Lending protocol Echelon launches debt-driven Move appchain
Echelon, a decentralized lending protocol on Aptos, has launched Echelon Chain, a debt-driven Move appchain. The appchain, built on Initia’s Interwoven Stack, leverages Celestia’s modular blockchain technology, the Echelon team announced on Nov. 28. Echelon Chain’s debut follows the release of the Echelon Roadmap, highlighting over $100 million in total value locked and $132 million…