JustLend DAO has officially initiated Proposal No. 40, proposing the addition of a new U Market.

Odaily reported that JustLend DAO has officially launched Proposal No. 40, planning to introduce $U as a new lending market on the platform. The specific measures of this proposal include adding the U/TRX price oracle and supporting jU in the smart contract, while setting the collateral factor at 75% and the reserve factor at 10%. This move aims to further expand the supply options of stablecoins, thereby enhancing the platform's overall liquidity and ecosystem diversity.