The creator of the club who sets the rules in terms of governance model, quorum and thresholds, investment strategy and the distribution of funds after withdrawal. The founder can invite and accept new members and assign roles to them.
Proposals: The founder can create new trading/discussion/withdrawal proposals, execute the proposals accepted by the club, and cancel all the proposals (veto).
Club participants that join existing clubs primarily with their capital as a core contribution. They can vote (when required) and execute proposals that are accepted by the club.