FOR PUBLIC DISTRIBUTION

Discussion points and notes from the BPC meeting on March 11, 2021 at 10:30am EST.

1) Update on general progress since last meeting
The members were updated on progress pursuing strategic partnerships, sales, marketing, and market making activities. Growth and progress continues in 3 areas: Ecosystem Development (price oracle project, wrapped ndau, others), ndau Sales, Exchanges (5 in progress). New cross-chain partnerships are also being explored.

2) Discussion on progress of Second Policy Proposal referendum
The BPC Referendum on “ndau New Policy Proposal #02” began on Feb 15 and ran until Feb 21. New Policy Proposal #02 passed and has been implemented.

3) Discussion on new recovery mechanisms
The members discussed different possible mechanisms that could assist ndau holders in recovering a wallet when they have lost their 12-word recovery phrase. Additional research into possibilities will continue.