ConstitutionDAO Announces that it will Give up its Multi-Signature Rights

TokenInsight news, decentralized autonomous organization ConstitutionDAO has announced that it will relinquish ownership of ConstitutionDAO. ConstitutionDAO says it will refund donations for those who donated directly to ConstitutionDAO, as well as those who donated on Juicebox after the auction, and convert its Discord community to read-only. and convert its Discord community to read-only. Those who contributed to Juicebox prior to the auction but have not yet redeemed $ETH will still have the option to hold the token or redeem it at a rate of 1 $ETH = 1,000,000 $PEOPLE. ConstitutionDAO will relinquish multi-signer access to the treasury, and upon relinquishing ownership, the ConstitutionDAO core team and multi-signers will no longer have any power or control over the contract in any way. ConstitutionDAO will relinquish ownership between 0800 BST on 18 December 2021 and 20 December and will shut down the Discord server by 8:00 p.m. BST on December 22, 2021.
Source

DAO

In This Article

Related News
Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal Aave founder confirms new token will not be created, citing DAO consensus on Horizon proposal
ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network ZKsync sunsets ‘Ignite’ token rewards for DeFi ecosystem, cites market conditions and focus on Elastic Network
GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN GnosisDAO votes to invest further $4.8 million to fund HOPR's in-house development of private, uncensorable VPN
Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens Sky’s lending subDAO Spark targets up to $1.1 billion in direct exposure to Ethena’s USDe and sUSDe tokens
Unlocking DeSci: Ink Finance Provides Decentralized Funding Solutions to Reshape Financing and Governance Models Unlocking DeSci: Ink Finance Provides Decentralized Funding Solutions to Reshape Financing and Governance Models
Latest News More More
1 Day Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
1 Day Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
2 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
4 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
4 Days Ago Canada to launch spot Solana ETFs this week: report
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open