On June 8, the Fantom Foundation announced on the X platform that the fUSD exchange website and contract have been launched, and users now have one week to exchange USDC.e to fUSD at a 1:1 ratio to unblock their locked FTM positions.
After a week, the official will liquidate all FTM positions below the 300% collateral ratio and charge a 10% penalty, allowing all locked FTMs to be unlocked.
Fantom Foundation: The fUSD exchange website and contract are online, and the exchange lasts for a week
2024-06-08 03:35:41
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