As a reminder, by default Foundations don't disclose when, how much and why they move tokens around. Just check and verify for yourself.
But. Movement is held to a higher scrutiny and standard, from others but most importantly ourselves. We keep moving.
Movement Network Foundation Update
We want to provide transparency regarding tokens from our buyback wallet.
It’s been 4 months since our buyback commitment has been fulfilled.
We will begin to transfer some tokens from the $MOVE Strategic Reserve on Ethereum Mainnet to the $MOVE Strategic Reserve on the Movement Network to support ecosystem projects and incentives.
Here’s the Movement Network Strategic Reserve address: 0xec8af8edebacc7c5e47be3db7dbeb30a70c5045742b3e14f99a8f68dcb1d3195
As a reminder here’s the Ethereum Strategic Reserve address:
0xA14C8e3eBb2Da43d027dC2c1b763387B9D59cACe
Note: *We also periodically send ERC-20 $MOVE to exchanges in order to replenish and rebalance token supply to re-enable withdrawals.
We are committed to building The People's Chain with visibility to our community.
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