Quote from: CryptoCoinWareHouse on May 13, 2016, 01:09:23 PM

Quote from: BitLoans on May 02, 2016, 08:30:42 PM

Quote from: sandiman on May 02, 2016, 04:15:15 PM

there is something I still don't get if someone could help me.

Once we have bought DAO, will we get rewards from all project that has been approved and are generating income that they are not willing to reinvest totally, or I am missing a step there?

We get a percentage of the fees collected. But we must first vote to release the collected fees, or keep them in a fund for reinvestment.

The issue is if you own DAO in your ETH wallet and do not vote , does the DAO get transferred back into ETH or stay as DAO TILL you want to vote or just keep it till the DAO price goes up another words are you FORCeD to vote i.e.: yes or no , because I'm reading that if it's a NO the DAO gets changed back into ETH , or does it just stay connected as DAO to the ETH address you bought it with , what I'd I wanted to keep buying DAO and just keep it with out voting and in 2 years it will be worth more

If you vote no, but the vote passes, you are still part of the DAO and will go along with the passed proposal.

The only way you revert back to ETH is if you decide to 'split' from the DAO. If you decide not to vote, you will go along with the DAO whatever proposals they decide to pass.

BitLoans

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