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Neutron launches the NTRN redemption mechanism, with the deposit term running from April 1 to April 30

GateNews
Token Events
NTRN-7,52%
USDC-0,01%

Gate News, April 1, the Cosmos ecosystem project Neutron announced on the X platform that the NTRN redemption mechanism goes live today. Holders can permanently burn the NTRN they hold in exchange for their proportional share allocated from the USDC pool. The NTRN deposit window runs from April 1 to April 30. USDC redemption requests will open on May 1 and close on June 30. The NTRN held by the foundation (estimated at about 32.4 million coins) will not participate in redemption and will be burned.

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