Figure to Steward the Provenance Foundation Proposal January 12, 2026

• ecosystem coordination and partner development

• developer / validator enablement

• protocol improvement support (in coordination with engineering)

• communications and transparency reporting to the community

• executing specific commitments listed below

1. Resources
Dedicate Figure resources to support June’s team and Provenance protocol development.

2. Token Burn
Commit to burn up to 25% of Figure’s $HASH position (~5% of total $HASH) and support ongoing buyback/burn mechanisms as part of long-term token health.

3. Tokenomics Overhaul
Support a tokenomics redesign intended to better capture the economic value of usage across the Figure + Provenance ecosystem.

4. Utility for $HASH Holders
Build mechanisms that reinforce $HASH utility, including Figure ecosystem benefits such as discounts, priority access, and exclusive opportunities as programs roll out.

5. Growth & Ecosystem Expansion
Work to attract credible third-party builders and institutional partners to the Provenance Blockchain to broaden activity beyond Figure alone.

6. Governance Safeguard
Abstain from voting with Foundation-held $HASH to reduce centralization risk and ensure community governance remains credible.

This proposal asks $HASH holders to approve a governance mandate for Figure to operate the Provenance Foundation’s day-to-day activities, while governance authority remains with the community. If approved, Figure will provide operational resources, execution capacity, and ecosystem support under explicit commitments and safeguards defined in the proposal.

No. This proposal does not transfer ownership or governance control of Provenance. All protocol-level authority and governance decisions remain with $HASH holders. Figure would operate the Foundation by mandate, not by ownership.

No. A takeover would imply unilateral control or removal of community governance. This proposal does neither. - Governance remains permissioned - The community can reverse direction through governance - Figure operates under defined scope and oversight - Ultimately, a choice by $HASH holders

Yes. If the community is unhappy with execution, $HASH holders can: - Reject future proposals - Propose changes - Revoke or modify the mandate through governance Nothing in this proposal is permanent or irreversible.

It means that $HASH held by the Foundation will not be used to influence governance outcomes. Practically: - Those tokens will not be voted in governance proposals - This reduces centralization risk - Community votes remain the deciding factor

No. Figure does not receive: - Extra votes - Veto power - Unilateral control over governance or protocol changes Figure’s role is operational, not governing.

Yes. If the proposal passes, Figure commits to burning UP TO 25% of its $HASH holdings, which is approximately 5% of total $HASH supply. This is a one-time, explicit commitment included in the proposal.

No. The burn is framed as a long-term token health and alignment mechanism, not a short-term price action or speculative measure. No price targets or guarantees are implied.

Yes, over time. Figure commits to building utility mechanisms for $HASH holders, which may include: - Ecosystem benefits - Priority access to Figure products - Discounts or exclusive opportunities Specific implementations will be rolled out progressively and transparently.

No. This proposal does not make Figure the protocol development team, nor does it transfer control of engineering or governance.

The proposal intentionally uses “up to” to allow responsible execution aligned with network conditions and long-term sustainability.

More details to come at a later date from the team.

No, Figure & Provenance are abstaining from vote.