🔔Community Notice: Financial Update

Proposal to transfer 50 million $PHA from the treasury to facilitate the transition from Khala to ERC20 $PHA tokens.

1 ⃣ These funds will ensure the security and efficiency of the token conversion process.

2 ⃣ They will only be used to move tokens between networks/exchanges, not for trading.

3 ⃣ All transactions will be recorded on-chain for complete transparency.

4 ⃣ Once this process is complete, any unused funds will be returned to the treasury.

📜 For details, see here khala.subsquare.io

The management of this process will prioritize security and transparency.

Let’s work together to ensure a smooth transition! 🙏