/// Reading the chain
/// The redemption floor
The redemption floor
Any holder can rage-quit at any time for their pro-rata share of the DAO's liquid reserves — no oracle, no vote, no cooldown. It is the one promise the protocol makes on your behalf that no creator, no senate, and no ROHME upgrade can ever revoke.
/// Always on
Rage-quit, whenever you want
Redemption is the exit that never closes. Burn your tokens back to the RedemptionModule and it pays you a proportional slice of the DAO's liquid reserves — the whitelisted assets the treasury actually holds, WETH first among them. Your share is exactly your fraction of the redeemable supply; nothing rounds against you and nothing is discretionary.
The calculation reads balances, not prices. It does not consult GRohmBackingFeed, a TWAP, or any external oracle, so it cannot be frozen by a stale feed, gamed by a price move, or gated behind a governance action. If the reserves are there, the floor pays — in the same block you ask.
/// Fixed by the protocol
The terms you cannot lose
The floor — same for every DAOimmutable · never upgraded
- ✦always on — no window, no cooldown, no vote to open it
- ✦oracle-independent — pays from balances, not from a price feed
- ✦pro-rata — your exact fraction of the redeemable supply
- ✦liquid reserves only — WETH and the whitelisted reserve set
- ✦curve legs are haircut / excluded from the redeemable floor
- ✦lives in the RedemptionModule — an immutable money contract
/// What counts
What the floor pays — and what it excludes
RedeemableLiquid onlywhitelisted reserves the treasury holds
Curve legsExcludedhaircut out of the floor
OracleNoneprice-independent exit path
AvailabilityAlwaysno cooldown, no vote
The two single-sided Uniswap v4 curve legs — the WETH leg and the gROHM leg — are deliberately left out of the redeemable floor. They are real backing (the treasury pages explain how they are valued), but they are productive capital sitting in live pools, not settled cash. Counting them into a rage-quit would let the last redeemer drain the curve out from under everyone else. So the floor is measured against the liquid reserve set alone, and the curve legs are haircut away from it.
That is the honest version of "backed": the number you can always walk away with is smaller than the number the treasury is worth, and the floor is quoted against the smaller one on purpose.
/// The guarantee
Why this is the rug-resistance
The floor outlives everything above itrug-resistant
Everything else about a DAO can change. The senate can vote, the creator can queue a bond, ROHME can roll a logic upgrade to the staking or governance contracts. The redemption floor sits underneath all of it and does not move. Because the RedemptionModule is one of the immutable money contracts, there is no admin key, no upgrade, and no proposal that can pause it, re-price it, or add a fee to it.
That is what makes founding on these rails different from a fair-launch token. If a DAO turns out to be dead, mismanaged, or simply not for you, you are never trapped: you exit to your share of the liquid backing at will. The worst case is bounded, and it is bounded by a contract that nobody — including ROHME — can edit.