Divestments
Divestments (selling back investments) are organized in an accelerated way compared to the investment proposals. Only the Protectors are eligible to make divestment proposals.
The only information needed to make a divestment proposal is:
- Why it is the right time to divest the investment
When an divestment proposal is submitted, the proposal is reviewed to make sure it fits the requirements.
Accelerated process: In order to protect the wealth of the Rebellion, the team is entitled to accelerate the process and divest without any proposal, provided one condition is met: the value of an investment position fell by more than 20% in 24 hours.
The accelerated process has been put in place in case of a massive sell-off in the market. This allows the Rebellion investment fund to quickly sell-off an investment and retain profits.
When a divestment event (selling off an investment) takes place divested funds are used as follow:
- 60% is sent to the REBL Investment Wallet with the aim to be reinvested
- 20% is used for $REBL token purchase & burns (may be over a certain period of time)
- 20% Dividends airdrops
- 15% to REBL DAO NFT holders (pro rata their NFT holdings)
- 5% to the Protector who proposed the investment
A Divestment must provide a return of at least 1.5x of initial invested amount for the Protector to receive its dividend. Otherwise his share is sent to REBL DAO NFT holders.
If a Divestment is below 1x of initial invested amount, the entire sum given by the Divestment is returned to the Investment Wallet
Last modified 21d ago