The Echo Protocol team announced that the protocol is ceasing operations. New deposits, loan issuance, and interest accrual have already been halted. Users can still repay loans, withdraw assets, and close positions.
Borrowers must repay their outstanding debt by November 14, 2026, or their collateral may be liquidated. After that date, any remaining positions will be forcibly closed, and the proceeds will be used to repay obligations to creditors.
After the shutdown, the Aptos-to-B² Bridge will continue operating to allow aBTC withdrawals.
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