.@virtualbacon: "There are specific structures, timelines, mechanisms, and even lock addresses, that if they don't go live for three months, then people will know. So clearly there is an actionable plan here, not just empty promises."
The restructuring proposal needs community backing to move forward. It becomes a plan when the community supports it.
@dahongfei: "I want to put it in the open for the community to know the whole design, the whole structure, the whole intention of this restructuring."
Now live: $NEO and $GAS
@Neo_Blockchain is an open-source blockchain platform with a dual token model: NEO governs the network while GAS pays for transaction fees and smart contract execution.
Start trading today → https://t.co/winNASbbKP
Neo's governance reset was designed to put real power in the hands of NEO holders.
@virtualbacon: "I really like the part how all of these entities are basically being voted on by the token holders. This is very different from a typical DAO structure where the token holder only controls the DAO, but the entity itself is kind of closed doors, just a board that votes by itself. This is the first one I've seen where everything votes from the token holder level."
Full proposal is public, read it and challenge it.
Neo has officially partnered with @LayerZero_Core.
Powered by LayerZero’s permissionless infrastructure, Neo X is now connected to a broader multi-chain ecosystem spanning 170+ chains, enabling seamless cross-chain interactions, liquidity flow, and composable applications.
AI agents can now move, act, and coordinate across networks, powering a truly humanless, cross-chain future.
Neo BD Update on Apr 9th
- For the cross-chain, LayerZero
The official contracts have been deployed on the Neo X TestNet.
Cross-chain testing for token and NFT assets has been successfully completed, with remaining tests to be carried out shortly.
- For the stable coin, USD1
Technical documentation has been submitted, and discussions with USD1’s infrastructure service providers have commenced.
.@dahongfei has published a full restructuring proposal for the Neo Foundation.
The plan moves governance from founder dependence to tokenholder sovereignty. Five measures: foundation redomicile, governance redesign with an independent Supervisor, Giveback II returning 49.5M NEO to the community, staked voting replacing the current liquid model, and full asset consolidation under one treasury.
12-month implementation timeline. All commitments are public and verifiable.
The community is invited to review, challenge, and improve this proposal.
.@dahongfei has published a full restructuring proposal for the Neo Foundation.
The plan moves governance from founder dependence to tokenholder sovereignty. Five measures: foundation redomicile, governance redesign with an independent Supervisor, Giveback II returning 49.5M NEO to the community, staked voting replacing the current liquid model, and full asset consolidation under one treasury.
12-month implementation timeline. All commitments are public and verifiable.
The community is invited to review, challenge, and improve this proposal.
2017: NEO gave back to ICO investors. Now @dahongfei is going further.
"We still have over $200M in Bitcoin and stablecoins. We're going to decentralize the management, make it transparent, make it multisig. That's the direction I want to go."
$200M+ treasury moving to multisig and full transparency.
Today, the Hong Kong–based CPA firm conducted review procedures at NGD as part of its independent Agreed-Upon Procedures (AUP) engagement.
A report covering NGD’s major crypto assets (~$193M) as of March 30, 2026 is expected within approximately 3 weeks.
Single-sig treasury custody.
@dahongfei called it out directly: "Not safe and not proper."
So we're fixing it - multisig, decentralized management, public timeline.
@VirtualBacon said: "The single-sig issue needs to be solved. The fact that Da is putting a timeline on this and wants to come public it's actually really nice. It's also removes a lot of uncertainty in the community. It's a receipt the community can keep."
$5.2M seed into $461M treasury. 1,100+ BTC. $100M cash.
@KyleChasse: "it's really healthy. A lot of the guys from those days aren't around anymore."
Most didn't make it past 2018. Neo is still here.