Rook Labs and the rights protection investors have reached an asset distribution agreement

ChainCatcher news, the actual operator of the Rook project, Rook Labs, has reached an agreement with ROOK token holders, who can unlock ownership of the treasury and will receive a proportional share of USDC, plus pROOK tokens. Meanwhile, the Rook Labs team can continue to engage in exciting projects without bearing the burden of worthless governance tokens.

Previously, it was reported that the development entity of the MEV solution ROOK, Rook Labs, initiated a community proposal vote to split nearly $50 million in treasury assets in half, allocating them to the main builders of Rook technology and a new community operating entity called Incubator DAO. Incubator DAO will replace the original Rook DAO, operating completely independently of Rook, and will decide how to use the nearly $25 million in funds. (Source link)