The Fantom Foundation has made a significant announcement, launching its fUSD exchange website and contract on platform X. This development marks a major milestone for the foundation and its users, providing them with more flexibility and control over their FTM positions.

The launch of the fUSD exchange website and contract allows users to exchange their USDC.e for fUSD at a 1:1 ratio, which will unlock their locked FTM positions. This is a significant opportunity for users to regain control over their FTM positions, which were previously locked due to the collateral ratio. The foundation has given users a one-week period to complete the exchange, after which it will liquidate all FTM positions that are below a 300% collateral ratio and impose a 10% penalty.

This move is a crucial step in the development of the Fantom Foundation, as it allows users to regain control over their FTM positions and unlock their locked assets. The foundation's decision to launch the fUSD exchange website and contract demonstrates its commitment to providing its users with more flexibility and control over their assets.

The launch of the fUSD exchange website and contract is a significant development for the Fantom Foundation and its users, as it provides them with more options for managing their FTM positions. The foundation's decision to impose a 10% penalty on FTM positions that are below a 300% collateral ratio is a necessary step to ensure the stability of the platform and the security of its users' assets.

In conclusion, the launch of the fUSD exchange website and contract by the Fantom Foundation is a significant development for the platform and its users. The move allows users to regain control over their FTM positions and unlock their locked assets, providing them with more flexibility and control over their assets. The foundation's commitment to providing its users with more options for managing their FTM positions is a testament to its dedication to the success and stability of the platform.