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JustLend DAO Major Update: USD1 Officially Open for Supply and Borrowing

2025-08-19 19:17:07

ChainCatcher news, according to the official announcement, JustLend DAO has added USD1 as a collateral asset on August 19, 2025. Users can now supply, borrow, and earn yield mining with USD1 on the platform.

USD1 is a fiat-backed stablecoin fully collateralized by World Liberty Financial, supported by dollar deposits and short-term government securities, with a circulating supply exceeding 2 billion, and securely custodied by the regulated BitGo Trust company.

This integration significantly enhances the diversity and flexibility of the JustLend DAO lending ecosystem, providing users with a richer selection of assets and earning opportunities. In terms of market parameters, the collateral coefficient for USD1 is set at 0%, the reserve coefficient at 10%, and a jump interest rate model is adopted, where the interest rate will sharply increase when the utilization rate exceeds 80%, effectively balancing market supply and demand with yield risk.

The integration of USD1 further strengthens JustLend DAO's position as a core lending hub in the TRON ecosystem, injecting new liquidity and growth momentum into the entire TRON DeFi ecosystem, driving the development of the ecosystem towards a more mature and diverse direction.

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