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Friday, February 14, 2025
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    bitcoin
    Bitcoin (BTC) $ 97,122.02
    ethereum
    Ethereum (ETH) $ 2,704.84
    tether
    Tether (USDT) $ 1.00
    bnb
    BNB (BNB) $ 668.96
    usd-coin
    USDC (USDC) $ 1.00
    xrp
    XRP (XRP) $ 2.75
    binance-usd
    BUSD (BUSD) $ 0.999275
    dogecoin
    Dogecoin (DOGE) $ 0.271569
    cardano
    Cardano (ADA) $ 0.811091
    solana
    Solana (SOL) $ 201.17
    matic-network
    Polygon (MATIC) $ 0.322301
    polkadot
    Polkadot (DOT) $ 5.25
    tron
    TRON (TRX) $ 0.231727
    HomeFinanceBitDAO proposes to switch BIT token in rebranding

    BitDAO proposes to switch BIT token in rebranding

    A proposal to use a “One model, one token” precept has been pushed to a vote on BitDAO’s snapshot and requires changing BitDAO’s token (BIT) with a brand new governance token. Snapshot serves as an off-chain governance voting platform for Decentralized Autonomous Organizations (DAOs) and different blockchain tasks.

    In line with the BIP-21 proposal, the BitDAO ecosystem – governance (BitDAO) and product (Mantle) – will probably be unified below the Mantle title. Governance processes and treasury administration will stay unchanged, however after group approval, BIT holders will bear a token conversion course of for the brand new Mantle token.

    BIP-21 proposal by BitDAO. Supply: Coat on Twitter

    Proceed studying on Coin Telegraph

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