Dear users,
As part of JustLend DAO's commitment to a resilient and sustainable ecosystem, the ETHB market has entered an orderly offboarding process. The Supply and Borrow functions for the ETHB market have been disabled, meaning new ETHB positions can no longer be opened. However, existing positions remain fully supported and can be managed as usual throughout 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 15, 2026 (Singapore time)