PANews reported on June 8 that according to official news, the Fantom Foundation announced that the fUSD exchange website and contract have been launched, and users now have 1 week to exchange USDC.e for fUSD at a ratio of 1:1 to unlock locked FTM positions. After a week, the official will liquidate all FTM positions with a collateral ratio below 300% and charge a 10% penalty, allowing all locked FTMs to be unlocked.
