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JUST DAO: Scheduled Launch of USDJ Orderly Transition Plan on May 16

8 hours ago

May 16th. According to official information, JUST DAO announced that in order to better adapt to the development trend of the stablecoin market, the Juststable team will launch the orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025. The main arrangements are as follows: - Commence to suspend the addition of new deposit and borrowing functions for USDJ starting from May 16. - Gradually decrease the USDJ collateral factor and suggest users to timely replace USDJ with other supported assets (such as USDD, USDT, etc.). - During the transition period (until August 31), continue to maintain the liquidity of USDJ on major decentralized exchange (DEX) platforms (such as SunSwap) and exchange channels.
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