Fantom Foundation: fUSD exchange website and contract are now online, and the exchange will last for one week
Fantom Foundation announced on X platform that the fUSD exchange website and contract are now online. Users now have one week to exchange USDC.e for fUSD at a 1:1 ratio to unlock their FTM position.
After one week, the official will liquidate all FTM positions with a collateral ratio lower than 300% and impose a 10% penalty, allowing all locked FTM to be unlocked.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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