On June 8, the Fantom Foundation announced on the X platform that the fUSD exchange website and contract have been launched, and users now have one week to exchange USDC.e to fUSD at a 1:1 ratio to unblock their locked FTM positions. After a week, the official will liquidate all FTM positions below the 300% collateral ratio and charge a 10% penalty, allowing all locked FTMs to be unlocked.