PANews
PANews|Mar 31, 2026 11:18
[Mars Protocol Completes Liquidation and Closes Community Channels] The Cosmos ecosystem lending protocol Mars Protocol announced that, in accordance with governance proposal MRC-165, it has completed all liquidation processes: all liquidation LTVs have been set to 0, remaining loan positions have been fully liquidated, and users' funds in credit accounts and Mars v1 have been directly returned to their wallets. The project team stated that funds held in custody by Amber will be addressed through Amber's official channels in the coming days. Mars' official Discord and Telegram channels will be closed in the near future, and no further support or updates will be provided. The Mars team noted that this operation marks the orderly conclusion of the protocol.
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