TechFlow news: Alameda Research has submitted BIP-4 proposal to BitDAO, applying to swap FTX exchange token FTT with BitDAO's governance token BIT. The specific amount is 100 million BIT (approximately 1% of total supply) for 3.36 million FTT (approximately 1% of total supply), valued at around $180 million. The proposal also suggests both parties publicly commit not to sell each other's tokens within three years. Voting on this proposal will begin on October 20 and end on October 30.
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