Strobe Finance to Wind Down on XRPL EVM Sidechain, Loan Repay Deadline July 13 and Withdrawals by July 20

Strobe Finance, a decentralized lending protocol on the XRP Ledger EVM Sidechain, said it is shutting down and has disabled new deposits and borrowing. Users must repay outstanding loans by July 13 to avoid liquidation and withdraw deposits by July 20 before the front end closes, after which withdrawals will require direct smart contract interaction.