The BitDAO community is one of the most recognized decentralized autonomous organizations – known as DAOs. BitDAO carries out its operations by allocating funds to ensure the constant development of the decentralized finance (DeFi) sector.
BitDAO achieves this objective through unwavering support to the DeFi projects and partners. They’re also committed to providing funds to BitDAO contributors for special development projects. These projects may include community management initiatives, a long-term BitDAO foundation, or a bespoke governance module.
The decisions to make every slated project work comes from the BitDAO voting system and proposal. As a result, all community members can benefit from the initiatives the company supports.
Meanwhile, Alameda Research, a leading trading company, has come under the investigation of BitDAO. This occurrence is regarding the BIT tokens the company believes…
