This proposal, if passed, will approve the CP149: Migration of Centrifuge Governance Token (CFG) to EVM
This proposal seeks governance approval for migrating the Centrifuge governance token (CFG) to an EVM-compatible token standard. It builds upon CP 141, which introduced Centrifuge V3, a multi-chain, EVM-based protocol.
To align governance with Centrifuge V3, this proposal mandates k/factory to launch a new EVM CFG token and initiate the structured migration of existing CFG and WCFG tokens.
The current Centrifuge Chain CFG token will be deprecated along with WCFG and replaced by a new EVM-based CFG token, minimizing disruption for token holders through a transparent migration plan.
- Link to the proposal on GitHub: https://github.com/centrifuge/cps/blob/main/cps/CP149/CP149.md
- Link to the RFC on the forum: https://gov.centrifuge.io/t/cp149-migration-of-centrifuge-governance-token-cfg-to-evm/6810
Do you agree with this proposal?
Please vote Yes, No or Abstain.