🔔Community Notice: Treasury Update
A motion for a 50M $PHA transfer from the treasury has been proposed to facilitate the transition from Khala to ERC20 $PHA tokens.
1⃣ The funds will ensure a safe and efficient token conversion process.
2⃣ They’ll only be used for moving tokens between networks/exchanges, not for trading.
3⃣ All transactions will be recorded on-chain for full transparency.
4⃣ The unused funds will be returned to the treasury once the process is complete.
📜Details here https://t.co/aAUuhDEy24
This process will be managed with safety and transparency as top priorities.
Let’s ensure a smooth transition together! 🙏