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- 🚀 Gate $PUMP Futures Trading Challenge is Now Live!
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Announcement link: https://www.gate.com/announcements/article/47104 - 🌕 Gate Square · Mid-Autumn Creator Incentive Program is Now Live!
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JUST DAO announces the adjustment of the USDJ market and an orderly exit.
PANews June 3 news, JUST DAO released an announcement regarding the adjustment of the USDJ market and orderly exit, in order to enhance system stability and based on community governance consensus, the USDJ market will be gradually shut down. The core updates are as follows: JustLend DAO will stop the distribution of USDJ interest and will no longer support it as collateral, and it is expected to be fully delisted by August 2025; the CDP function of the USDJ protocol will be closed by the end of August 2025, while the stability fee and liquidation collateral ratio will be increased. Please USDJ holders, borrowers, and lenders handle related assets in a timely manner.