News/BitDAO Treasury Transferred 100 Million $USDT to ByBit Contribution

BitDAO Treasury Transferred 100 Million $USDT to ByBit Contribution

Jan 01,2023,11:12

According to the on-chain data, the address marked as BitDAO: Treasury has transferred 100 million $USDT to the address marked as BitDAO: ByBit Contribution.

Previously, the BitDAO community posted the end of voting for the $BIT purchase proposal, which ended with a 100% approval rating. The proposal suggested setting the Target Daily Purchase Amount (TDPA) at $2 million $USDT per day starting 2023 Jan 1st for 50 days (total of $100 million $USDT).

According to Tokeninsight data, BitDAO ($BIT) price increased 2.04% in the last 24 hours, trading at $0.345074 now.

Source
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