VitaDAO distributed 6.9 million BIO token proposal rejected

DailyNews

2025-01-09 12:55:08

BIO-1,1%

PANews reported on January 9th that the proposal submitted by VitaDAO community to distribute 6.9 million BIO Tokens to VITA and VITA IPTholder has been rejected. Based on the proposal, the allocation plan is to allocate 5.52 million BIO to VITA holders, 1.38 million BIO to VITA IPT holders, using multiple snapshots and tiered mechanisms to ensure fairness, and planning to implement it between January and March 2025. However, the proposal failed to gain community support.

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