TechFlow reports that Mantle DAO has released a proposal stating there is no guaranteed migration right between its token $MNT and $BIT. Due to various disqualifying factors, $BIT tokens held by FTX should not be automatically converted into $MNT tokens.
The proposal includes the following points:
- Suspend the current online migration smart contract.
- Implement a new $MNT migration smart contract or migration service that can restrict automatic migration of $BIT tokens held by the FTX Group.
Note: The online migration contract has already been suspended prior to the conclusion of this discussion and vote.
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