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Movement is transferring back to a CEX the 50 million MOVE tokens bought back.

🗳️ Move Token Holders: Becoming Self-Governance Decentralization is key in the modern Blockchain. Projects based on Move Token use a DAO (Decentralized Autonomous Organization) system, where every token holder can directly vote on the governance, standards, and future direction of the project. 1. Ownership and Governance through a DAO System Move Token = Voting Power: Owning a token grants you the right to participate and vote in the DAO. The more tokens you have, the more decision-making power you have. Co-Ownership and Management: Token holders are no longer just users of the project, but co-owners and managers. 2. Key Decisions Move Token holders can make decisions on the following important issues: Technology Upgrades: Changes and upgrades to the Blockchain or Smart Contract systems. Financial Management: Decides how the project’s treasury will be used. Governance: Defines the rules and voting rules for the DAO. 3. Transparency The DAO system provides complete transparency. All voting and decisions are recorded on the Blockchain, which can be verified by anyone. This reduces the trust issues that arise from centralization. Holding a Move Token, in addition to its monetary value, also gives you the democratic right to decide the fate of the project. Such direct participation strengthens Move-based projects and creates lasting trust.

Movement Foundation: will transfer a portion of the tokens from the #Ethereum mainnet MOVE Treasury Reserve to the native chain

🚀 LayerBank & Move 2.0: The driving force behind MOVE Token Utility The long-term value of the Movement (MOVE) Token is largely driven by the utility it gains from the LayerBank integration and the Move 2.0 upgrade. These developments have transformed MOVE from a simple gas token to an ecosystem powerhouse. 1. LayerBank Integration: DeFi and Cash Flow LayerBank is an omni-chain lending protocol, and its integration into the Movement Ecosystem will enable the following: Cross-Chain Access: Liquidity from other Blockchains will easily enter the Movement Network. MOVE Demand: MOVE Tokens will be required to pay gas fees for these cross-chain transactions and DeFi activities (lending, transferring). This will directly increase demand. 2. Move 2.0 Upgrade: Strong Technology Base Move 2.0 enhances the Smart Contract Language, aiming for long-term robustness. Security and Developers: Move 2.0’s higher Smart Contract Security attracts developers and encourages the proliferation of innovative DApps in the ecosystem. Governance Utility Strengthening: The transformation to Layer 1 requires the use of the MOVE Token for Staking and Governance Votes for the Validator-based Security System, which strengthens the governance utility of MOVE. LayerBank immediately enhances the Payment Utility, and Move 2.0 reinforces the secure and sustainable Governance Utility. Combined with these technological advancements, the MOVE Token will become a valuable asset that transcends market volatility and represents the true growth of the Network.