🔧Adjusting and Transferring Equity

The Transfer Equity Proposal is a powerful catch-all Proposal for Admins to handle edge cases that can occur for more mature Groups.

Use Cases for Transfer Equity Proposal

• Wallet Compromised: If a Member's wallet is compromised, Admins can transfer ownership to a new wallet. Members whose wallets are compromised can share their new wallet with Admins. Admins can then add a new Member to the Group using the Add Member Proposal and then Transfer Equity to the new Member.

• Trading Equity Stakes: Members may want to trade their Equity Stake with a new Member. They can do this privately off of the Lore platform and inform Admins of the arrangement they have made. Admins can add a new Member to the Group using the Add Member Proposal and then Transfer Equity to the new Member. Trading Equity privately and using the Transfer Equity Proposal is a way to avoid having to create liquidity to Exit a Member and have a new Member join.

Other Adjustments With The Redistribution Proposal:

• Equity Redistribution: Groups can import members and manually calculate their ownership mid-cycle. This is useful for importing external group members or accounting for contributions made off of Lore.

• Manual Adjustments: Need to fix an error or reflect someone's contributions? You can adjust ownership shares without any payouts.

Remember:

• All these actions use your ownership stake to determine amounts.

• Exiting is always an option, and you'll get your fair share.