Stakers Fund

The Stakers Fund - a community fund for rewarding the active community.

The Stakers Fund is funded from secondary sales and transaction fees on the platform, not by investors. This is WLTH’s way of sharing the wealth with our community, the circular economy in action. This setup ensures a continuous inflow of resources that can be allocated to various community initiatives.

The fund is governed by the community. Each month a snapshot is taken of the TOP 50 stakers from the community leaderboard, and these community members put forward projects for potential investment in a closed forum in the app. Successful proposals are then put forward for voting by the wider community of active stakers. This approach exemplifies the decentralised nature of the platform, where community engagement and participation directly influence financial and operational decisions.

Proposal and Investment Process

• Initially this process will be monthly.

• Proposals can be put forward by the top 50 stakers. All active stakers can then vote on which projects get funded.

• If proposal is approved, 15.5 ETH worth of $WLTH tokens will be released from the Stakers Fund treasury

  • 13 ETH worth of $WLTH will be sent to the proposed project under SAFT agreement

  • 2.5 ETH worth of $WLTH will be burned by sending tokens to an unspendable address

• Proposals can be put forward / approved without limit, but will only be able to paid out when the WLTH vault has been replenished to 15.5 ETH worth of $WLTH

• Once a projects vesting terms begin, the project returns native tokens to the fund which will then convert them into $WLTH

  • 50% of any profit will be sent to an unspendable address (burned)

  • and 50% of any profit will be dispersed to all active community stakers

  • Any fund payouts will be proportionate to quantity of $WLTH staked.

This is seen as an iterative process that is owned by the WLTH Community ensuring the Stakers Fund represents the very best of All Street’s investment spirit and will be subject to review.

Note: A governance vote was passed to temporarily amend the model, ensuring its sustainability during the adverse market conditions of January 2025. Further details on this vote can be viewed here.

Constraints

Whilst the Stakers Fund is designed to allow the All Street Community to invest in whatever it deems viable, innovative and potentially profitable - the following must be taken into consideration by the community before any investment is finalised.

This policy excludes investments in industries that raise significant ethical concerns due to their negative impacts on people, animals, and the environment. They are inherently not All Street in nature!

Exclusions:

• Weapons Industry: Companies that manufacture, distribute, or sell firearms, ammunition, and explosives.

• Tobacco Industry: Companies that produce or distribute tobacco products.

• Fossil Fuel Industry: Companies that extract, refine, or distribute fossil fuels (coal, oil, natural gas).

• Fur Trade: Companies involved in the breeding, trapping, or sale of fur.

AML Compliance:

• In accordance with the Common Wealth protocol’s AML policy, the Stakers Fund should verify the identity and source of funds for all portfolio investments to ensure they are not in breach of global AML standards. One implication if this is that the Stakers Fund can not invest in any project where the core team is not 100% doxxed.