Echo Protocol Shuts Down, Opens User Withdrawals
- —New deposits halted in Lending, Strategy and LSD staking
- —Withdrawals and debt repayment began October 19, 2026 at 00:00 UTC
- —Loan repayment deadline set for November 19, 2026 at 23:59 UTC
- —Unrepaid loans will trigger collateral liquidation to repay creditors
Why it matters: The shutdown forces users to withdraw funds and repay debts quickly or risk having their collateral liquidated.
Source: BitExpert