📢 Announcement on the $USDJ Sunset Plan
To align with evolving industry trends and allocate resources more efficiently to meet current and future market needs, the JustStable team will initiate a Sunset Plan for $USDJ starting May 16, 2025.
Key actions include:
▫️ Suspension of $USDJ Supply and Borrow features on JustLend DAO starting May 16.
▫️The Collateral Factor of USDJ on JustLend DAO will be gradually and prudently reduced based on market conditions. Users are advised to replace USDJ with supported assets such as $USDD or $USDT.
▫️ $USDJ liquidity and swap channels on major DEXs, such as SunSwap, will remain available throughout the transition period (ending August 31, 2025).
For more detFor full details, please refer to the official announcement: https://t.co/1uaPLM8qrV
Thank you to the USDJ community for your support over the past five years. We remain committed to building more efficient and resilient stablecoin solutions, and we look forward to working with you on future innovations that create long-term value.
📢 Announcement on the $USDJ Sunset Plan
To better respond to the development trends of the stablecoin market, the Juststable team will launch an orderly transition plan (Sunset Plan) for USDJ starting May 16, 2025. The following are the main arrangements:
▫️ Suspension of new deposits (Supply) and loans (Borrow) functions of $USDJ from May 16
▫️ Gradually reduce the $USDJ collateral factor, and users are advised to replace $USDJ with other supported assets (such as $USDD, $USDT, etc.) in a timely manner.
▫️ During the transition period (until August 31), continue to maintain the liquidity and exchange channels of $USDJ on major DEXs (such as SunSwap)
View details through the announcement: https://t.co/1uaPLM8qrV