Punketta

Voting is now live for enrolled seats, but don't rush 🪑 Here is a quick crash course on what you need to know: - Everyone with an enrolled seat has 1 full week to vote, ONCE. You cannot change your vote once submitted. - For each seat enrolled, you can adjust the WETH band of your fund to swap into 20 other preset tokens (Stocks and ERC20s). You can vote differently for each seat, or vote the same for all. - By default, the funds are set to distribute 0% profit and burn 0% of their incoming fee stream each week. You can vote to adjust these percentages on your ballot. - Other than $TMF and WETH, no asset can make up more than 25% of your fund's NAV. - If an asset has low WETH liquidity in its V3 pool, the fund will buy as much as it safely can without moving the price of that token beyond a certain safety parameter. This applies to what the fund buys AND sells. - Your fund cannot sell/buy any of its $TMF, but it will continue to accrue and contribute to your NAV, being included in any Friday profit distribution. - At the end of the week, votes are tallied and aggregated, and the funds make their buys/sells towards the intended targets. - Board members will be able to table motions for NEW tokens to be added to the registry, starting Friday the 6th of November. More info on this system soon. As always, if you have questions, just swing by The Lounge on themutual.fun site, and open a ticket or ask the community! - The Office