TechFlow news, on October 16, according to a MetaDAO proposal, user Proph3t has proposed representing MetaDAO to sell up to 2 million META tokens at market price or premium. The new proposal plans to mint 2 million new META tokens with a 30-day execution period. All sales proceeds will be deposited into the MetaDAO treasury, and unsold tokens will be burned.
All sales will be publicly disclosed within 24 hours, including counterparty, size, and price. Lock-up and vesting terms will be determined solely by Proph3t. The proposal is currently under vote.
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