This Week at the DIF — Our Proposed Investment is Seeing Increased Business

INVESTMENT Meeting

In attendance: Amanda, Hytham, Demelza, Spencer, Jan
Absent: Mike, Cole

EQUITY

In case anyone is wondering how BTC-Echo, the business we’re proposing the DIF invest in, is doing during the recent global shift, we want to share some recent numbers. As you’ll see, not only has BTC-Echo’s business not been negatively affected by the global situation, but it’s actually increasing:

Users
February: 304,700
March: 672,300
Increase: ~120%

Sessions
February 874,700
March: 1,300,000
Increase: ~48%

Turnover
Increase: ~41%

We hope that you’ll review and cast your “yes” vote for our proposal for the Dash network to invest in BTC-Echo.

RESERVES

We are currently planning how to move forward on our re-balancing strategy in the event that our above proposal does or does not pass.

ADMINISTRATIVE Meeting

In attendance: Mike, Amanda, Cole, Hytham, Spencer, Jan
Absent: none

ACCOUNTS

This week we let an exchange know that we won’t be completing their KYC process for a business account. Our reason for this is that this exchange wants the six DIF supervisors to each individually KYC themselves as legal “owners” of all the DIF’s funds. Given that this is obviously not the case, we cannot proceed with their request in good faith.

Thanks.