JUST DAO Issues Announcement on USDJ Market Adjustment and Orderly Exit
PANews, June 3—JUST DAO has issued an announcement regarding the adjustment and orderly exit of the USDJ market. To enhance system stability and in accordance with community governance consensus, the USDJ market will be gradually phased out. Key updates are as follows: JustLend DAO will cease USDJ interest payments and will no longer support it as collateral, with a full delisting expected by August 2025; the CDP function of the USDJ protocol will be closed by the end of August 2025, and both the stability fee and liquidation collateral ratio will be increased. USDJ holders, borrowers, and lenders are advised to manage their related assets in a timely manner.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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