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Movement Labs announces the postponement of the MoveDrop Airdrop and will advance governance reforms.
According to the Gate.io News bot, as reported by Wu, Movement Labs has announced the suspension of the originally scheduled MoveDrop Airdrop plan. The reasons for this delay include abnormal market making, the need to adjust the governance structure, and encountering serious Sybil Attacks.
The official has recovered a large number of abused tokens, which will be redistributed for community and ecological incentives after the Airdrop. The foundation is advancing governance reforms to strengthen security measures. The DeFi Spring ecological incentive activities will continue. The project team has apologized to users for the delay and stated that they will announce the specific arrangements for MoveDrop as soon as possible.