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

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MarsBit
05-16
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Mars Finance News, on May 16, according to official sources, JUST DAO announced that to better respond to the development trend of the stablecoin market, the Juststable team will launch an orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025. The main arrangements are as follows: From May 16, suspend new deposits and borrowing functions for USDJ; gradually reduce the USDJ collateral factor, and recommend that users promptly replace USDJ with other supported assets (such as USDD, USDT, etc.); during the transition period (until August 31), continue to maintain USDJ's liquidity and exchange channels on major DEXs (such as SunSwap).

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