Zest set the deadline for October 23 to exit Stacks Market V1's aeUSDC

The decentralized lending protocol Zest Protocol deployed on Stacks announced that October 23 will be the deadline for the exit of aeUSDC in Stacks Market V1, requiring users to complete the migration of relevant positions before this date.

Since Stacks Market V2 only supports the USDC-backed stablecoin USDCx issued in collaboration with Circle, the migration process from V1 to V2 will not automatically transfer aeUSDC positions. Users need to first withdraw aeUSDC liquidity from V1, then directly exchange aeUSDC for USDCx through Bitflow, and finally return to the V2 application to deposit USDCx.

Another way is to cross-chain aeUSDC from Stacks to USDC on Ethereum via Allbridge Classic, and then use Circle's cross-chain bridge to transfer USDC from Ethereum to USDCx on Stacks. The Zest application will pop up a prompt while users still hold V1 liquidity, supporting one-click migration of positions other than aeUSDC to V2.