Developers Forum for XinFin XDC Network

Discussion on: DaoFin Draft: Decentralizing XDC’s Ecosystem Development

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Thanks for the comments! The conflict of interest stuff is a challenge. Here's how we're thinking it'll play out: yes, since judiciary members will likely already have investments in various layer 2s on XDC already, prior to joining the committee, they'll have to disclose their financial interests to the founders and recuse themselves from cases in which there's a conflict of interest. It's okay to have prior investments in layer 2s, on this draft, but, once they're on the committee, new investments will be forbidden. It's a bit like being an investment banker, where, if you're working for a big brokerage firm, you're limited in how you personally invest by law. So judiciary members, once they've signed on to the job, should not be making new investments that might create real or even apparent conflicts of interest.