Neutron announces that NTRN redemption is now live, with the deposit window open until April 30th.

CoinNetwork · 2026-04-01T18:44:24+00:00

Cosmos ecosystem project Neutron announces the launch of NTRN redemption, allowing holders to burn NTRN in exchange for USDC shares. The redemption window is from April 1 to April 30, with USDC applications opening on May 1 and closing on June 30. NTRN held by the foundation will be burned. The project will transition to a long-term maintenance mode, with Hadron Labs responsible for maintenance until 2026.

CoinNetwork

2026-04-01 18:44:24

Abstract generation in progress

Cointelegraph news, April 1, the Cosmos ecosystem project Neutron announced that NTRN redemption is now live. Holders can permanently burn the NTRN they hold in exchange for their pro-rata share in the USDC pool. The NTRN deposit window runs from April 1 to April 30, and USDC redemption requests will open on May 1 and close on June 30. NTRN held by the foundation (estimated at about 32.4 million tokens) will not participate in the redemption and will be burned. In a prior announcement, the Cosmos ecosystem project Neutron said it would transition to a long-term maintenance mode. DEX and Supervault will, at the latest, pause by April 17 and enter a withdrawal-only mode. Hadron Labs will be responsible for network maintenance through June 30, 2026, after which it will release manual withdrawal guidelines. Governance will transition from the custom system to the standard Cosmos staking model, inflation will be dynamically adjusted, and the validator set will be reduced.

NTRN180.14%

USDC-0.02%

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