The proposal would let ACX holders exchange tokens for AcrossCo equity on a 1:1 basis or redeem for USDC during a six-month window if governance advances the plan.
Across Protocol proposed exploring a transition from its DAO (decentralized autonomous organization) and token structure to a U.S. C corporation, citing limits on enforceable contracts as institutional demand increases. Under the proposal, ACX holders could swap tokens 1:1 for AcrossCo equity or redeem them for USDC during a six-month window. The team said a formal governance vote could take place two weeks after the temperature check if community feedback is positive.