stUSDT Winds Down With May 2027 Redemption Deadline
Holders must unstake and claim USDT as rebase rewards end on Nov. 14, with late requests moving to monthly support batches.
The stUSDT protocol is winding down its operations, establishing a final redemption deadline of May 2027, according to TheDefiant. Rebase rewards for holders are scheduled to end on November 14.
Redemption Process
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Under the wind-down plan, token holders must manually unstake their assets and subsequently claim USDT. The protocol announced that any redemption requests submitted after the initial phases will be processed through monthly support batches.
Key Facts
- stUSDT has set a final redemption deadline for May 2027.
- Rebase rewards for the protocol conclude on November 14.
- Late redemption requests will be handled via monthly support batches.
Source: thedefiant.io
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