Hop DAO will sell hundreds of thousands of dollars in altcoins, which will soon be unlocked worth billions of dollars.
Hop DAO, the decentralized autonomous organization of the Hop protocol. 440 thousand dollars worth 209.251 Arbitrum (ARB) took action for its sale. It was stated that this rate corresponds to 25% of the entire ARB amount in DAO’s possession.
In the proposal presented to the community, it was emphasized that such an ARB sale was necessary to finance the protocol expenses and operation costs.
Offer made to the community by Hop DAO 85% around “YesIt was accepted with the vote. In total, seven delegates supported the sale, while one delegate abstained. However, the details of the offer include details about when the sale will be made. not included drew attention.
Arbitrum specific 16 March 04.00 CET As of today, the biggest lock opening in history will take place. $2.2 billion worth 1.12 billion units the entity will be unlocked. This situation is specific to altcoins. may create sales pressure is considered.
DeFi Project Decided to Sell One Quarter of Its Holds in the Popular Altcoin! The article titled was prepared by Tugay Erdem and published on koinbulteni.com.