Governance : Exit Condition

Predefined Exit Conditions – The exit condition for a DEGEN vote is determined within the proposal itself during the voting process.

Default Exit Condition – If no exit condition is specified, it defaults to 100% PNL (Profit and Loss) or a standard duration of 1 month.

Community Modification – The community has the ability to modify the exit condition of an active DAO position. To initiate this change, the total amount of $vTBDAO supporting the modification must exceed one billion.

Major Debate State – Once the modification threshold is met, the active position enters a "exit condition to define" state. The exit condition is then redefined through the standard governance process, which includes:

• General Assembly

• Senate Review

• Final DEGEN Vote

This structured process ensures transparency and collective decision-making in managing DAO investments.