BitDAO has passed the MIP-22 proposal, which will support 1:1 one-way conversion of BIT and MNT

BitDAO has voted through the MIP-22 proposal, which includes that the Mantle token MNT should include "upgradeability" and "minting" functions similar to ARB and OP; the one-way conversion ratio of BIT to MNT is 1:1; The Mantle Core Contributor Team will be empowered to determine the best timing and sequence for the delisting of BIT tokens, listing of MNT tokens, opening of the conversion channel, and the mainnet of the Mantle network; establishing a temporary conversion library to provide support for the token creation and conversion process Support; establish MNT/ETH liquidity pool.