星球日报|Oct 19, 2026 14:13
[Echo Protocol to Gradually Shut Down Operations, Core Services Such as Lending and Strategies Have Ceased Accepting New Funds]
Odaily Planet Daily News - Echo Protocol has announced that due to business adjustments, it will gradually terminate protocol operations. The lending protocol has stopped accepting new deposits, new loans, and interest accruals. Strategy and LSD services have also ceased accepting new deposits and new staking. The protocol has now opened repayment, withdrawal, and asset liquidation channels. Borrowers must complete repayments by November 14, 2026, or their collateral will be liquidated. The final deadline for repayments, withdrawals, and unstaking is November 19, 2026, at 23:59 (UTC). After this, Echo Protocol will officially cease operations, and remaining positions will enter the final liquidation and settlement process. Only the Aptos-to-B² cross-chain bridge redemption service will be retained.
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