Neutrl Protocol Recovery Plan Faces 5-Day Community Vote

Neutrl proposes reserve restructuring and user compensation after halting core functions. Voting lasts 5 days; approval triggers 48-hour restoration, rejection leads to revised plan.

Woofun AI reports that the Neutrl Foundation has submitted a detailed protocol recovery proposal for community voting following the temporary suspension of minting, redemption, and core operations due to reserve issues. The plan outlines a restructured reserve framework, updated risk management models, and enhanced transparency in real-time reserve reporting.

Voting is underway for five days. If approved, protocol functions will resume within 48 hours under the new framework, with eligible users receiving proportional allocation restorations and compensation. Should the proposal be rejected, the team commits to submitting a revised plan based on community feedback within 14 days.