Dear users,
We would like to inform you about an upgrade to the Oracle mechanism on Feb 21, 2025(Singapore Time). As JustLend DAO continues to expand and integrate more markets, the demand for supporting a wider range of assets and improving price feed accuracy has become increasingly important. JustLend DAO has decided to upgrade the Oracle System, which will enhance our price feed functionality and improve the overall user experience.
The new oracle mechanism will deliver more accurate and timely price data across a wider range of digital assets, ensuring our Supply and Borrow Markets meet the evolving needs of both users and developers. In addition to supporting the integration of new cryptocurrencies, this upgrade will enhance the system's ability to adapt to market volatility and regulatory changes, empowering users to make better-informed decisions. This upgrade is part of our ongoing efforts to enhance platform stability, improve risk assessments, and provide users with the tools they need to navigate an increasingly complex market.
As JustLend DAO has granted the right of governance to the community, upgrading of any system needs to be decided by the community through voting. We have initiated the proposal on the upgrade mentioned above. Please closely follow JustLend Proposals for more details.
We are committed to ensuring that JustLend DAO remains at the forefront of innovation while safeguarding user security and trust. Your understanding and attention to this upgrade are greatly appreciated.
Thank you for your support!
JustLend DAO
Feb 21, 2025 (Singapore time)