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USDJ

JUST Foundation Announces Gradual Shutdown of USDJ Market by August 2025

The JUST Foundation has announced a plan to wind down the USDJ market. To enhance system stability and adhere to community governance, they will gradually deactivate USDJ-related markets. This includes stopping interest generation on JustLend DAO, removing USDJ as acceptable collateral, and delisting by August 2025. Additionally, the USDJ Protocol will end its Collateral Debt Position (CDP) functions by the end of August 2025, with increased stability fees and liquidation ratios. USDJ holders, CDP users, and lenders are urged to act promptly.
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AI Analysis

The announcement signifies a strategic move by the JUST Foundation to phase out the USDJ stablecoin. The phased approach, including the end of interest generation, removal of collateral acceptance, an...

AI Recommendation

Stakeholders should review their holdings and positions related to USDJ carefully. If you are a USDJ holder or have assets collateralized in USDJ, consider actions to minimize risks associated with th...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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