JUST DAO: The USDJ market collateralization ratio will be adjusted from 75% to 0% to facilitate a smooth transition.

BlockBeats News, June 29, JUST DAO announced that the collateral ratio of 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%, with the effective date around June 29, 2025, 23:59.

To reduce risk and ensure platform stability, the supply and borrowing functions of USDJ have been temporarily suspended. Market parameters are being adjusted to gradually exit the market.

In a previous announcement, JUST DAO stated that in order to better respond to the stablecoin market's development trend, the Juststable team will initiate an orderly transition plan (Sunset Plan) for USDJ starting on May 16, 2025.