Across Protocol plans to gradually shut down $ACX , with the goal of completing the exit after January 8, 2027. Nothing particularly unusual here, but their buyback is pretty interesting: holders can redeem for AcrossCo equity or USDC at an agreed $0.04375/ACX. The minimum participation threshold is about 250K ACX, and it requires KYC.
Compared with a traditional buyback, this is more like setting up a conversion channel between token holders and company equity. I think this attempt by Across is meaningful for many protocols that have a disconnect between company operations and token value capture.
If you hold enough ACX, A-Jian recommends you check the official portal now—review the KYC requirements, the deadline, and the share class—to aim for a decent exit.
Compared with a traditional buyback, this is more like setting up a conversion channel between token holders and company equity. I think this attempt by Across is meaningful for many protocols that have a disconnect between company operations and token value capture.
If you hold enough ACX, A-Jian recommends you check the official portal now—review the KYC requirements, the deadline, and the share class—to aim for a decent exit.