Buck Protocol Announces Closure, Holders to Receive Full Redemption

BUCK-3.09%
USDC0.01%

Gate News message, April 18 — Buck protocol and its token announced a smooth shutdown effective immediately, paving the way for the next phase of project development. The protocol confirmed that all holders will receive 100% capital returns, with STRC and USDC reserves fully backed and in an over-collateralized state.

The redemption window opened today with no time limit, allowing holders to redeem their assets at any time until all participants have completed the process.

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