Dear users,
To optimize the asset structure of the platform and improve overall market efficiency, the JustLend DAO has decided to disable Supply and Borrow functions in the USDJ market. After the proposal takes effect, users will not be able to Supply and Borrow in the USDJ market. Meanwhile, users holding USDJ are kindly advised to withdraw or repay assets before the market is officially removed to avoid inconvenience.
The decision to disable supply and borrow functions for USDJ and finally delist the market is part of JustLend DAO’s ongoing efforts to maintain platform stability, optimize the supported asset portfolio, and improve overall protocol efficiency. USDJ has some fluctuations over time, which may affect the consistency of its role in the platform’s collateral mechanisms. Meanwhile, a gradual decrease in user engagement and ecosystem activity has led to a reduced presence of USDJ within the lending market. By delisting assets like USDJ, JustLend DAO can streamline operations, focus resources on high-quality markets, and deliver a more secure and efficient experience for all users.
As JustLend DAO has granted the right of governance to the community, actions on the market need to be decided by the community through voting. We have initiated the proposal on the adjustments mentioned above. Please closely follow JustLend Proposals for more details.
We are committed to maintaining the stability and security of our platform and will continue to monitor the market closely. Your understanding and attention to this matter are greatly appreciated.
Thank you for your support!
JustLend DAO
May 16, 2025 (Singapore time)