Large Case Payout Allocations

This is a proposal for the allocation of funds from the large case that Wolf Works recently purchased 19% additional ownership of (See snapshot 34,478,379) resulting in a 20% ownership of said case.

Allocations Proposal:

We propose that 19% of the total 20% in the case gets paid directly to holders with .7% being used for $WLD buybacks and .3% going to the treasury to pursue additional prospects for Wolf Works.

Example:

If the case payout brought Wolf Works $200m USD; $190m would be pre-allocated to distributing to $WLD holders. $7m would be pre-allocated to buying $WLD. $3m would be kept in the DAO treasury as additional funds.

Priority proposal:

In addition to this, we propose to make it the official position of the Wolf Works DAO that prioritizing the acquisition of funds from the case to pay holders the allocated 19% should be the primary focus.

• This means that any assets seized as payment for Wolf Works’ portion of the case by default will be liquidated and distributed (examples: real estate, equity ownerships, equipment, etc.) unless otherwise voted on by Wolf Works governance token holders as an asset to be kept.

Summary:

Essentially, we’re proposing the DAO to use the 1% that we were initially going to divide amongst ourselves to re-invest into the project and use the newly acquired 19% to divide amongst ourselves instead. Using the estimations above, the Wolf Works DAO would be allocating $7 million to buybacks of $WLD which will be kept in the treasury, $3 million directly to the Wolf Works treasury, and $190 million would be going directly to $WLD token holders, honoring the per token estimations investors have been prospected with and making it a primary focus of Wolf Works DAO.

(The numbers used in these scenarios are for example purposes and do not reflect the official quantum to be collected of the $1b+ case)