ACX Token Deprecation: Across Protocol Closes Exchange Options January 8
Across Protocol has announced that it will be deprecating its ACX token, stripping it of all governance, utility, and economic function.
This move affects both the equity and USDC exchange options, which are set to close on the same day as the deprecation.
Holders who intend to exchange their ACX tokens for these alternatives must do so before the deadline, as no guaranteed conversion rate will be available afterward.
The deprecation of the ACX token effectively renders it worthless, resulting in a loss of value for unexchanged holders.