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Neutrl Opens NUSD and sNUSD Redemptions, X User Claims Rate is Around 50%
Neutrl has opened a redemption portal for NUSD and sNUSD holders, with redemptions processed at a fixed rate based on previously disclosed liquid reserves. Users will receive USDC, and the redeemed tokens will be burned. The program is expected to remain open until November 14, 2026. One X user claimed the current redemption rate is around 50% and requires a liability waiver.
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Source：X@WuBlockchain · Source Link
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