WLTH Token Governance Vote

This governance proposal outlines a strategic evolution for WLTH, shifting from a speculative, token-centric model to a durable, real-ownership structure. The goal is to align the WLTH token with the success of the operating business (TopCo) and reward long-term conviction through a new "Permanent Staking" mechanism.

1. The Strategic Shift WLTH is transitioning to a "Real-Ownership" model where value is driven by business revenue and products rather than token emissions. From: A structure dependent on incentives and speculative narratives. To: Durable financial infrastructure with clear economic alignment. Key Driver: Durable platforms must function as real businesses where sustainable value comes from revenue and compounding exposure.

2. New Value Architecture The ecosystem will be bifurcated into two distinct layers to simplify value capture: WLTH TopCo (The Business): Owns all IP, products, and revenue (marketplace fees, investment carry). It is designed to be clean and investable for future fundraising or M&A. WLTH Core (The Exposure Engine): A layer that accumulates and reinvests exposure from business activities. It consolidates the existing WLTH Fund to act as a long-term compounding engine.

3. The New Token Model The WLTH token is moving away from short-term utility toward a role of Access and Alignment. What is being removed: Short-term staking yields, emissions-based incentives, and complex reward loops. What remains: The token remains liquid, transferable, and global; holding without staking is still a valid strategy.

4. Permanent Staking (Optional) This proposal introduces a voluntary, irreversible path for holders to align with long-term business success. Mechanism: Permanently staked tokens and Genesis NFTs are removed from circulation. Reward: Participants receive economic exposure to WLTH TopCo via WLTH Core, including participation in potential distributions and exits. Allocation: Up to 50% of WLTH TopCo’s economic equity is reserved for this pool. Time-Weighting: Earlier participants receive more favorable terms via a multiplier system. This is split upfront into three siloed pools:

Note: *If a phase is not complete, WLTH Corp allocation would move on to the next phase. At Phase 3 it would move to the treasury. **If a phase reaches the pool cap, we would then move on to the next phase before the window ends. Phase 3 could close in the future but will be communicated.

5. Transition & Protections Automatic Unstaking: All current stakes will be automatically unstaked with zero fees due to the protocol upgrade. Carry Fee Discounts: Discounts earned through previous staking remain valid until the voting deadline. Optionality: There is no forced conversion; staying liquid is a valid choice. Treasury Alignment: The WLTH treasury (the largest holder) does not sell into the market, reinforcing its commitment to this shift.

The proposal is currently being debated for over a month, Join the Discord Discussion. If you missed the live AMA on February 2nd, the recording is available on the above link under pinned messages.

The Choice Before the Community The community is asked to vote on the transition from a model dependent on emissions and incentives to a "Real-Ownership" model where value is driven by the operating business.

Voting Options:

YES Approve the transition to the new value flow, the creation of WLTH Core, and the implementation of the Permanent Staking mechanism.

NO Maintain the current token-centric structure, including existing staking yields and emissions-based incentives.