WEMIX

Dear community and investors,In order to effectively minimize the impact on the market, WEMIX has implemented a clear circulating supply management, monthly linear vesting plan of WEMIX foundation holdings subject to re-lockup, and transparent disclosure of all WEMIX transfers.In addition to the QUANTITATIVE supply management of WEMIX, the WEMIX Foundation has established the WAIT Protocol for QUALITATIVE assessment of investment for growth of the ecosystem, validation of feasibility, and execution upon approval.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/c575a03761374cdeb53588137891ea3b.png" />WAIT Protocol will be executed in the following order,<ul><li>investment proposition by the Foundation and investment team regarding the withdrawal of WEMIX for investment purposes,</li><li>evaluation by the three-member Investment Committee based on a majority(two of three), and</li><li>enforcement through the majority approval by WAIT governance of NCP, 40 WONDERS who contribute towards the growth and development of WEMIX</li></ul>WAIT implementation will encompass,<ul><li>Evaluation of the investment on the WEMIX ecosystem will be discussed and evaluated through the following stages: investment proposition → investment review→ governance approval. If approval is not obtained during the final stages, the investment will be suspended or subject to resubmission upon modification.</li><li>Use of WEMIX for investment and partnerships among the WEMIX distribution specified in the WEMIX White Paper will be subject to governance.</li><li>Expenditures related to the Foundation and the WEMIX ecosystem, such as marketing and migration, will be transparently disclosed via announcements to our community/investors.</li><li>The Investment Committee will consist of three people, including the CEO of WEMADE and two outside personnel with an objective perspective of the WEMIX community.</li><li>The WAIT governance program will be established separate from the existing 40 WONDERS governance network , and will be approved upon a majority vote excluding the Foundation. For example, as of the date of publication, an investment will be carried out with the approval of 8 WONDERS out of the current 15 WONDERS excluding the Foundation.</li><li>WAIT governance will be held for three days(72h), and will be subject to early termination once reaching the magic number.</li><li>The community-based WONDER DAO can, of course, participate in governance.</li><li>Proposals and voting results of each WAIT governance will be announced on the 40 WONDERS website.</li><li>To carry out a careful and secure investment, the transaction will not be processed via smart contract, but will proceed after a test transfer of WEMIX from the WEMIX Foundation.</li></ul>The WAIT Protocol of WEMIX will allow execution of objective and beneficial investments through decentralized decision-making, and will be implemented after all preparations have been made.We would like to express our gratitude towards all our community and investors for their unwavering support and encouragement under any circumstances, which has led WEMIX to come this far.The WEMIX Foundation will continue to build the world’s largest blockchain ecosystem by pursuing both quantitative and qualitative transparency of WEMIX.WEMIX makes transparent investment decisions, every second of the wait will be worth it for our investment partners.Wait, WEMIX Approves Investment Transparently.Thank you.Appendix: Examples of WAIT Governance Evaluation Criteria<ul><li>Will the investment contribute towards the expansion and growth of the WEMIX ecosystem?</li><li>Will the investment contribute to the TVL growth of the WEMIX ecosystem?</li><li>Will the investment help with the technological innovation of the WEMIX ecosystem?</li><li>Will the investment increase the number of wallet users of WEMIX3.0 (including sidechain)?</li><li>Will the investment increase the number of transactions in WEMIX3.0 (including sidechain)?</li><li>Will the investment increase the value of WEMIX?</li><li>Will the investment improve the brand of WEMIX as a whole?</li><li>Will the investment benefit the WEMIX community and investors?</li></ul>WEMIX Medium Announcement: <a href="https://medium.com/wemix-communication/wait-wemix-approves-investment-transparently-by-40-wonders-1f99c0b04b71" rel="noopener noreferrer nofollow">https://medium.com/wemix-communication/wait-wemix-approves-investment-transparently-by-40-wonders-1f99c0b04b71</a>WEMIX Communication Channels: <a href="https://twitter.com/WemixNetwork" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">Medium</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.facebook.com/WEMIXBlockchain/" rel="noopener noreferrer nofollow">Facebook</a> | <a href="https://www.reddit.com/user/WemixNetwork/" rel="noopener noreferrer nofollow">Reddit</a>

WAIT, Wemix Approves Investment Transparently by 40 WONDERS

WEMIX

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