On September 24, 2024, all ANT holdings will be converted to ETH as part of the ANT Redemption Initiative. Anchor will subsequently delist ANT from our platform.
Here is what you need to know:
- On September 24, 2024, all trading, deposits and withdrawals for ANT will be discontinued.
- On October 2, 2024, all of your ANT holdings will be automatically converted to ETH. ANT will be subsequently be delisted from our platform, meaning it will no longer be visible on the explore page, or in your portfolio.
Why is this happening?
In November 2023, The Aragon Association announced the ANT Redemption Initiative, a program that allows ANT holders to redeem ETH at a fixed rate. In Accordance with this initiative, this automatic migration ensures that you are able to receive commensurate value for your ANT tokens.
How will the migration work?
At the time of migration, your ANT balance will be automatically converted, and you will be issued a commensurate amount of ETH tokens at a rate of 1 : 0.0025376.
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