EXIT HOUSE launches on Ethereum, letting holders swap unwanted NFTs and tokens for EXIT

The protocol went live on Oct. 9 at 18:27 UTC, opening a 30-day Launch Month in which each exit pays 1,000 EXIT per $1 of qualifying value, dropping to 100 EXIT per $1 afterward. Eligible assets are burned or sent to a dead address, with a 2% ETH fee on top of gas. EXIT has a fixed 10 billion supply, with 45% allocated to exit rewards. Holders can stake for terms of 7 to 360 days. The protocol is governed by a multisig behind a 48-hour timelock.

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