According to Odaily, CityDAO, a decentralized land experiment organization, has opened a refund inquiry. The refundable amount reaches up to $3.076 million, and a total of 4,808 addresses can receive refunds.
In May, according to CityDAO CIP 212 proposal, the founders will withdraw from the multi-signature wallet, close bank accounts and CityDAO social media accounts, and completely withdraw from the operation of the DAO. The most responsible course of action is to return the funds to the donating citizens. This proposal was finally approved with a 92.64% approval rate.