# ILIS DAO

As previously stated: the ILIS DAO is a non-profit DAO, incorporated in the Marshall Islands as *I Like It Stable DAO LLC,* with as its purpose, taken directly from its [Operating Agreement](https://docs.ilikeitstable.com/ilis-dao/official-documents):

> *build, manage, and support open-source software in the field of digital stable assets for the Radix DLT, with the goal of fostering transparent, fair, and accountable systems that promote community-driven initiatives and societal benefits, without the aim of profit generation.*

Decisions made by the ILIS DAO, whether it be about internal affairs or the governing of protocols, are made and executed on-chain as much as possible. These proposals are voted on by members of the ILIS DAO, using[ ILIS](https://docs.ilikeitstable.com/miscellaneous/tokens/ilis-dao/ilis) tokens. The governance token of the DAO that represents membership.