JUST DAO: The collateralization ratio of the USDJ market on the JustLend platform will be reduced from 75% to 0%, and the reserve ratio will be increased from 5% to 100%

ChainCatcher news, according to an announcement from JUST DAO, 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 June 29, 2025, at 23:59. To reduce risks and ensure platform stability, the supply and lending functions of USDJ have been suspended. Market parameters are being adjusted to gradually exit the market.

It is reported that to better respond to the development trends of the stablecoin market, the Juststable team launched an orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025.