BitDAO Collaborates With Sushiswap

BitDAO is one of the world’s largest DAOs (Decentralized Autonomous Organization). Its vision is open finance and a decentralized tokenized economy. ‌BitDAO is a protocol governed by BIT token holders.

BitDAO is thrilled to announced its collaboration with Sushiswap to launch its native token $BIT on Miso Launchpad for auction event.

DETAILS:

• Limited amount of 200M BIT tokens available (Dutch auction)
• Participate with ETH, or participate with SUSHI
• Up to 40% bonus airdrop (early participants receive more)
• Not available for U.S. and other restricted jurisdictions
• Participants need to provide “Representations and Warranties” (MISO pop-up)

MISO AUCTION DETAILS

• Auction start: August 16th 13:00 UTC
• 180M BIT tokens available using ETH (link to auction)
  — Starting Price: 0.0006325 ETH (~$2.00)
  — Reserve Price: 0.0003795 ETH (~$1.20)
• 20M BIT tokens available using SUSHI (link to auction)
  — Starting Price: 0.2000 SUSHI (~$2.00)
  — Reserve Price: 0.1200 SUSHI (~$1.20)
• Auction end: August 30th 13:00 UTC (participants can claim only after)
• Airdrop bonus available — early bidders can receive up to 40% airdrop bonus

AIRDROP BONUS

• Bonus will be in the form of BIT-ETH SLP based on final price
• SLP will be staked for 90 days, then airdropped after
• Earlier participants receive a larger airdrop

BitDAO is owned and governed by BIT token holders, with the following actions executed only after a successful proposal and vote:

• token swaps with existing and emerging projects.
• treasury allocation into various strategies.
• liquidity support for partner projects.
• grants or milestone rewards to development teams and R&D centers (to build BitDAO products, or support partner products).
• grants to blockchain technology projects, education programs, or other blockchain public goods.
• updates to BitDAO core protocols (including governance and treasury management functions).

$BIT is an Ethereum based token that has proposal and voting power in the BitDAO governance module.

ABOUT BitDAO
BitDAO aims to use its significant financial and talent resources to foster and invest in innovation, collaboration, and growth across Decentralized Finance. BitDAO is a protocol governed by BIT token holders.

ABOUT MISO 
MISO is a standardized, one-click launchpad to launch new project on the SushiSwap exchange. MISO aims to drive diverse projects (social tokens, utility tokens, NFTs, etc.) to the exchange with the most user-friendly and capital efficient manner for both technical and non-technical project founders. Projects launched through MISO and traded on Sushiswap will also enjoy suite of other product support Sushi provides.

RESOURCES
Medium