JUST DAO releases announcement on USDJ market adjustment and orderly exit

PANews reported on June 3 that JUST DAO released an announcement on the adjustment and orderly exit of the USDJ market. In order to improve system stability and in accordance with the community governance consensus, the USDJ market will be gradually shut down. The core updates are as follows: JustLend DAO will stop paying USDJ interest and will no longer support it as collateral. It is expected to be completely removed from the shelves before August 2025; the CDP function of the USDJ protocol will be closed before the end of August 2025, and the stability fee and liquidation mortgage rate will be increased. Please USDJ holders, borrowers and lenders handle related assets in a timely manner.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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