JustLend DAO officially announces the launch of the U-market lending, bringing another liquidity boost to the TRON ecosystem

TechFlow News: On June 22, JustLend DAO officially launched its USD-pegged stablecoin (U) lending and borrowing market. Following the platform’s announcement on June 20, users can now directly deposit or borrow U assets within the platform.

As a USD-pegged stablecoin on the TRON network, U’s integration not only expands the range of stablecoin assets available on the platform but also provides users with more diversified options for accessing liquidity. To maximize capital utilization efficiency, the U market will launch with a 0% collateral factor and a 10% reserve factor, and will implement a “jump rate” interest rate model—automatically activated when utilization exceeds 80%.

For more details, please refer to the prior announcement, and visit JustLend DAO now to experience a more efficient and convenient decentralized lending service!