Governance & Dissolution
$LSTR token will also be used for governance decisions. The top 25 Holders will be invited to a private group where decisions will be made to broaden our scope of treasury assets, along with strategic buying and selling of these tokens. (Note - At least 90% of the Revenue will be committed to buying $LIGHT unless trading sub 1 NAV, and these $LIGHT tokens will NEVER BE SOLD) .Community members are encouraged to share their ideas as well on potential assets to add to the Reserve. Treasury Dissolution Voting Mechanism $LSTR holders have the power to vote on the potential dissolution of the treasury. If significant community demand arises, a dedicated web application will be launched to facilitate a transparent voting process. Each holder will receive a fixed number of votes proportional to their $LSTR holdings. Should a majority vote in favor of dissolution, treasury assets will be distributed pro-rata based on individual holdings. A secure web app will enable users to burn their $LSTR tokens in exchange for their fair share of the treasury’s assets, ensuring an equitable and streamlined process.
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