Ducat On-Chain Treasury Protocol Gradually Closes and Opens Treasury Redemption

The Ducat on-chain treasury protocol team has decided to gradually close the protocol. The protocol design includes a price floor mechanism, and during the closure process, the team will demonstrate that Ducat is fully backed by the treasury. The official snapshot of holders has been taken, and eligible holders can redeem the fair value corresponding to the treasury without a cooling-off period. Tokens purchased from the liquidity pool after the snapshot will not be eligible for redemption.

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