🖥️Appendix B - MZF PROTOCOL Fund & Protocol Relationship Overview

A regulated real-world debt fund (MZF PROTOCOL Fund 1) and a blockchain-native protocol (MZF PROTOCOL Protocol), bridged by the $MZF utility token.

Structure Summary

Component	Function
MZF PROTOCOL Protocol	On-chain infrastructure for payment execution, staking, and risk access. Not a lender or issuer.
$MZF Token	Utility token for staking rewards, access control, and governance input. No profit or yield rights.

Key Principles

• $MZF is utility-only: It does not represent ownership, equity, or a share in fund performance.

• Compliance-first design: Ensures MZF PROTOCOL operates within legal frameworks in Australia, United Kingdom, and select US states.

This structure enables MZF PROTOCOL to bring real-world debt strategies on-chain while remaining scalable, transparent, and compliant.