RULE 2: GOVERNANCE VOTING

Governance voting is the right of any community member to wield. Do you want some free FROE ($ROE)? Then read how to issue a proposal below. Governance voting is a use-case that targets any changes to $FROE assets in any of the following areas:

#1. A proposal to increase the circulation supply of $FROE asset(voting last 7days).

#2. An update in conversion formula (voting last 7days).

#3. An update in GW codes (voting last 7days).

#4. A use-case proposal by community or team (voting last 30 Days). Each voting can be closed on or before the set day if target is met.

Governance Voting further dictates the scarcity of $FROE asset and below is how a governance proposal & voting works. With a successful voting you get FREE FROE:

🔹 Any community member can issue a proposal for change(s) with their governance voting power. Having at least 1 $ROE means a lot of power to influence governance changes? And you also earn Freely for such power.

🔹 Any proposal made by community or team member must receive community vote of approval to the tune of 200 $ROE sent to the voting address before the proposal in implemented.

CLAUSE #1: A proposal will be disqualified if it does not gather up to 100% vote from the community in 7 Days and proposal fee is not refundable. Each vote means a user will send of 1.0 $ROE to a dedicated voting address published on website page, with a description as follows: “A vote for proposal #001”, where #001 is the number of the proposal and all proposal must have this description to be counted.

CLAUSE #2: $FROE asset supply shall remain 100,000 $ROE and no supply increase proposal will be honored except 90% asset circulation is achieved.

CLAUSE #3: On approval of a successful governance vote, depending on the proposal, a 200 $ROE will be added (from issuer address) to total received votes of 200 $ROE (making 400 $ROE). 10% goes to the team and 90% (360 $ROE) is redistributed to the community (where wallets that voted will receive equal distribution of 80% share (288 $ROE) and non voters with a minimum balance of 0.1 $FROE shares 20% (72 $ROE)). This is followed by a snapshot immediately voting is completed. Also, voting requirements is subject to change as the $FROE community grows, to give more voting power to community.

CLAUSE #4: On failure of a governance vote, all voted tokens will be returned in a bulk transfer in 72 hours to all voters, except the proposal fee (1 $ROE), which is non-refundable.

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