# DAO v1

During its initial phase, the DAO will employ a provisional governance token, distributed manually to token holders based on their holdings. The Aragon DAO tool will facilitate the operations of this phase. It is noteworthy that transferring tokens out of wallets will not incur penalties, and holders will retain their voting rights until the subsequent version of the DAO is launched. DAO tokens will be distributed to holders at the end of each month and are trackable on-chain.&#x20;

Throughout this initial version, the community reserve will be securely locked and accessible solely through proposals. This measure ensures the reserve's integrity while the automation and finalization of version 2 are in progress.


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