# \[PASSED\] BIP-4: Swap BIT for FTT

**URL:** <https://discourse.bitdao.io/t/passed-bip-4-swap-bit-for-ftt/1026>\
**Category:** \[Curated Archive\] BitDAO treasury management\
**Created:** [October 19, 2021, 9:58am UTC](https://discourse.bitdao.io/t/passed-bip-4-swap-bit-for-ftt/1026 "2021-10-19T09:58:53Z")\
**Posts on this page:** 1\
**Showing post:** 6

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**Author:** ![shanjiefengyi-gxc](https://avatars.discourse-cdn.com/v4/letter/s/ac91a4/32.png) [@shanjiefengyi-gxc](https://discourse.bitdao.io/u/shanjiefengyi-gxc)\
**Post date:** [October 20, 2021, 1:57am UTC](https://discourse.bitdao.io/t/passed-bip-4-swap-bit-for-ftt/1026/6 "2021-10-20T01:57:11Z")

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- Such a huge amount of tokens are exchanged without any substantial plan to serve this purpose. I hope Alameda should come up with a feasible plan to help Bitdao become a better dao, not just a simple token exchange.

- Alameda should abide by the proposal rules and discuss for a while before going to snapshot voting. The community needs time to ask their questions and think about it in detail.

**So as far as the current proposal is concerned, I hope the community rejects this proposal.**

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_[View the full topic](https://discourse.bitdao.io/t/passed-bip-4-swap-bit-for-ftt/1026)._