JustLend DAO launches orderly exit plan for USDJ market
According to ChainCatcher news and official Twitter announcements, in order to enhance system stability and adhere to community governance consensus, JustLend DAO will initiate an orderly exit process for the USDJ market.
JustLend DAO will soon stop issuing USDJ interest and will no longer support it as collateral, with a complete delisting expected before August 2025; the CDP functionality of the USDJ protocol will be closed by the end of August 2025, and the stability fee and liquidation collateral ratio will be increased.
It is recommended that USDJ holders, borrowers, and lenders promptly adjust their asset allocations, closely monitor official announcements, and arrange their funds properly to avoid impacts from subsequent service adjustments.