Across's new proposal suggests changing the protocol structure from "DAO + token" to that of the US-based C-corp.

CoinFeed reported on March 12th that a new proposal from the Across community suggests transforming the protocol from a "DAO + token" structure to a US-based C-corp structure, achieved through token-for-equity swaps and token buyouts. According to the proposal, the newly formed US C-corp will hold all intellectual property rights to the protocol and be responsible for managing development, partnerships, and commercialization. ACX holders can choose between two options: exchanging ACX for AcrossCo equity at a 1:1 ratio, or selling ACX for USDC at $0.04375 per share (a 25% premium over the previous 30-day average price). The token buyout window will last for six months. The proposal further emphasizes that the newly formed US C-corp will hold all intellectual property rights to the protocol and be responsible for managing development, partnerships, and commercialization.