The Aragon Association has announced its dissolution, and ANT holders can exchange their tokens for ETH.
BlockBeats reported on November 3rd that the Aragon Association, a DAO management platform, announced its dissolution. ANT holders can exchange their tokens for ETH at a fixed rate of 0.0025376 ETH/ANT. To facilitate this exchange, the Aragon Association is deploying 86,343 ETH to the redemption contract on the Ethereum mainnet. Due to legal restrictions, particularly the regulatory risks associated with token speculation and market manipulation, the decision cannot be put to a public vote. Going forward, the organization will continue to fulfill its mission within a product-focused structure and allocate the remaining funds towards product development.