The Council of MJ-12

The Emergency DAO to Save Us All (Only when it Must)

A riveting callback to the equally named governmental insider committee of the Majestic 12 bestowed with the highest top secret security clearance possible and tasked to examine the UFO sightings, including the analysis and interaction of the extraterrestrial space programs here on earth. As the name suggests, it will consist of 12 appointed members of the community and serves as an emergency intervention system, as the name already suggests.

The Council, when activated, shall act when there is danger of loss of funds or other imminent threats to the protocol and the residing value within. It is able to call the implemented ‘kill_switch’ function across all Exofi Fusion Reactors to disable any and all functionality temporarily. The Fusion Reactors can be reinstated, once decisions and/or measures have been taken by the MJ-12 or by the Exofi DAO itself, as an override authority.

The MJ-12 Council itself is controlled and governed by the DAO which has full governing authority over the composition of its members, enabling it to instill as well as discharge members of the MJ-12. The Council itself executes decisions according to simple hard coded parameters, with those encompassing a general 51% quorum majority to be able to take action and a 66.999% majority support requirement to enact those decisions.

​Whenever the council would not be needed anymore, the Exofi DAO holds the power to revert control back to itself at all times. It is and will be a critical tool to weather any storms in the future.