Dear users,
Following the USDD team’s USDDOLD Sunset Plan (Announcement) and ensuring the long-term stability of the platform, we will soon begin the process of closing the USDDOLD market. As part of this transition, the Collateral Factor (CF) for the USDDOLD market will be reduced around April via a formal proposal within the USDD and JustLend DAO communities. To avoid unnecessary losses, we strongly recommend that users currently using USDDOLD as collateral replace it promptly with other supported assets.
We appreciate your cooperation in maintaining a secure environment. Please monitor your account status closely and stay updated on JustLend DAO Proposals regarding the USDDOLD market during this period. Your understanding and attention to this matter are greatly appreciated.
Thank you for your support!
JustLend DAO and USDD Team
March 19, 2025 (Singapore time)