Kudoe DAO Update. KIP-04 has been successfully passed and implemented. What does that mean.
17 Jul 2023, 13:40
🏛 Kudoe DAO Update
✅ KIP-04 has been successfully passed and implemented!
What does that mean❓
The ownership of the $KDOE Contract has now been transferred to a multi-sig time locked contract.
Every change to the transaction now requires 3 signatures before a function is called.
Once a function change is called, it will now take 12 hours before the function is excecuted on the blockchain. This was decided by $KDOE holders through the DAO.
You can view all pending contract activity using OpenZepplin defender
👇👇
✅ Referendum to lower the tax on BSC KDOE has failed to pass, however the team has taken the necessary actions to address the proposal concerns.
You can now use BSC $KDOE to vote, and create referendums through the DAO without swapping it to Ethereum or staking.
Read full details 👇