The community blockchain city project CityDAO has opened refund inquiries, involving 4,808 on-chain addresses

2024-06-07 11:48:15
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ChainCatcher news, the community blockchain city project CityDAO has opened refund inquiries, with a total refund of 3.07 million USD, and 4,808 addresses eligible for refunds.

According to the May CityDAO CIP 212 proposal, the founders will exit the multi-signature wallet, close bank accounts and CityDAO social media accounts, and completely withdraw from the operation of the DAO. The most responsible approach is to return the funds to the donating citizens. The proposal was ultimately passed with a 92.64% approval rate.

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