Dear users,
JustLend DAO has added USD1 as a collateralizable asset on Aug 19, 2025 (SGT), users will be able to supply and borrow USD1 from that point forward. For more details, please refer to Proposal to add the USD1 Market.
Introduction to USD1
USD1 is a fully collateralized, fiat-backed stablecoin issued by World Liberty Financial Inc., with reserves securely held by the regulated BitGo Trust Company. Backed by U.S. dollar deposits and short-term government securities, USD1 has rapidly grown in adoption since its launch in early 2025, with a circulating supply exceeding 2 billion tokens and deployment across major blockchains.
By adding USD1 market to JustLend DAO, users can now supply, borrow, and earn interest using a stable and high-liquidity asset, further enhancing the diversity and flexibility of the platform’s lending ecosystem. This integration reflects our continued commitment to supporting high-quality assets and delivering an open, secure, and efficient DeFi experience.
Start supplying and borrowing USD1 now at JustLend DAO Supply and Borrow Market.
Market Parameters
The collateral factor of USD1 is set at 0%, and its reserve factor is set at 10%.
The USD1 market adopts the jumping interest model, where the interest rate rockets to a higher tier when the utilization rate exceeds 80%. Its supply and borrow APYs at different utilization rates are as follows:
| Utilization rate | Borrow Base APY | Supply Base APY |
| 0% | 1.00% | 0.00% |
| 10% | 1.63% | 0.15% |
| 20% | 2.25% | 0.41% |
| 30% | 2.88% | 0.78% |
| 40% | 3.50% | 1.26% |
| 50% | 4.13% | 1.86% |
| 60% | 4.75% | 2.57% |
| 70% | 5.38% | 3.39% |
| 80% | 6.00% | 4.32% |
| 90% | 43.50% | 35.24% |
| 100% | 81.00% | 72.90% |
As JustLend DAO has granted the right of governance to the community, the decision to launch a new market needs to be decided by the community through voting. We have initiated the proposal on the parameters mentioned above. Please closely follow JustLend Proposals for more details.
Thank you for your support!
JustLend DAO
Aug 19, 2025 (Singapore time)