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Under review

Option for funds, allowing allocation edits when a new coin is introduced

Naderh 4 weeks ago in A problem with investment program • updated by Genesis Vision Support 2 weeks ago 1

As a fund manager I find it off putting that when GVT introduces more coins, I will have to close my fund or buy another 50GVT to create a new program to add those coins. It would be nice to be able to edit my allocations/coins. 


I was told that if a fund was allowed to edit coins it would be unfair to people who are invested. Which is true, but I propose an option for an investor to manually/automatically withdraw their tokens from a fund (for free or at a reduced exit fee) if the mananger changes the fund allocation.

So when someone has gvt invested in a fund and the manager edits the fund allocations, the person will receive a notification and either manually withdraw the investment at a reduced or free rate, or  have set up an automatic rule (if manager edits allocations in X/Y/Z ways then withdraw investment at reduced or free rate.)


I think this would be a great addition to the platform, as it allows freedom and fairness to both fund manangers and investors.  

Answer

Answer
Under review

Dear Naderh,

Thank you for the valuable feedback. You can find some information here: https://blog.genesis.vision/genesis-vision-network-10bf3e749688

Nevertheless, we will tell our team regarding this problem to figure out a mechanism.

Best regards,

GV Team

Answer
Under review

Dear Naderh,

Thank you for the valuable feedback. You can find some information here: https://blog.genesis.vision/genesis-vision-network-10bf3e749688

Nevertheless, we will tell our team regarding this problem to figure out a mechanism.

Best regards,

GV Team