Neutron announces that NTRN redemption is now online, with the deposit window open until April 30
By: rootdata|2026/04/01 22:47:29
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The Cosmos ecosystem project Neutron announced that NTRN redemption is now live, allowing holders to permanently burn their NTRN in exchange for a proportionate share of the USDC pool.
The NTRN deposit window is from April 1 to April 30, with USDC redemption applications opening on May 1 and closing on June 30. The NTRN held by the foundation (estimated at about 32.4 million) will not participate in the redemption and will be burned.
Previously, the Cosmos ecosystem project Neutron announced it would transition to a long-term maintenance mode. The DEX and Supervault will be suspended and enter withdrawal-only mode by April 17 at the latest, with Hadron Labs responsible for network maintenance until June 30, 2026, after which a manual withdrawal guide will be released. Governance will transition from a custom system to a standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced.
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