According to CoinMeta, on October 26th, Ducat announced the closure of the protocol and the initiation of the liquidation process. Holders of bonds, pass rewards, pledges, and Ducat in wallets are eligible to apply for redemption. A snapshot of token-holding addresses has been taken, and users within this snapshot can redeem treasury assets in proportion. Tokens purchased from the liquidity pool after the snapshot are not eligible for redemption. However, holders of pass can still receive newly issued tokens and sell them in the liquidity pool.