# Echelon Chain

Echelon Chain is a purpose built debt and lending focused Move appchain built on [Initia's](https://initia.xyz) Interwoven Stack with Celestia Data Availability underneath, designed to be the debt engine of the interwoven modular economy. A few Key features include:

* asset onboarding from anywhere w/ LayerZero and IBC
* scalable DA and access to Celestia-native assets&#x20;
* native USDC and CCTP&#x20;
* enshrined Oracles&#x20;
* a full product suite (wallet, explorers, usernames, etc)

With near-atomic cross-chain composability with the Initia L1 and native liquidity hub for liquidations and a suite of interactions with assets native to other appchains and ecosystems.

Echelon Chain will be engrained into the interwoven economy and harness Initia VIP rewards to bring rewards to Echelon users.

Echelon's testnet will release later this year with mainnet rolling out Day 1 of Initia's launch in Q1 2025. More technical documentation will be released here closer to launch.


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