Dear users,
As part of JustLend DAO's ongoing efforts to maintain a resilient and sustainable lending ecosystem, the ETHB market is entering the first phase of its orderly offboarding process.
The Supply and Borrow functions for the ETHB market will be disabled Soon. Once this update takes effect, users will no longer be able to open new supply or borrow positions involving ETHB. Existing positions will remain supported and can continue to be managed during the transition period.
Recommended Actions for Users
To facilitate a smooth transition, users are encouraged to take note of the following:
Users supplying ETHB: Please consider withdrawing and closing your ETHB supply positions before the ETHB market is fully offboarded.
Users borrowing ETHB: Please consider repaying your outstanding ETHB loans and closing your borrow positions during the transition period.
All users with positions in the SBM-ETHB market: Please continue to actively monitor and manage your positions to maintain a healthy account status throughout the offboarding process.
Additional proposals relating to the ETHB offboarding process, including adjustments to relevant market parameters, are expected to be introduced at a later stage. Further details will be communicated through subsequent announcements.
Thank you for your continued support and understanding
JustLend DAO
June 10, 2026 (Singapore time)