⚙️2. Internal Operations

Dividend Program:

• Confidential (To Be Released)

Yearly Rebalancing:

• Yearly Rebalancing is an automated feature that is meant to ensure a turnover rate, as well as, to capitalize on gains and losses.

• During the rebalancing period, (one week) proposals will be temporarily blocked, and all fund holdings will be liquidated into Ethereum.

• The fund will rebalance its holdings to the ratio outlined in its methodology, 20% strategic reserve, and 80% investing pool.

• After these operations are completed, the proposals will be unblocked and normal operations may continue.

  • The rebalancing occurs on the first day of February of every calendar year.

Doomsday Clause:

The following proposition is the last resort safeguard to ensure fund liquidity at all times, and will only be triggered once the treasury & investing pool combined no longer have any liquidity* (*Fund liquidity refers to having any uninvested eth above 0.065)

• When the fund is no longer liquid, the doomsday clause will trigger an automatic end to all proposal creation and voting operations for the duration of 24 hours.

• Following the suspension of voting, execution, and proposals, the fund will automatically liquidate all holdings in the investing pool and rebalance the fund according to its 20-80 reserve to investing pool ratio methodology.

• The sale of all holdings may generate dividends to holders if any gains are realized. These dividends will be deposited into the treasury for later issuance and will not be included in the 20-80 reserve to investing pool ratio.

• The nature of this clause is quite radical, yet its central aim is to ensure liquidity in the fund is always present and holders are always able to liquidate their NFT’s share of the D.A.M.F.