Another reminder that $BIT ➡️ $MNT conversions are underway! 🚀
📖 You can use the migration tool here for at least the next 6 months: https://migratebit.mantle.xyz
If you have any questions about the migration process, please ask in official Mantle channels:
* Telegram: /channel/mantlenetwork
* Discord: https://discord.gg/0xMantle
ATTN: with the passing of BIP-21, all BitDAO community channels will merge into the Mantle community. Please join the Mantle community at the official channels listed below:
Telegram: /channel/mantlenetwork
Discord: https://discord.com/invite/0xMantle
Zealy: https://mantle.zealy.io
Youtube: 0xMantle" rel="nofollow">https://www.youtube.com/@0xMantle
Following BIP-21, BitDAO will gradually merge with Mantle Ecosystem. You can check the status of key items, and any required user actions, here: https://bitdao.to/merger
✅ Delegation Tool
✅ Forum
🗳️ Token Conversion
🚧 Treasury Monitor
🚧 Snapshot
🚧 Documentation
🚧 Blog
A new proposal is open for voting on Snapshot:
MIP-22: Mantle Token Design, Conversion Parameters, and Asset Handling
🗳 Read the proposal and vote here:
https://snapshot.org/#/bitdao.eth/proposal/0x950dac4d5715b8aa8eab29c484b1c9dd0eed161141262b0425874f65be4d9f8e
Starts on: 31 May 23 07:57 UTC
Ends on: 07 Jun 23 07:57 UTC
Get involved with Mantle Governance (prev. BitDAO) by casting your vote now.
To vote on Mantle proposals, you must delegate your votes.
Note: Tokens must be delegated __before__ a snapshot vote goes live in order to vote
➡️ Learn how: https://docs.mantle.xyz/governance/delegation
An update has been posted on the Mantle forum regarding the recent token proposal: [DISCUSSION] Mantle Token Design, Conversion Parameters, and Asset Handling
Key updates:
✅ The one-way token conversion ratio set at 1:1
✅ Implement a Conversion Cost Rebate Program
✅ Clarity around the Mint function and potential supply changes
For complete details, please refer to the update post on the forum:
https://forum.mantle.xyz/t/discussion-mantle-token-design-conversion-parameters-and-asset-handling/6352/2
We would like to inform the BIT community about an upcoming migration of the BitDAO forum in accordance with BIP-21.
Please take note of the important migration details that have been posted in the forum: https://bitdao.to/forum-migration
BIP-21: Optimization of Brand, Token, and Tokenomics is live on Snapshot for voting.
Starts on:
12 May 23 11:00 UTC
Ends on:
19 May 23 11:00 UTC
Read the proposal and VOTE here:
https://snapshot.org/#/bitdao.eth/proposal/0xe81f852d90ba80929b1f19683da14b334d63b31cb94e53249b8caed715475693
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❓ FAQ
Q: I have delegated BIT but cannot vote, why?
A: To vote, you must delegate your BIT before the voting starts. If you delegate after the vote starts you will have to wait for the next proposal in order to vote.
Q: How do I delegate
A:Check out the tutorials here: https://docs.bitdao.io/litepaper-1/delegation
Q: Where can I learn more about delegation and BitDAO Governance?
A: https://docs.bitdao.io/litepaper-1
Get out and vote on BIP-20! 📊
https://twitter.com/BitDAO_Official/status/1641030260224565248
https://twitter.com/BitDAO_Official/status/1625317514942230529?s=20&t=FmpgK3ejKsD_sNsPmoqrCw
Читать полностью…Happening now! Join Ben, Arjun and Igneus as they discuss ecosystem building on Mantle Network.
https://twitter.com/0xMantle/status/1614993795166392320
NOTICE:
BitDAO forum maintenance will take place today (December 23, 2022).
Please reach out on Telegram with any questions.
In our mission to support builders and decentralized ecosystems, BitDAO is proud to unveil Mantle, a high performance modular Ethereum L2 network that will drive the future of web3 innovation and further scale the Ethereum ecosystem.
https://twitter.com/0xMantle/status/1597939402915086336
Important PSA ⚠️
We'd like to notify the $BIT community that the majority of LPs for BIT-USDT and BIT-ETH pairs have been removed from major on-chain and decentralized exchanges in anticipation of the BIT to MNT migration happening on July 17.
Due to the potential for increased slippage, we urge caution trading BIT while liquidity is low. The BIT to MNT migration app and MNT-USDT and MNT-ETH pairs will be available later today.
https://twitter.com/BitDAO_Official/status/1680817347488268290
✅ [PASSED] MIP-22: Mantle Token Design, Conversion Parameters, and Asset Handling
➡️ Full proposal:
https://forum.mantle.xyz/t/passed-mip-22-mantle-token-design-conversion-parameters-and-asset-handling/6352
➡️ Snapshot:
https://snapshot.org/#/bitdao.eth/proposal/0x950dac4d5715b8aa8eab29c484b1c9dd0eed161141262b0425874f65be4d9f8e
With the passing of MIP-22, the following actions will be taken:
1️⃣ The Mantle token, $MNT, shall incorporate functions analogous to the "Upgradability" and "Mint" functions of $ARB and $OP.
2️⃣ The one-way token conversion ratio shall be set at 1 $BIT token to 1 $MNT token.
3️⃣ The Mantle core contributor team shall be authorized to determine the optimal timing and sequence for the delisting of $BIT tokens, listing of $MNT tokens, opening of conversion channels, and the Mantle Network Mainnet.
4️⃣ A DEX liquidity pool for $MNT-ETH may be created, utilizing the proceeds from the deconstructed $BIT-ETH pool, and with reference to the intent of BIP-10.
5️⃣ A temporary conversion treasury may be established to provide support for the token creation and conversion process.
The intended result will be changes to branding and structuring that lead to the greatest long-term token holder prosperity, provide the greatest chances of success for core protocols (e.g., Mantle Network), and preserve the governance and economic rights of token holders.
⏰ Reminder: $BIT Delegates, don't forget to vote on MIP-22: Mantle Token Design, Conversion Parameters, and Asset Handling
Voting ends Jun 7, 2023, 7:57AM UTC
Vote here:
https://snapshot.org/#/bitdao.eth/proposal/0x950dac4d5715b8aa8eab29c484b1c9dd0eed161141262b0425874f65be4d9f8e
https://twitter.com/BitDAO_Official/status/1664706302852083712
🚨 Reminder: Stay alert to avoid scams!
There are currently no ongoing airdrops or staking rewards for BIT.
Community channel Mods and Admins will never DM you first.
Official Mantle channel links can be found at - https://www.mantle.xyz/
Official BitDAO channel links can be found at - https://bitdao.io/
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Please report any scammers by tagging an admin in this group.
There will be an AMA to discuss the new $MNT token and conversion parameters proposal. Set a reminder to join tomorrow May 25 at 2PM UTC:
https://twitter.com/0xMantle/status/1661311293532540928
[DISCUSSION] Optimization of Brand, Token, and Tokenomics
A new soft proposal has been posted to the BitDAO forum for discussion. This proposal aims to recommend changes to branding and structuring that lead to the greatest long-term token holder prosperity, provide the greatest chances of success for core protocols (e.g., Mantle Network), and preserve the governance and economic rights of token holders.
The following actions are proposed:
1️⃣ Apply a "one-brand, one token" principle to position http://mantle.xyz/ as the unified ecosystem brand with a product focus and authorize a token conversion plan.
2️⃣ Simplify tokenomics for a clean start to the Mantle Network mainnet.
Join the discussion here: https://discourse.bitdao.io/t/discussion-optimization-of-brand-token-and-tokenomics/5327
[DISCUSSION] Adjustments to Bybit Contributions to the BitDAO Treasury to Improve Tokenomics, Project Focus, and Decentralization
A new soft proposal has been posted to the #BitDAO forum for discussion 🧵
https://discourse.bitdao.io/t/discussion-adjustments-to-bybit-contributions-to-the-bitdao-treasury-to-improve-tokenomics-project-focus-and-decentralization/4876
https://twitter.com/BitDAO_Official/status/1636024489392898050?s=20
Two important discussions were posted to the BitDAO forum today. Please take a look and drop any questions in the comments!
https://twitter.com/BitDAO_Official/status/1629772197177995267
https://twitter.com/BitDAO_Official/status/1629723778359128064
https://twitter.com/BitDAO_Official/status/1620445286383648768?s=20&t=970na7CvXVD6qA3RAUe88A
Читать полностью…https://twitter.com/BitDAO_Official/status/1607269992491540481?s=20&t=qO6h9Za3A6aDu4xXYi7XfQ
Читать полностью…https://twitter.com/BitDAO_Official/status/1605208816823697410?s=20&t=3QIrM1GAI44Kwo864i4FBA
Читать полностью…On November 8th, Bybit CEO, Ben Zhou, visited the BitDAO CN community on Telegram and invited Windranger Labs partners to participate in a Q&A session in Mandarin.
Read a summary in English here: 👇
windrangerlabs/bitdao-community-q-a-with-bybit-ceo-ben-zhou-dad84941cf52" rel="nofollow">https://medium.com/@windrangerlabs/bitdao-community-q-a-with-bybit-ceo-ben-zhou-dad84941cf52