LIFT Path Forward

Option 1: Forward without changes to the protocol: IdeaFund will continue to sell LIFT as it is received as from tax.
IdeaFund will buy peg up to 90% once a week. IdeaFund will continue to invest in projects and pursue the core mission. IdeaFund will begin redemption of CTRL on 8/1/2021.

Option 2: Redemption\Carry Forward Option: IdeaFund will redeem outstanding tokens at the following values in the form of CTRL for the protocol v2 or for wbtc/eth from the IdeaFund.

wBTC/LFBTC LFBTC $16,200.00 wETH/LFETH LFETH $1,069.50 lfBTC/LIFT LFBTC $8,100.00 lfBTC/LIFT LIFT $3.00 Boardroom LIFT $5.00 Boardroom CTRL $4,200.00 Founders CTRL $0 IdeaFund CTRL $0 Private Wallets LFBTC $16,200.00 Private Wallets LFETH $1,069.50 Private Wallets LIFT $0 Private Wallets CTRL $4,200.00

Founders CTRL will not have value for redemption in this model, but will carry the same $4,200 value as carry forward in new DAO value.

Option 3: We don't have the right options yet, keep the discussion open and come up with additional options.