According to Wu, the treasury address of the NFT fragmentation protocol NFTX has transferred 252,000 NFTX and 36,000 FLOOR to the destruction address for destruction, with a total value of approximately US$7.07 million.
According to the XIP-56 proposal, NFTX will merge with FloorDAO to become a new NFT liquidity protocol Ælayer, and the NFTX and FLOOR tokens owned by the treasury will be destroyed.
The tokens held by community users will be converted into the new token FLAYER at the end of the third quarter. In October 2023, FloorDAO forked due to internal chaos.
