Bybit CEO initiates a new proposal aimed at reducing BIT supply and proposes the development of a public chain supported by BIT
Chain Catcher news, Bybit co-founder Ben Zhou released a proposal in the BitDAO community, suggesting that starting from September 16, 2022, the contribution (donation) asset portfolio will change to 100% BIT; the contributed BIT will be burned; the Target Daily Purchase (TDP) will be suspended starting from September 16, 2022. Bybit will lead the research and development and launch of BitNetwork (tentative name). (Source link)