Echelon Deprecates kAPT and stkAPT, LTV to Drop to 0% on May 20

APT4.8%

According to PANews, Echelon announced on May 9 the gradual deprecation of kAPT and stkAPT in its core pool on Aptos. The protocol has already disabled borrowing and lending for both assets. Starting May 20, their E-Mode loan-to-value (LTV) ratio will drop to 0%, followed by removal from E-Mode on May 27, and liquidation threshold set to 0% on June 3. Echelon urged users to close or migrate positions promptly to avoid liquidation risks.

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