PANews reported on March 31 that Mars Protocol , the lending protocol within the Cosmos ecosystem, announced the completion of its liquidation process in accordance with governance proposal MRC-165 : all liquidation LTV has been set to 0 , all remaining loan positions have been liquidated, and funds in users' credit accounts and Mars v1 have been directly returned to their wallets. The project stated that funds held in escrow by Amber will be announced separately through official Amber channels in the coming days. Mars' official Discord and Telegram accounts will be shut down soon, and no further support or updates will be provided. The Mars team stated that this operation marks the formal and orderly termination of the protocol.
Mars Protocol completes cleanup and closes community channels.
Share to:
Author: PA一线
This content is for market information only and is not investment advice.
Follow PANews official accounts, navigate bull and bear markets together
PANews App
24/7 blockchain news tracking and in-depth analysis.

