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JUST DAO: USDJ Market Collateralization Rate to be Adjusted from 75% to 0% for Orderly Transition
Summary: JUST DAO announced that the collateralization rate for the USDJ market on the JustLend platform will be adjusted from 75% to 0%, and the reserve ratio will be adjusted from 5% to 100%, effective around 23:59 on June 29, 2025. To reduce risks and ensure platform stability, the supply and borrowing functions of USDJ have ...
JUST DAO announced that the collateralization rate for the USDJ market on the JustLend platform will be adjusted from 75% to 0%, and the reserve ratio will be adjusted from 5% to 100%, effective around 23:59 on June 29, 2025. To reduce risks and ensure platform stability, the supply and borrowing functions of USDJ have been temporarily suspended. Market parameters are being adjusted to gradually exit the market. In response to the development trends in the stablecoin market, JUST DAO previously announced that the Juststable team will initiate the orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025.
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Link: JUST DAO: USDJ Market Collateralization Rate to be Adjusted from 75% to 0% for Orderly Transition [Copy]
