Gate News, March 11 — Across Protocol has proposed a temperature check to explore transforming the existing DAO and token structure into a U.S. C Corporation and equity structure. Under this plan, the new entity AcrossCo will become the operating company of Across Protocol. ACX token holders can choose to exchange their tokens for equity in AcrossCo at a 1:1 ratio or redeem ACX for USDC at the average market price over a one-month window within six months. Larger holders can directly convert to equity, while smaller holders can participate through a free special purpose entity structure.
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