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SPRING BTS Fund Management Rules and Spring One Purchasing Instructions

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ripplexiaoshan:



Q1 report:


Assets in account
BTS 92,215,801
bitCNY -12,353,484
bitUSD -1,619,888USD

Related accounts:
spring-team spring-trader spring-operator spring-finance

Besides, as BTS share holders, SPRING received a few sharedrops such as whaleshares BEOS, etc.. these tokens belong to SPRING holders. However, as these tokens have low liquidity, their value is not counted for now.

FUND net value:
The net value of the first three months is 0.893, 0.939, 0.839.

The plan of SPRING:
The best action in bear market is no action. However, we think the price of BTS is very close to the bottom, and we will continue to persuade people to join SPRING FUND to buy more BTS. Also, we are considering to support the development of third party APPs on bitshares, such as chess and cards games.

armin:
yo bitcrab will BSIP42 be implemented on all committee bitassets?

bitcrab:
updated witnesses voting, supported witnesses that take positive actions on implementing BSIP42 on bitUSD.

binggo:

--- Quote from: bitcrab on September 22, 2018, 09:42:32 pm ---wether the fund can vote is an internal problem among the fund holders.


--- End quote ---

If the fund wants to vote a public BSIP, it will not be an internal problem among the fund holders,.

the holders give the right of use to the foud, but not the voting right and the ownership to the foud, if the foud wants
these rights all，the foud need to public all the transfer agreement and the article of this foud.

Open and fair is the basic requirement.

Please give the details.

Thul3:

--- Quote ---if there's consensus among the fund holders, why can't the fund vote?
--- End quote ---

Consensus of all fund owners ?I highly doubt it.
You are using funds from people who are invested in spring fund but don't agree on BSIP42.

I know personly at least 1 fund holder who is against it

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