The Aragon Association announces its dissolution, and ANT holders can exchange their tokens for ETH
ChainCatcher news, the Aragon Association under the DAO management platform Aragon has announced its dissolution. ANT holders can exchange ANT for ETH at a fixed rate of 0.0025376 ETH/ANT.
To this end, the Aragon Association is deploying 86,343 ETH to the redemption contract on the Ethereum mainnet. Due to legal restrictions, particularly regulatory risks arising from token speculation and market manipulation, this decision cannot be submitted to a public vote. In the future, the remaining funds will be used for product development to continue fulfilling its mission within a product-centric structure.
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