Ethena Labs announces the redemption plan details for USDe Token holders.

Odaily News Ethena Labs published details of the redemption plan for USDe Token holders on the X platform. USDe Token holders can submit redemption requests by filling out an electronic exchange form. The crypto world must include the following information. ·Full name, address, email and/or phone number ·Your public blockchain address or wallet account ID for holding USDe Tokens, as well as the quantity of USDe Tokens (including small holdings) As proof of ownership of the USDe Token, please include any of the following: ·Wallet interface screenshot showing your USDe balance and public blockchain address. ·Or a signed message from a wallet holding USDe (for example, "I am submitting a USDe exchange request to Ethena GmbH"), including the public blockchain address and signature. · Or account statements (PDF / CSV) issued by the custodian provider, showing USDe balance and clearly identifying the account (e.g., account ID, username, or customer reference). ·Payment public blockchain address – same as the current holder's USDe address, or ·Another public blockchain address belonging to the same wallet/custodial account (same account ID) that stores USDe. After the redemption application is successfully completed and approved through the KYC/AML process, a confirmation email will be sent from the official source. This email will contain the redemption wallet address to which the USDe Token must be transferred. Once the USDe Token has been confirmed to be transferred to the designated redemption wallet address, Ethena will immediately pay USDC to the specified payment public chain address.

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