Following the exploit of the Staking contract and the removal of the liquidity pool (LP) to safeguard holder value, the value of the BNB held has significantly increased. The LP wallet currently contains 5,743 BNB & 1,107,761 USDT. This proposal is to convert 1800 BNB into USDT if an average price above $600 per BNB can be achieved, resulting in a minimum of $1,080,000 USDT.
This is not intended to predict future BNB prices. Instead, it offers an opportunity to secure gains, should BNB retrace in value before the relaunch. That said, voters should also consider the potential for further increases in BNB's price.
The decision is now up to the community. Please cast your vote.
Disclaimer: The committee will work within its ability and availability to execute any approved swap on behalf of the community. However, the committee is not liable for any failure to complete the transaction due to unforeseen circumstances, including but not limited to availability, market conditions, or technical issues.