Across Protocol Votes on DAO-to-Corporation Transition
Across Protocol Votes on DAO-to-Corporation Transition
🌉 DAO or Corporation?
Across Protocol has launched a formal vote on transitioning from a DAO structure to a U.S. C corporation.
Key Details:
- $ACX token holders can exchange tokens for equity or accept a buyout
- Voting window: 7 days
- Proposal follows a March temperature check exploring the structural change
What This Means: The proposal represents a significant shift from decentralized governance to traditional corporate structure. Token holders must decide whether to convert their governance tokens into company equity or exit via buyout.
The Bridge Across: ACX Token-to-Equity Exchange & Buyout Proposal is now live. This proposal seeks approval to transition Across Protocol from a token-based DAO structure to a U.S. C corporation. $ACX token holders have 7 days to vote. Vote here: snapshot.org/#/s:acrossprot…
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