Proceeds from Capital Allocation

Should Neptune Members expect to receive any profit by contributing to Neptune?

The investment opportunities contemplated by Neptune are inherently speculative and are made by the Neptune Members or their express designees and agents. The results of Neptune's investments will likely vary from period to period, and purchases made by Neptune will involve a high degree of financial and market risk that can result in a complete loss of any Member's contribution to Neptune.

How will proceeds be distributed?

Members will receive proceeds, if any, on a pro rata basis based on the number of Neptune units each Member holds.

If a Member rage quits, the Member will be entitled to receive their pro rata portion of any undeployed capital. However, the Member will not be entitled to distribution with respect to any purchases made by Neptune after the date the Member quits Neptune.

Please note, that prior to the distribution of any proceeds, Members must provide a copy of the applicable Form W-9 or Form W-8, when requested by the service provider.

Will proceeds be paid in Ether, Dai, or cash?

Members have the right to determine how proceeds will be paid.

Can Neptune recycle or reinvest proceeds?

Members acting by a majority vote (based on the number of Neptune Member units) may reinvest or retain for purchase any proceeds to effect, pay expenses (outlined here) or otherwise provided for in the Neptune documentation.

If a Member votes against a proposed investment opportunity, but does not “rage quit,” will the member still benefit from possible future profits? In other words, are all projects’ possible future returns and losses shared equally amongst the members?

Yes, the Member would benefit from the future profits even if the Member voted against the investment strategy.  In effect, you're agreeing to the will of the voting members, and if you don't like the decision you have the right to rage quit and receive back your pro rata portion of any undeployed capital.