Same news in other sources
118 Sep 2023, 20:12
"On the Initiation of the New Growth Phase" proposal executed, tokens sent as collateral
On September 14, 2023, $EVER DAO approved the proposal to allocate 312,121,362 EVER as collateral for an $8M loan payable by February 28, 2025.
The tokens have now been sent to a multisig address with a controlling number of representatives from #Everscale. The funds will be returned to their addresses of origin on February 28, 2025.
The #DeFi Alliance will continue working on the development of Everscale in Southeast Asia and Oceania, as well as on the other tasks outlined in the proposal.
🔗
"On the Initiation of the New Growth Phase" proposal executed, tokens sent as collateral.
"On the Initiation of the New Growth Phase" proposal executed, tokens sent as collateral
On September 14, 2023, $EVER DAO approved the proposal to allocate 312,121,362 EVER as collateral for an $8M loan payable by February 28, 2025.
The tokens have now been sent to a multisig address with a controlling number of representatives from #Everscale. The funds will be returned to their addresses of origin on February 28, 2025.
The #DeFi Alliance will continue working on the development of Everscale in Southeast Asia and Oceania, as well as on the other tasks outlined in the proposal.
🔗 https://t.co/JY6jmr8Q0D