ACID has successfully approved a proposal to transition from a DAO structure into an investment fund. Effective immediately, participation in these investments will be restricted to legitimate offshore corporate entities, while ineligible investors will receive their fund returns
The latest ACID proposal, achieving a remarkable 95% approval rate even without the participation of major token holders and the team, highlights the community's overwhelming support. Option A garnered an impressive 91% approval. As a result, ACID is poised to shift from its DAO
All refunds have been successfully processed and transferred to the addresses holding A1.5 (in the form of airdrops, which may be in ETH, wstETH, or frxETH), and A1.5 tokens have been reclaimed and burned.
For those wondering about the refund process, you do not need to take any action. The refund will be automatically airdropped to the address holding your A1.5 tokens under the 7 days period.
Proposal for Fundamental Changes in the Organizational Structure(including new redeem plan)
The new proposal is set to enhance the project, introducing improvements that will bolster its overall performance and benefit the entire community. Please read