Equity member
An equity member is a member of a syndicate who holds one or more shares in the syndicate’s asset(s). Shares are how Syndik8 expresses ownership; there is no owner role.
Holding shares is not quite the whole of it. To count as an equity member for a cash call or a vote, a membership needs shares, an active status, and an account behind it — so an invitation nobody has accepted yet does not count, and neither does somebody who has left, whose shares go to zero when they go.
A non-equity member is a member with shares = 0. They are still a full member of the syndicate; they book, log usage, and see the calendar, but they have no ownership stake. Ownership-weighted calculations skip them: cash calls and votes are both equity-only.
What equity status changes
Section titled “What equity status changes”- Cash calls. Cash calls are billed to equity members proportional to shares. Non-equity members are not charged.
- Voting. Only equity members can cast a ballot. Votes use a majority-of-active-equity-shares threshold, so non-equity members carry no weight either way.
What equity status does not change
Section titled “What equity status does not change”- Maintenance costs. Flying the aircraft to the engineer is met through the monthlies, the same way hangarage and insurance are, so finalising a maintenance booking costs nobody anything — equity member or not. There is no maintenance cost left for equity status to divide.
- Role. An equity member can be any role: admin, member, or viewer. A non-equity member can also be any role. See Roles, equity, and member rates.
- Billing scheme. An equity member can be on any billing scheme the syndicate has configured: Standard, Founder, Renter, Instructor, etc. Likewise, a non-equity member can be on any scheme. The scheme controls what the member pays this month; equity status controls what they own.
- Role-based capabilities. Equity status doesn’t change your role-based capabilities: what you can do in the app is set by your role (admin, member, or viewer), captured in the role capability matrix, and holding shares neither adds nor removes any of those permissions. Equity does separately grant one thing outside that matrix: a say in share-weighted votes, as described under Voting above.
“Equity member” vs “renter”
Section titled ““Equity member” vs “renter””Watch the language: “renter” is a billing-scheme label (see renter), not a synonym for “non-equity member”. A member with shares = 0 is a non-equity member regardless of which scheme they’re on. The two often line up, but they’re independent.