ChainCatcher news, Lybra Finance announced on social media that esLBR holders voted to extend the deadline for migrating V1 LBR tokens by another 3 months. The new migration deadline is January 16, 2024, at 21:00 Beijing time. Starting from October 16 at 21:00, existing V1 LBR holders can begin migrating their tokens to V2 esLBR. A 3% migration fee will be distributed weekly to esLBR holders. The first migration fee distribution will take place on October 23.

ChainCatcher news, the interest-bearing stablecoin protocol Lybra Finance stated on social media that the migration deadline for Lybra V1 is October 1st at 8:00 AM Beijing time. Any V1 LBR that is not migrated before the deadline will be permanently destroyed from the circulating supply.