Deep Tide TechFlow news. On May 06, Drift Protocol released an explanation of its redemption mechanism, stating that once the redemption window opens, users can redeem at any time. However, if they choose to redeem early, they will receive the corresponding share based on the current fund pool ratio, meaning the recovery value is lower than the full claim amount. Meanwhile, if holders delay redemption, they may obtain a higher redemption price as the size of the fund pool grows. The protocol emphasizes that this mechanism is designed to balance liquidity with the distribution of benefits for long-term holders.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin