Echelon will delist kAPT and stkAPT core collateral pool assets.

PANews reported on May 9th that Echelon, a modular money market protocol, announced the phase-out of kAPT and stkAPT in its core pools on Aptos. Deposit and lending functions for both assets are currently disabled. Starting May 20th, the related E-Mode collateralized value (LTV) will drop to 0%, and both assets will be removed from E-Mode on May 27th. The liquidation threshold will drop to 0% on June 3rd. Echelon advises users to close or migrate their positions as soon as possible to avoid subsequent liquidation risks.

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Author: PA一线

This content is for market information only and is not investment advice.

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