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Techub News, the savings token project Buck will gradually shut down its protocol and tokens, aiming to lay the foundation for the next phase of the project. Buck states that currently, the protocol's STRC and USDC reserves are intact and over-collateralized, and all token holders will receive a 100% refund.
The redemption window has officially opened today, with no time limit, and will remain open until all holders have completed their redemptions. This shutdown marks the end of the project's current phase, and the team reminds relevant users to promptly recover their assets through official channels to ensure the safe transfer of funds.