Hi It's Unicorn

BitDAO is a decentralized autonomous organization which is one of the world’s largest DAOs supported by Peter Thiel, Founders Fund, Pantera, Dragonfly, Spartan, Bybit, etc.

BitDAO’s vision is to open finance and a decentralized tokenized economy. BitDAO provides funds to develop the DeFi economy by developing DeFi products and supporting other DeFi projects. BitDAO hopes these supports can be in the form of research and development, liquidity bootstrapping and funding. BitDAO aims to level the playing field for every person in the world which is managed by holders of BIT tokens and all decisions will be made through the BitDAO proposal and voting system.

The max supply of BIT tokens is fixed at 10 billion tokens, and its distribution ratio is as following:

✓ 30% will be held by the treasury to promote ecosystem swaps.

✓ 5% will be allocated through private sale.

✓ 5% will be provided as a reward to the launch partner.

✓ 60% will be allocated to Bybit to establish an R&D center to support BitDAO and support the growth of Bybit; meanwhile, it also helps BitDAO's fund to grow.

15% of the token is flexible that can be used immediately, and the remaining 45% of the token supply will be locked for 12 months and gradually released within 2 years after the end of the lock-up period.