The Onchain Board of Directors: Governing Capital Without Meetings

A corporation has a board of directors to set strategy and oversee management. Your personal capital deserves no less, yet you are the entire board, management, and staff. Onchain finance enables the creation of a formal, automated board of directors for your wealth, a set of rules and delegated authorities that govern your capital 24/7.

The broken model is unstructured personal control. Investment decisions are ad hoc, emotional, and inconsistent. There is no separation of duties, no formal governance, and no process. This leads to suboptimal outcomes and preventable risks.

The future allows you to codify your investment committee. You can appoint different “directors” in the form of smart contracts or delegated strategists. A “Risk Director” contract could veto overly concentrated positions. A “Growth Director” vault could be allocated a portion of capital to deploy aggressively. A “Safety Director” could hold a non correlated asset reserve. These directors operate autonomously based on the charter you establish.

Concrete’s protocol is a blueprint for this micro governance. Depositing into a Concrete vault is akin to appointing a specialist director (the Strategist) to manage a portion of your capital, within the strict bylaws set by the Governors (which could be you or a community). The protocol enforces the rules of engagement between these roles. You can assemble a diversified “board” by allocating across different vaults, each with its own mandate and expertise. This brings institutional grade governance structure to individual wealth. Convene your board at https://concrete.xyz/