**[Announcement Regarding Bybit No Longer Supporting IP as Collateral and Borrowable Asset]** Starting from 8:00 UTC on June 25, 2026, Bybit will no longer support IP as a collateral asset or borrowable asset. The planned timeline is as follows: **June 22, 2026, 8:00 UTC** - All lending services involving IP will be suspended, including UTA lending, collateralized borrowing, and Bybit Savings. **June 25, 2026, 8:00 UTC** - UTA lending, collateralized borrowing, and institutional lending will no longer accept IP as collateral, and IP cannot be used for repayments. - Any outstanding IP liabilities must be settled by 8:00 UTC on June 25, 2026. Failure to do so will trigger automatic repayment of IP liabilities, which may result in potential asset loss. - Users are strongly advised to adjust their margin (if applicable) before 8:00 UTC on June 25, 2026, and closely monitor the Maintenance Margin Ratio (MMR) and Loan-to-Value (LTV) ratio to avoid liquidation. **June 26, 2026, 8:00 UTC** - Bybit Savings will delist IP. The principal and earnings of IP staked in Bybit Savings will be automatically credited to users' funding accounts. - Users are advised to redeem IP in advance to avoid delays. Please pay close attention to the upcoming changes and adjust your orders and financial strategies accordingly. Thank you for your understanding and cooperation.