JustLendDAO submitted proposal No. 34

According to Mars Finance news, official sources report that JustLendDAO Proposal No. 34 has been officially submitted, proposing parameter adjustments to the USDJ market. The proposal suggests that the collateral coefficient will be reduced from 75% to 0%, while the reserve coefficient will be increased from 5% to 100%. This adjustment aims to optimize the platform's risk structure and gradually withdraw from USDJ market services. After it takes effect, USDJ will terminate its collateral lending function and interest earnings, but will retain repayment and withdrawal channels.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)