Content Summary:
A community member in the Mantle DAO has proposed restricting FTX and Alameda Research from converting their BitDAO tokens to Mantle tokens due to suspicions of token offloading. The proposal stems from a previous trade between BitDAO and Alameda, and the integration of the BitDAO and Mantle ecosystems. The issue has sparked a debate within the Mantle community, with a request to create a new migration contract for MNT tokens owned by FTX.
Main Breakdowns:
– A community member in the Mantle DAO has proposed restricting FTX and Alameda from converting their BitDAO tokens to Mantle tokens.
– The proposal is based on suspicions that Alameda offloaded the tokens, leading to a decline in BIT’s value.
– The integration of BitDAO and Mantle was previously accepted by the community.
– The issue regarding FTX’s BIT tokens has sparked a debate within the Mantle community.
– The proposal includes a request for a new migration contract to inhibit the automatic migration of FTX-owned tokens.
Hot Take:
The proposal to restrict FTX from converting their BitDAO tokens highlights concerns within the Mantle community about the potential token offloading. This debate showcases the importance of transparency and trust in decentralized organizations. Moving forward, it will be interesting to see how the community votes on the proposal and the actions taken to address the issue.
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