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On October 24, Aragon publicly disclosed its strategic decision to allocate a significant portion of its liquidity towards enabling all Aragon (ANT) token holders to exchange their holdings for Ethereum (ETH). The predetermined exchange rate is set at 0.0025376 ETH/ANT. In a collaborative effort, Binance has committed to facilitating the ETH redemption process for users who have ANT stored in their Binance accounts. This transition will commence at 07:59 AM ET on October 28, 2024.
Post the specified time on October 28, holders of ANT will see their balances adjusted, receiving the equivalent ETH before 07:59 AM ET on November 9, 2024. Users hesitant to partake in this initiative are advised to withdraw their ANT tokens before the cutoff to avoid forfeiting their assets. This move reflects Aragon’s commitment to enhancing user liquidity while enabling a seamless transition for its community during this pivotal time.
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