ACX Token Surges 70% Following DAO Dissolution Proposal

Risk Labs has put forward a proposal to dissolve the DAO governing Across Protocol, offering ACX token holders a choice between a 1:1 equity swap or receiving USDC at a rate of $0.04375 per token. According to NS3.AI, the announcement led to a 70% increase in ACX's value, reaching $0.06. However, this proposal is currently a preliminary measure and will require a formal vote by the DAO members. If approved, a redemption window lasting six months is anticipated to commence within three months of the proposal's passage.