BitDAO: 100 million BIT held by Alameda has been transferred on-chain

2022-11-08 19:18:22

Collection

ChainCatcher news, the BitDAO community officially stated that the 100 million BIT held by Alameda has been transferred to the on-chain address. Thanks to Alameda Research and its co-CEO Caroline Ellison for their prompt response. To enhance community confidence, BitDAO suggests keeping the swapped BIT and FTT in their respective on-chain addresses until the end of the 3-year commitment period not to sell each other's tokens, which was reached in October 2021.

Previously reported, the BitDAO community issued an urgent proposal today, requesting Alameda Research to transfer 100 million BIT to an on-chain address for verification by the BitDAO community, rather than a trading platform, and requiring the transfer to be completed within 24 hours. Otherwise, the BitDAO community will decide (through voting or any other urgent action) how to handle the 3,362,315 FTT in the BitDAO treasury. (Source link)

Related tags

BitDAO Alameda BIT

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.