JUST DAO: An orderly transition plan for USDJ will be launched on May 16th

律动BlockBeats
律动BlockBeats|May 16, 2025 15:27
BlockBeats News: On May 16th, according to official sources, JUST DAO announced that in order to better respond to the development trend of the stablecoin market, the Juststable team will launch the USDJ's orderly transition plan (Sunset Plan) from May 16th, 2025. The following are the main arrangements: Suspend the new deposit and loan functions of USDJ from May 16th; Gradually reducing the USDJ collateral factor, it is recommended that users replace USDJ with other supported assets (such as USDD, USDT, etc.) in a timely manner; During the transition period (until August 31st), maintain the liquidity and exchange channels of USDJ on major DEX (such as SunSwap).
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