Odaily Planet Daily News Fantom ecological DEX project SpiritSwap community voted for a proposal on August 16, which has reached the quorum requirement for voting.
According to the proposal, SpiritSwap plans to transfer the project to POWER, another DEX project built on Fantom. POWER will deploy 200,000 USDC to the SpiritSwap treasury.
Nzaru, general manager of SpiritSwap, said that the new team will be determined and trained by August 30.
It is reported that on August 9, SpiritSwap announced that due to the financial depletion caused by the Multichain incident, the project has no funds to support daily operations. SpiritSwap is looking for a new team to take over the project. day outage. (Cointelegraph)
According to previous reports, SpiritSwap released a proposal, suggesting that POWER, the Fantom ecological project, take over SpiritSwap. SpiritSwap stated that POWER has more than $1 million in liquid assets on multiple chains and has formed a community of thousands of loyal members, investors and NFT holders. In addition, the POWER team includes developers, customer/financial managers, business owners, and customer service experts to efficiently operate SpiritSwap.