$WLTH Fund Governance Proposal

Given the current challenging market conditions and the successful stress testing of the $WLTH Fund, we propose a short-term adjustment that we believe is essential to ensure the fund's continued operation while mitigating sell pressure on the $WLTH token.

Current Process:

The $WLTH Fund Treasury is held in $WLTH tokens. When a proposal is approved, 15.5 ETH worth of $WLTH tokens are released. Out of this, 2.5 ETH worth of $WLTH tokens are burned, and 13 ETH worth of $WLTH tokens are sold to execute the approved proposal.

Proposed Options:

** • Option 1- Change:** Accumulate $WLTH Fund proposal payouts until we have at least 13 ETH worth of $WLTH tokens (equivalent to one proposal) ready to deploy. Once this threshold is met, return to the normal process, where profits are used to buy back $WLTH tokens, with 50% burned and 50% distributed among stakers. ** • Option 2- Remain:** Maintain the current process without any changes.

Voting Details

Vote opens 12pm UTC 23/01/2025 and will end on 12pm UTC 26/01/2025. Once you have clicked and made your decision, votes are final and cannot be retracted/changed. Note: Please vote using your **primary **wallet. This will account for all wallets linked to your Common Wealth account.

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