BitDAO BIT

1. Summary

Ranks

Liquidity

-

Developer

-

Social

89

Momentum (beta)

0

Stack Rank™

-

Price

$0.62 -0.4%

Market Cap

$0.00 (#13153)

Supply

0.00 / 9.61B

Tags

Ethereum Ecosystem FTX Holdings DragonFly Capital Portfolio Pantera Capital Portfolio

More Metrics

Price
52W High price	$3.55
52W High date	12th Jul 2024 (1 year ago)
All Time High (ATH) Date	11th Jul 2024 (1 year ago)
ATH Price	$4.60
% From ATH	-86.21%
All Time Low (ATL) Date	22nd Nov 2022 (2 years ago)
ATL Price	$0.27
% From ATL	134.58%

Supply & Trading Volume
Trading Volume (24h)	$16,455.00
Total Supply	9.61B
Max Supply	9.61B

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Description

BitDAO is a decentralized autonomous organization aiming to support builders of the decentralized economy. It operates as an open platform where proposals are voted upon by BIT token holders. This governance model allows for permissionless submissions and official proposals, ensuring that all decisions are made by the community.

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BitDAO is a decentralized autonomous organization aiming to support builders of the decentralized economy. It operates as an open platform where proposals are voted upon by BIT token holders. This governance model allows for permissionless submissions and official proposals, ensuring that all decisions are made by the community.

Governance

BitDAO is governed by the holders of the BIT token. Proposals, official or soft, can be submitted by anyone and are subject to voting by BIT token holders. This includes decisions on new initiatives, treasury resource management, and implementing corrective actions.

Resource Management

The BitDAO treasury grows through net inflows from BIT-powered products, the increasing value of assets held, and contributions from partners like Bybit. The treasury allocates resources to fund development, support specialized initiatives, and facilitate token swaps with other organizations. All treasury movements can be tracked via the Treasury Monitor.

Principles

BitDAO is a collective of token holders and contributors, not a company. There is no management team or employees. Anyone can propose partnerships and upgrades, but these proposals must be voted on by the community. Token holders have the right to vote, but not to impose their will on others.

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