Timing is the king.
Pre-mainnet is perfect
additional attention/ while getting to know about rebranding people will see what changes and so get more familiar with the structure.
Mantle sounds cool as an umbrella.
Let’s do it!
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I understand that now Mantle and BitDao are on the same train but after token conversion relationship will break apart?
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is there a unique token ?
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I think this is better for our future . Because the only relationship between $BIT and bybit recently, there are only investments left.
You should explain the direction and details of the new tokens. For example, $MANTLE the token will be on ERC-20 or Mantle network, the exchange ratio of $BIT and $MANTLE, etc.
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Yes, please unify the blockchain, token and brand under one name which is “Mantle”. This will make it simple and easy to understand for both old and new users of the platform.
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Why do we need to change ? Whats the purpose ?? We must Not Change a "Team that is doing great "
If things works, then let it that way please.
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Great questions, would also be interested in how such conversions could affect potential collateral usage as this would also be important to know w.r.t. [ARCHIVED] How Zero-Liquidation Loans can propel Mantle’s role as the World’s Leading Investment Organization
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This discussion has been converted to [BIP-21] Optimization of Brand, Token, and Tokenomics
Vote here.
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Sole brand will be required to make sure to show powerful stuff. More it will be helpful for team work and unification of communities.
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yes, name is so confusing. simple is best way for advertising
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支持这个提案，一个品牌一个代币能够更加凝聚社区的力量，使大家有个一致的目标，这样更加有利于推动社区蓬勃发展
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其实我也不怎么了解，但是我觉得品牌，代币统一更加有利于社区未来的发展，当然重塑品牌形象或许着力点更加提高，也会让更多的新人了解社区未来的设想
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I do not agree with this proposal, about development planning, redemption details, late operation, nothing program, let the community vote through, is simply immature, now it seems to go through a show, and the team control the number of votes, voting is simply meaningless
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I support this proposal. If you really think of the token holder as someone valuable and that this value generates prosperity for all, it would be a great path. Also simplifying concepts and branding to make general adoption easier as the proposal to merge the brands before the Mantle mainnet launch will help create a unified identity for the ecosystem. This will ensure that they can associate the token and its value proposition with the Mantle brand, reducing confusion and strengthening the image of the ecosystem. Also simplifying tokenomics and adopting a “One token, one token” principle makes it easier for users to understand the relationship between the token and the string. This can also help with token adoption, as users will have a clearer understanding of the token’s role within the ecosystem. Also, the proposal to expedite all BIP-20 contributions. This will benefit token holders.
In conclusion, I believe that this proposal is beneficial to the prosperity of token holders in the long term, as it simplifies branding, tokenomics and governance, while preserving the rights of token holders.
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I support this proposal however I just noticed that it was put together by the Mantle team. I only saw this at the last minute while opening a draft reply. I’m not sure I would have otherwise seen that. I am curious as to why the Mantle team isn’t a key contributer of the proposal I think that should be stated in the beginning or the title of the proposal.
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The Mantle brand is going to bring a lot of attention to BitDAO, and vice-versa. It was only a matter of time before this came to the table. Fully support all aspect of this proposal. I’m not sure I understand the concern I see in some of the other OP’s. Brand consolidation is paramount because it indicates organization, solidarity, and focus of intent. Mantle is a highly anticipated network launch with so many eyes on it. Rebranding to Mantle, which seems to be BitDAO’s primary focus, is a commitment to the efforts of the teams. The Mantle docs specifically state under the “Solving Data Availability” section: “…an implementation of which allows nodes to provide data availability services to the Mantle network, participate in Mantle’s economic model via $BIT staking. This ensures block data completeness and correctness on the Mantle execution layer, while simultaneously taking advantage of L1 security features. Another neat implication of this dual-quorum model would be increased staking utility for $BIT in addition to the governance capabilities it offers.” It’s clear that the $BIT token is imbedded in the Mantle operational ecosystem and functionality. This is the way. The proposal is comprehensive and considerate of both present and future holders of the token and participants in the DAO. Well done.
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For various reasons, I totally support this proposal. To begin with, integrating the brands prior to the Mantle mainnet release is a deliberate decision that will aid in the creation of a single identity for the ecosystem. Users, developers, and token holders will be able to link the token and its value proposition with the Mantle brand, minimizing misunderstanding and improving the ecosystem’s image.
Second, by simplifying tokenomics and adhering to the “One brand, One token” philosophy, users can better comprehend the relationship between the token and the chain. Users can better understand the value and purpose of the token when it is called after the chain, rather than having to explain what $BIT is and how it ties to the Mantle ecosystem. This can also aid in token adoption because users will have a better grasp of the token’s position within the ecosystem.
Furthermore, the plan to accelerate all BIP-20 contributions and BitDAO launch vesting timelines simplifies and predicts the token’s circulating quantity. Token holders will profit from this since they will no longer have to cope with the complexities of outstanding vesting schedules left over from the first BitDAO launch.
To summarize, I believe my approach is helpful to the long-term prosperity of token holders because it simplifies branding, tokenomics, and governance while retaining token holders’ rights. We can stimulate more user and developer engagement, facilitate Web3 adoption, and secure the long-term success of the Mantle Network and its associated products by creating a unifying ecosystem brand and token.
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Can we know what is the further relationship between bybit and bitdao after rebrand?
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I think this is better for our future . Because the only relationship between $BIT and bybit recently, there are only investments left.
You should explain the direction and details of the new tokens. For example, $MANTLE the token will be on ERC-20 or Mantle network, the exchange ratio of $BIT and $MANTLE, etc.
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모든 BIP-20 기여 및 BitDAO 출시 베스팅 일정을 가속화하기 위한 제안은 토큰의 순환 공급을 단순화하고 더 예측 가능하게 만듭니다. 이는 원래 BitDAO 출시에서 물려받은 미해결 베스팅 일정의 복잡성을 처리할 필요가 없기 때문에 토큰 보유자에게 도움이 될 것입니다.
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