PANews reported on December 15th that Yala announced its redemption plan. The core of the redemption system is the YU-USDC redemption pool, which allows users toPANews reported on December 15th that Yala announced its redemption plan. The core of the redemption system is the YU-USDC redemption pool, which allows users to

Yala Announces Redemption Plan: The YU–USDC redemption pool is open for deposits today, with all redemptions to be completed by the end of 2026.

2025/12/15 20:20

PANews reported on December 15th that Yala announced its redemption plan. The core of the redemption system is the YU-USDC redemption pool, which allows users to deposit eligible assets and withdraw USDC at a 1:1 ratio, subject to monthly redemption limits. Users can redeem the following deposited assets for USDC at a 1:1 ratio: Euler Yala Frontier USDC vault tokens and YU tokens on the Ethereum mainnet (all other on-chain YU tokens must be bridged back to the Ethereum mainnet before redemption; redemption operations can only be performed in USDC). Deposits in the YU-USDC redemption pool will be open from 20:00 Beijing time on December 15, 2025. From January 2026, new USDC quotas will be injected into the redemption pool between the 15th and 25th of each month. Users can choose to withdraw USDC during the current month or withdraw it all at once later. By December 31, 2026, Yala will have completed all YU-USDC redemptions, based on the final outcome of the legal proceedings following the September 14th incident or an updated debt assessment. The team will promptly update the community on any changes arising from these legal proceedings or reassessments.

In November, Yala released an analysis report on the liquidity incident involving its YU token and planned to determine a clear recovery path and other solutions by December 15 .

Market Opportunity
YALA Logo
YALA Price(YALA)
$0.02399
$0.02399$0.02399
-2.67%
USD
YALA (YALA) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Share
CoinPedia2025/12/16 19:22
DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

The Dubai Multi Commodities Centre and Crypto.com have announced a partnership to explore on-chain infrastructure for physical commodities including gold, energy, and agricultural products. The collaboration brings together one of the world's leading free trade zones with a global cryptocurrency exchange, signaling serious institutional interest in commodity tokenization.
Share
MEXC NEWS2025/12/16 20:46
Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be

The post Why The Green Bay Packers Must Take The Cleveland Browns Seriously — As Hard As That Might Be appeared on BitcoinEthereumNews.com. Jordan Love and the Green Bay Packers are off to a 2-0 start. Getty Images The Green Bay Packers are, once again, one of the NFL’s better teams. The Cleveland Browns are, once again, one of the league’s doormats. It’s why unbeaten Green Bay (2-0) is a 8-point favorite at winless Cleveland (0-2) Sunday according to betmgm.com. The money line is also Green Bay -500. Most expect this to be a Packers’ rout, and it very well could be. But Green Bay knows taking anyone in this league for granted can prove costly. “I think if you look at their roster, the paper, who they have on that team, what they can do, they got a lot of talent and things can turn around quickly for them,” Packers safety Xavier McKinney said. “We just got to kind of keep that in mind and know we not just walking into something and they just going to lay down. That’s not what they going to do.” The Browns certainly haven’t laid down on defense. Far from. Cleveland is allowing an NFL-best 191.5 yards per game. The Browns gave up 141 yards to Cincinnati in Week 1, including just seven in the second half, but still lost, 17-16. Cleveland has given up an NFL-best 45.5 rushing yards per game and just 2.1 rushing yards per attempt. “The biggest thing is our defensive line is much, much improved over last year and I think we’ve got back to our personality,” defensive coordinator Jim Schwartz said recently. “When we play our best, our D-line leads us there as our engine.” The Browns rank third in the league in passing defense, allowing just 146.0 yards per game. Cleveland has also gone 30 straight games without allowing a 300-yard passer, the longest active streak in the NFL.…
Share
BitcoinEthereumNews2025/09/18 00:41