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Echelon to Deprecate kAPT and stkAPT in Core Pool, LTV to Hit Zero by May 20

GateNews
Project Progress
APT1.55%

According to PANews, Echelon announced on May 9 a phased deprecation of kAPT and stkAPT in its core pool on Aptos. Deposit and borrowing functions for both assets are already disabled. Starting May 20, E-Mode LTV (loan-to-value ratio) will drop to zero; on May 27, both assets will be removed from E-Mode; and on June 3, liquidation thresholds will reach zero. The protocol urged users to close or migrate positions promptly to avoid liquidation risks.

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