Voting Rights

How are voting rights determined?

Voting rights will be based on √ the total number of warrant tokens that each Member holds for any relevant vote posed to Members.

How do Members vote?

Members will be prompted to vote via UIG DApp (or other online services) at various points during the lifecycle of UIG, including to evaluate investment decisions, weigh-in on the structure, and form of UIG, and/or other strategic decisions related to UIG.

Voting will be facilitated by blockchain-based smart contracts and via the DApp based on ownership records maintained on the Story Protocol.

Can a Member transfer its voting rights for purposes of making purchase decisions?

Members are not required to vote on all matters. At any point in time, a Member can transfer or "delegate" the member's right to vote on purchase decisions by designating via the DApp a USDC address to which such right is delegated. Decisions to delegate any voting rights are entirely up to each Member.

Does delegating rights to vote on purchase decisions impact a Member's right to proceeds?

No, it does not.

Can a Member cancel and/or re-delegate their voting rights?

A Member can cancel and/or re-delegate its voting rights through the DApp at any time.