Conversion Guideline

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This guideline explains how DAO members can handle USDT funding and, when necessary, convert it into local fiat currency.

1. General Principle

DAO funding is provided in USDT via MetaMask wallets.
Each DAO member is expected to manage their own USDT conversion into local fiat, in line with local regulations and personal preferences.
Kambria does not provide financial services or conversion on behalf of members.

2. Compliance with Local Laws

Each DAO member must ensure that any conversion or use of USDT complies with the laws and regulations in their own country.
Regulations vary widely. For example:
- Some countries allow crypto-to-fiat exchange through licensed exchanges.
- Others restrict or prohibit stablecoins or unlicensed exchanges.
Members should always check local rules before proceeding.

3. Safe Practice Guidelines

When converting USDT into fiat:

✅ Prefer regulated or licensed exchanges in your jurisdiction (e.g., Coinbase, Binance, Kraken, OKX, etc., where legally permitted).

✅ Enable two-factor authentication (2FA) on all exchange accounts.

✅ Avoid informal peer-to-peer (P2P) transactions unless you fully trust the counterparty.

✅ Start with small test transactions before handling larger amounts.

❌ Do not share your private keys or wallet seed phrase with anyone.

❌ Do not use suspicious services that promise unusually low fees or high returns.

4. Community Knowledge Sharing

DAO members are encouraged to share their experience with conversion in their local context (e.g., trusted exchanges, best practices).
DAO Facilitators can help collect and share this knowledge, but decisions remain with individual members.

5. Kambria’s Role

Kambria International provides this guideline for educational purposes only.
Kambria does not guarantee the safety or legality of any specific conversion method.
DAO members remain accountable for ensuring their actions and conversion methods comply with local laws and safe practices.

6. Disclaimer

This guideline is not financial, legal, or tax advice.

By participating in DEP, you acknowledge that you are responsible for your own compliance with local regulations and for managing your own funds securely.