QIP-0043 · passed

Adopt interim accounting treatment for egg clutches

Classify unhatched egg clutches as contingent assets, excluded from audited mallard counts until hatch and imprinting are independently confirmed.

Proposer

0xCustody.eth

Posted

Apr 16, 2026

Closes

Apr 30, 2026

For

9,812,400

Against

1,104,250

Abstain

214,900

Rationale

Spring nesting season produces material clutch volumes across all 14 ponds. Current practice is silent on whether unhatched eggs constitute mallards under custody. KPMQ LLP has requested a documented policy ahead of the Q2 2026 attestation.

Proposed action

Record clutches as contingent assets in attestation footnotes only. Hatchlings enter audited reserves upon confirmed imprinting on an authorized custodian, not upon hatch, to prevent double-counting of ducklings that imprint on visitors, dogs or maintenance equipment.

Risk factors

Predation by herons and foxes between hatch and imprinting may cause contingent assets to lapse without recovery. Clutch counts are estimates and will not be audited.