[Ducat Announces Protocol Closure, Opens Vault Asset Redemption] On October 26, Ducat announced the closure of its protocol and the commencement of the liquidation process. Holders of DUCAT in vested bonds, Pass rewards, staked tokens, and wallets can apply for redemption. Ducat has completed a snapshot of its holding addresses; users within the snapshot can redeem their vault assets proportionally. DUCAT purchased from liquidity pools after the snapshot is not eligible for redemption. Pass holders can still receive new emissions and sell tokens in liquidity pools.