Should we implement the XIO Index Fund?

View full proposal + Citizen feedback: https://social.xio.network/t/xip-should-we-create-a-deflationary-xio-index-fund-xiofeedback/772

Proposal

When we create a project and launch it through the token studio ($AQUA, $CLOVER, etc), we redirect a proportion of the tokens to a deflationary XIO Index Fund (smart contract)

The only way to get these tokens ($AQUA, $CLOVER, etc) out of the Index Fund is to burn your XIO.

For example: Imagine the year is 2022. We have launched 7 projects. The XIO Index Fund now has 7 different tokens in it. The value of all the tokens in the Index Fund has reached a collective valuation of $125M.

If you own 0.5% of the supply of $XIO, you can burn them and withdraw 0.5% of the entire fund. If you owned 0.001% of the supply of $XIO, you can burn them and withdraw 0.001% of the entire fund.

Implications

Currently, $XIO derives its value based on future potential of future projects. Once a token has been distributed, there may be less reason to continuously support the project.

The XIO Index Fund creates a system where if a project we create succeeds, the $XIO token is still generating value from that project many years in the future.

In short, the Index Fund gives $XIO value not just for future potential, but based on success of previous projects.