Summary The BAD AI team proposes migrating our protocol and ecosystem from BNB Chain to BASE, issuing a new token with a 1:1 airdrop to current $BADAI holders.
Why This Is Needed Recent events, particularly the FlokiFi Locker incident resulting in approximately 1.5% of token supply now in the hands of a malicious actor, have made issuing a new token necessary for security reasons. Rather than simply deploying a v2 on BNB Chain, we see an opportunity to reposition our project in a more supportive ecosystem.
Why BASE? A professional, transparent foundation A thriving ecosystem of AI builders A foundational approach to support, collaboration, and innovation
What This Vote Means If YES: Migration to BASE with a new token 1:1 airdrop for all $BADAI holders (no action required) Snapshot date announced after approval If NO: Alternative solutions on BNB Chain or elsewhere New proposal to be presented to the community
Pros and Cons Pros: Fresh start without security risks from tokens being in hands of FlokiFI hacker Better ecosystem alignment for AI innovation New partnership opportunities on BASE Strategic repositioning could create new opportunities for the project Cons: Inherent risks in chain migration Potential short-term volatility Existing community may not fully transition to the new chain Learning curve for users to adapt to BASE
While no path forward comes with guarantees, we believe this change offers BAD AI an opportunity for a fresh start in an ecosystem where builder support appears more attainable.
Are you in favor of this proposal? YES - Migrate to BASE chain with 1:1 token airdrop NO - Remain on BNB Chain for now and explore alternatives
Off-Chain Vote
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- Author
BAD
- IPFS#bafkreig
- Voting Systembasic
- Start DateApr 17, 2025
- End DateApr 19, 2025
- Total Votes Cast25M stkBADAI
- Total Voters79
Timeline
- Apr 17, 2025Proposal created
- Apr 17, 2025Proposal vote started
- Apr 19, 2025Proposal vote ended
- Apr 19, 2025Proposal updated