Please take time to read through BIP-20: Adjustments to Bybit Contributions to the BitDAO Treasury to Improve Tokenomics, Project Focus, and Decentralization
As a BIT delegate, bitembassy.eth will be casting 1,001,076 votes on behalf of the BIT Embassy community. Please signal your decision on BIP-20.
By voting "Yes" on this proposal, you are in favor of:
Modifying the Bybit Contribution from a dynamic exchange-linked-amount to a fixed-schedule-amount over 48 months, starting at 120M $BIT per month and halving every 12 months (total 2.7B units).
Retaining the Bybit Contribution $BIT in the BitDAO Treasury instead of immediately burning. The burn may be restarted via a subsequent BitDAO proposal.