BitDAO: 100 million BITs held by Alameda have been transferred to the chain

链捕手ChainCatcher · 2022-11-08T11:20:03.000Z

According to ChainCatcher news, the BitDAO community officially stated that the 100 million BIT held by Alameda has been transferred to the chain. Thanks to Alameda Research and its co-CEO Caroline Ellison for their timely response. To enhance community confidence, BitDAO recommends that the swapped BIT and FTT be retained in their respective on-chain addresses until the end of the 3-year commitment period agreed in October 2021 not to sell each other's Tokens. As previously reported, the BitDAO community issued an emergency proposal today, requiring Alameda Research to transfer 100 million BIT to an on-chain address for verification by the BitDAO community, rather than the trading platform. The other party is required to complete it within 24 hours, otherwise it will be decided by the BitDAO community (voting or any other Emergency Action) How to deal with the 3,362,315 FTT in the BitDAO vault. (Source link)

According to ChainCatcher, the BitDAO community officially stated that the 100 million BITs held by Alameda have been transferred to the chain, and thanked Alameda Research and its co-CEO Caroline Ellison for their timely response. To enhance community confidence, BitDAO recommends that the swapped BITs and FTTs be kept in their respective on-chain addresses until the end of the three-year commitment period of not selling each other's tokens in October 2021.
As previously reported, the BitDAO community issued an emergency proposal today, requiring 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 other party to complete it within 24 hours, otherwise the BitDAO community will decide (by voting or any other emergency action) how to deal with the 3,362,315 FTTs in the BitDAO treasury. (Source link)