1. Background
(1) BytomDAO has completed the 3.0 upgrade and gradually entered the process of DAO autonomy, but some addresses have yet to timely exchange for the new tokens.
(2) The management of this special fund incurs continuous manpower and resource costs.
(3) Considering the liquidity of unredeemed tokens, which are currently temporarily supervised by the interim council, there are inevitable risks of human error and moral hazard.
2. Fee Rates
(1) For addresses with balances of less than 100,000 BTM, a weekly fee of 5% will be charged.
(2) For addresses with balances exceeding 100,000 BTM, a weekly fee of 10% will be charged.
(3) Non-BTM assets will be uniformly charged at a rate of 10% per week.
Note: The minimum redemption balance for each address is 5,000 BTM.
3. Execution Time and Implementation Details
(1) If this proposal is passed, the management fee will be charged starting from 0:00 UTC the next day.
(2) Management fees will be deducted every Monday at 0:00 UTC.
(3) All collected management fees will be donated to the treasury by the interim council the following month.