PANews reported on November 28th that, according to a Yala announcement, all native BTC held under the institutional model will be phased out of the protocol. However, because some assets are locked in the Euler pool, YBTC will not be completely destroyed, and the associated YU will not circulate. This operation will not affect retail users' balances or redemption rights. Detailed redemption plans will be announced on December 15th. Yala will shift its focus to AI-driven prediction modules and update its development roadmap.PANews reported on November 28th that, according to a Yala announcement, all native BTC held under the institutional model will be phased out of the protocol. However, because some assets are locked in the Euler pool, YBTC will not be completely destroyed, and the associated YU will not circulate. This operation will not affect retail users' balances or redemption rights. Detailed redemption plans will be announced on December 15th. Yala will shift its focus to AI-driven prediction modules and update its development roadmap.
Yala initiates institutional BTC exit process and announces preliminary announcement of retail user redemption plan on December 15.
PANews reported on November 28th that, according to a Yala announcement, all native BTC held under the institutional model will be phased out of the protocol. However, because some assets are locked in the Euler pool, YBTC will not be completely destroyed, and the associated YU will not circulate. This operation will not affect retail users' balances or redemption rights. Detailed redemption plans will be announced on December 15th. Yala will shift its focus to AI-driven prediction modules and update its development roadmap.
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