CityDAO, a decentralized land experiment organization, has opened a refund inquiry, marking a significant milestone in its journey. The refundable amount reaches up to $3.076 million, and a total of 4,808 addresses can receive refunds. This move is a testament to the organization's commitment to transparency and accountability.

The refund inquiry is a direct result of CityDAO's CIP 212 proposal, which was approved with a 92.64% approval rate. According to the proposal, the founders will withdraw from the multi-signature wallet, close bank accounts, and CityDAO social media accounts, and completely withdraw from the operation of the DAO. This decision was made to ensure the organization's funds are returned to the donating citizens, who have been instrumental in the DAO's success.

The refund inquiry is a significant development for CityDAO, as it marks the end of an era for the organization. The founders' decision to withdraw from the DAO and return the funds to the donors is a responsible and transparent move, demonstrating the organization's commitment to its citizens.

The refund inquiry is also a testament to the power of decentralized governance, which allows citizens to have a say in the decision-making process. The approval of the CIP 212 proposal is a clear indication that the citizens of CityDAO are committed to the organization's values and principles.

In conclusion, CityDAO's refund inquiry is a significant milestone in the organization's journey. The return of the funds to the donating citizens is a responsible and transparent move, demonstrating the organization's commitment to its citizens. The refund inquiry is also a testament to the power of decentralized governance, which allows citizens to have a say in the decision-making process.