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STATEMENT OF $GRD AUTHORITY AND GOVERNANCE

The undersigned entity, known as the “Issuing Authority,” is fully responsible for managing the digital assets $GRD issued and operated on the XRP Ledger (“The Ledger”). This statement outlines the Issuing Authority’s rights and processes for overseeing these assets effectively.

1. CONTROL AND MANAGEMENT RIGHTS The Issuing Authority has the sole authority to:

A. Freeze Digital Assets If assets are acquired through automated software (“Bots”), the Issuing Authority may pause their use, transfer, or liquidity without prior notice. This freeze takes effect immediately and lasts at least 72 hours, during which an investigation (see Section 2) will begin.

B. Recover Assets (Clawback) The Issuing Authority can reclaim assets obtained improperly or in ways that harm the ecosystem. Recovered assets may either be returned to circulation or permanently removed from The Ledger through a burning process, based on the Issuing Authority’s decision.

2. REVIEW AND DECISION PROCESS When a freeze occurs, the Issuing Authority will conduct a fair and structured review, called the “Governance Review,” as follows:

A. Review Timeline The review lasts at least 72 hours, starting when the freeze is logged on The Ledger.

B. Community Input A group of trusted stakeholders, called “Community Leaders,” will decide the outcome. These are Liquidity Providers (“LPs”) who actively support the asset’s stability and market health. Their decision is final. [See Section 4]

C. Possible Outcomes

Restoration: If the assets are found to be fairly obtained and safe, the Issuing Authority will lift the freeze and restore full access. If a wallet address is restored, the same rules under this Statement of Authority and Governance will apply to future trades and/or purchases.

Removal: If the assets risk damaging The Ledger or fairness, they will be reclaimed and permanently burned, making them unusable.

3. LITIGATION AND ESCROW PROCESS If a purchaser chooses to pursue legal action against the Issuing Authority regarding frozen assets, the affected $GRD tokens will be placed in escrow under the Issuing Authority’s management. This ensures the assets remain secure and accounted for during the dispute, with the Issuing Authority retaining oversight until the matter is resolved.

4. SUPPORT FOR PARTICIPANTS The Issuing Authority aims to ensure all transactions reflect genuine human intent and cause no harm to the ecosystem. If you notice your $GRD purchase has been frozen or is missing from your wallet, please reach out for assistance:

Email: GrindAssetIntervention@gmail.com

We’ll work to confirm whether your transaction was made by a human and intended no harm, respecting your rights as a participant while protecting the ecosystem’s integrity.

5. COMMITMENT TO RULES AND FAIRNESS All actions will follow: The Ledger’s operating rules and terms; Applicable laws and regulations for cryptocurrencies and blockchain at all levels; The principles of trust, security, and fairness that guide The Ledger’s community, including respect for participants’ property rights. These actions and rules are subject to change without notice.

6. FINALITY AND TERMS Decisions Are Final: Outcomes from this process cannot be appealed unless the Issuing Authority allows it. Binding Rules: These terms can only be changed with the Issuing Authority’s clear approval. No Liability: The Issuing Authority is not responsible for losses tied to these actions. Participants accept this by using The Ledger.

7. PARTICIPATION AGREEMENT Anyone interacting with $GRD digital assets agrees to these terms and the Issuing Authority’s oversight. This statement ensures the Issuing Authority’s steady and responsible management of $GRD assets for a secure and equitable ecosystem.