BitDAO raised over $ 246 million in 40 minutes.

Decentralized organization BitDAO raised 73,975 ETH and 848,070 SUSHI in 40 minutes, which is roughly $ 246 million or more Currently, 35% and 78.8% of ETH pool and 78.8% of SUSHI pool are still put up for auction. To do. BitDAO, a decentralized autonomous organization focused on financial development, announced earlier that it will announce the BIT token on the SushiSwap Launchpad MISO platform on August 16. The ad will accept the Dutch auction format and a total of 200 million BIT tokens will be auctioned from 1:00 p.m. on August 16 to 1:00 p.m. on August 30. Users can participate in competitions with ETH or SUSHI. Early participants can receive up to 40% additional drop in the form of a BIT-ETH SLP. At the same time, the proclamation does not apply to the United States and other countries, so participants must provide “representation and approval”.