Finance curators are divided into three tiers, each with increasing levels of responsibility and rewards:
Tier 1: Growth Seeker 🕵️
Focus: Identifying and engaging potential clients for audit competitions.
Responsibilities:
Create and manage groups with leads on platforms like Telegram or Discord.
Personally organize the first meeting between the Hats Finance team and potential clients. Meetings with potential clients are valid to earn rewards if no meeting has occurred between them and Hats Finance in the last six months.
Participation in client meetings is optional but encouraged.
Rewards:
Earn 10% of the Hats Finance fee from competitions you initiate, contingent upon successful competition completion.
Requirements:
Open to proactive individuals with basic Business Development skills and a talent for networking.
Integrity and good communication skills are also essential in terms of representing Hats Finance.
Tier 2: Growth Genius 🧞
Focus: Begin by covering Tier 1 and ensuring smooth progression of competitions from conception to deployment.
Responsibilities:
Open vaults with clients and ensure the secure deposit of funds.
Guide projects through all pre-competition phases, coordinating with the Hats security team.
Maintain high-quality standards for vaults, audit scopes, and reward structures.
Rewards:
Earn 15% (10% from tier 1 + 5% on tier 2) of the Hats Finance fee from competitions you manage, based on the successful deployment of the competition.
Requirements:
Strong understanding of Business Development and Technology, with the ability to manage complex projects and client relationships.
Integrity and good communication skills are also essential in terms of representing Hats Finance.
Tier 3: Growth Wizard 🧙
Focus: Begin by covering Tier 1 and 2 along with end-to-end management of competitions, including promotion and dispute resolution.
Responsibilities:
Promote the competition to attract participants.
Oversee operations and timelines, ensuring smooth execution.
Resolve any disputes that arise during the competition.
Rewards:
Earn up to 50% (15% on Tier 1 & 2 + up to 35% for Tier 3) of the Hats Finance fee from the competition’s payout, contingent upon successful completion. The reward starts at 15% and increases based on additional responsibilities.
Requirements:
Experience in audit firms or as a solo auditor, with extensive knowledge of the Hats competition model and strong leadership skills.
Integrity and good communication skills are also essential in terms of representing Hats Finance.
3. Eligibility Requirements
To become a curator, you must:
Have proven experience in blockchain or cybersecurity.
Be actively engaged with the Hats Finance platform.
Agree to Hats Finance’s ethical guidelines.
4. Confidentiality
Curators must maintain strict confidentiality regarding all projects under audit. Breaches may result in legal action and immediate removal from the program.
5. Conflict of Interest
Curators must act in the best interest of the Hats Finance ecosystem and disclose any potential conflicts of interest. Any misuse of information for personal or financial gain is strictly prohibited.
6. Disciplinary Actions
Non-compliance with these T&C may lead to:
Suspension or revocation of curator status.
Loss of compensation or rewards.
Legal action, where applicable.
7. Compensation and Fees
Curators will be compensated based on the Hats Finance fee structure and up to 50% according to the tier and responsibilities. Compensation is tied to the successful completion and payout of the competitions they oversee.
8. Amendments to the T&C
Hats Finance reserves the right to amend these T&C. Curators will be notified of significant changes, and continued involvement will imply acceptance of the updated terms. Curators have the right to terminate their role if they do not agree with substantial changes.
9. Legal Compliance
Curators must comply with all relevant laws, including data protection, financial regulations, and cybersecurity laws. Hats Finance operates as a decentralized autonomous organization (DAO) supported by the Incentive Alignment Foundation (Cayman Islands Foundation) to handle legal and jurisdictional matters. All disputes or legal claims relating to Hats Finance are subject to the laws of the Cayman Islands, and the Foundation shall represent Hats Finance in all such matters.
Hats Finance reserves the right to amend these T&C at any time. Curators will be notified of changes, and continued involvement will imply acceptance of the updated terms. Curators have the right to terminate their role if they do not agree with substantial changes.
10. Legal Compliance and Jurisdiction
Curators must comply with all relevant laws, including data protection, financial regulations, and cybersecurity laws. These T&C shall be governed by and construed in accordance with the laws of the Cayman Islands.
11. Termination of Curator Role
Hats Finance reserves the right to terminate your role as a curator with or without cause, effective immediately. Curators may also voluntarily terminate their role by providing 30 days written notice to the Hats Finance governance committee. Upon termination, all confidentiality and non-disclosure obligations remain in effect.
12. Dispute Resolution
Disputes arising under these T&C will be resolved according to the Hats Finance governance processes. You can open one on Hats Discord under the Curator program channel.
13. Independent Contractor Status
Curators are considered independent contractors and not employees of Hats Finance. They are responsible for their own taxes, insurance, and any other legal obligations related to their curator activities.
14. Representation and Warranties
Curators represent and warrant that they have the necessary skills, experience, and qualifications to perform their role effectively and that all information provided to Hats Finance is accurate and complete.
15. Severability
If any provision of these T&C is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
16. Foundation Representation Disclaimer
Hats Finance DAO is supported by the Incentive Alignment Foundation, which acts as the legal representative for all official matters. While the DAO governs the platform through decentralized mechanisms, the Foundation manages all legal, regulatory, and compliance matters on behalf of the DAO. This ensures that all curators, users, and participants adhere to applicable laws while engaging with Hats Finance.
By accepting the role of curator, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.
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