According to ChainCatcher, the Cosmos ecosystem lending protocol Mars Protocol announced that it has completed the entire liquidation process in accordance with governance proposal MRC-165: all liquidation LTV has been adjusted to 0, all remaining loan positions have been liquidated, and funds in users' credit accounts and Mars v1 have been directly returned to their wallets.
The project team stated that funds held in escrow by Amber will be announced separately through official Amber channels in the coming days. Mars' official Discord and Telegram accounts will be shut down soon, and no further support or updates will be provided. The Mars team stated that this action marks the formal and orderly termination of the agreement.
