Neutrl opens NUSD redemption at $0.51, a ~49% haircut, requiring release of claims

Holders of funds on Neutrl can now redeem NUSD for USDC at $0.51, roughly a 49% haircut, with redemption requiring holders to sign a broad release of claims against the project. Holders may instead keep NUSD or sNUSD, which risk becoming worthless.

Detected & updated continuously · Source: Nebula