Bybit Co-Founder Proposes Layer1 Network with $BIT as the Native Token

Bybit co-founder Ben Zhou has released a new proposal in the BitDAO community that proposes a Layer1 network with $BIT as the native token. The Layer1 network would be EVM-equivalent and is planned to be optimized for high-throughput EVM DApps, DAO governance, tokenomics, bridging, and more.