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Neutron has launched NTRN redemption, with a deposit period from April 1 to April 30.
Odaily Planet Daily reports that the Cosmos ecosystem project Neutron posted on the X platform to announce that NTRN redemption is now live. Holders can permanently burn their held NTRN to receive pro-rata shares allocated from the USDC pool. The NTRN deposit window runs from April 1 to April 30, and USDC redemption requests will open on May 1. USDC redemption requests will close on June 30. The NTRN held by the foundation (estimated at about 32.4 million tokens) will not participate in the redemption and will be burned.