TechFlow, August 14 — According to an official announcement, JustLend DAO has officially launched a governance proposal to list USD1, a fully collateralized U.S. dollar-pegged stablecoin issued by World Liberty Financial (TRC20). The proposal will add jUSD1 support within the smart contract, with an initial collateral factor of 0% and a reserve factor of 10%. A jump rate model will be introduced: when utilization exceeds 80%, interest rates will rise sharply to a higher tier. When utilization reaches 100%, the supply annual percentage yield (APY) will reach 72.90%. This move will significantly expand users' stablecoin options and enhance platform liquidity. If approved, users will be able to deposit USD1 to earn high returns or use it as collateral for borrowing, further expanding DeFi use cases. JustLend DAO will continue optimizing its protocol to deliver safer and more efficient lending services.
Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
