> For the complete documentation index, see [llms.txt](https://docs.takadao.io/takadao-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos.md).

# PART B. TAKADAO: THE DAOs

- [03 - Takadao Technology](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology.md)
- [The Takadao technology stack](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/the-takadao-technology-stack.md)
- [tDAOs’ user journey](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey.md)
- [Risk assessment and KYC](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/risk-assessment-and-kyc.md)
- [Contribution](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/contribution.md)
- [Membership Credits](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/membership-credits.md)
- [Get a Payout](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/get-a-payout.md)
- [Redistribution of Surplus](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/redistribution-of-surplus.md)
- [Participate in Governance](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/03-takadao-technology/tdaos-user-journey/participate-in-governance.md)
- [04 - Underwriting & Risk Management Algorithm](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm.md)
- [Introducing Dynamic Underwriting](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/introducing-dynamic-underwriting.md)
- [Absence of capital providers](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/introducing-dynamic-underwriting/absence-of-capital-providers.md)
- [Fluctuating reinsurance protection](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/introducing-dynamic-underwriting/fluctuating-reinsurance-protection.md)
- [Using data in real time](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/introducing-dynamic-underwriting/using-data-in-real-time.md)
- [Takadao dynamic underwriting: A closer look](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/takadao-dynamic-underwriting-a-closer-look.md)
- [Risk and the Benefit Multiplier (BM)](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/risk-and-the-benefit-multiplier-bm.md)
- [Individual risk and the Base Benefit Multiplier (B.BM)](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/risk-and-the-benefit-multiplier-bm/individual-risk-and-the-base-benefit-multiplier-b.bm.md)
- [Portfolio risk and the Benefit Multiplier Adjuster (BM.A)](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/risk-and-the-benefit-multiplier-bm/portfolio-risk-and-the-benefit-multiplier-adjuster-bm.a.md)
- [Dynamic Underwriting Reserves](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/dynamic-underwriting-reserves.md)
- [Calculating the Benefit Multiplier Adjuster (BM.A)](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/dynamic-underwriting-reserves/calculating-the-benefit-multiplier-adjuster-bm.a.md)
- [The Dynamic Reserve Ratio](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/dynamic-underwriting-reserves/the-dynamic-reserve-ratio.md)
- [How underwriting surpluses are calculated](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/04-underwriting-and-risk-management-algorithm/dynamic-underwriting-reserves/how-underwriting-surpluses-are-calculated.md)
- [05 - tDAOs’ Tokens aka Membership Credits](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits.md)
- [Membership Credits](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/membership-credits.md)
- [Make a contribution, receive Membership Credits, become a member](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/make-a-contribution-receive-membership-credits-become-a-member.md)
- [Membership agreement](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/membership-agreement.md)
- [Redeem/burn Credits, exit the DAO](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/redeem-burn-credits-exit-the-dao.md)
- [Credits determine insurance benefit](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/credits-determine-insurance-benefit.md)
- [Discontinuing membership before contract maturity](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/05-tdaos-tokens-aka-membership-credits/discontinuing-membership-before-contract-maturity.md)
- [06 - Benefits Payout Protocol](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol.md)
- [Decentralized Benefit Payout Management (DBPM) - A multistage process](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process.md)
- [Stage One - Document Review](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-one-document-review.md)
- [Pre-verification](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-one-document-review/pre-verification.md)
- [Manual Verification](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-one-document-review/manual-verification.md)
- [Stage One Results](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-one-document-review/stage-one-results.md)
- [Stage Two - IRL Verification](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-two-irl-verification.md)
- [Stage Two Results](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-two-irl-verification/stage-two-results.md)
- [Stage Three - Professional Review](https://docs.takadao.io/takadao-docs/part-b.-takadao-the-daos/06-benefits-payout-protocol/decentralized-benefit-payout-management-dbpm-a-multistage-process/stage-three-professional-review.md)