Dear users:
Since the extremes situation of the TRX and USDD markets have come to an end, JustLend DAO has adjusted the TRX and USDD market parameters on Aug 2, 2022. After the adjustment, the borrow interest of TRX and USDD markets will decrease significantly, which greatly improves the utilization rate of the TRX and USDD. At the same time, users who supply in TRX and USDD markets can still get high APY. Welcome to participate.
JustLend DAO will constantly pay close attention to the TRX and USDD markets, adjust the parameters of the TRX and USDD markets in real time, which will promote the healthy and sustainable development of the TRX and USDD markets, and maintain the security of users' assets.
The details of this adjustment are as follows:
Market Parameters:
- The TRX market adopts the same interest model as USDT does, where the interest rate rockets to a higher tier when the utilization rate exceeds 80%. Its APY hits 300% when the utilization rate reaches 100%. Supply and borrow APYs at different utilization rates are as follows:
Utilization rate |
Borrow Base APY |
Supply Base APY |
0% |
2.00% |
0.00% |
10% |
5.50% |
0.50% |
20% |
9.00% |
1.62% |
30% |
12.50% |
3.38% |
40% |
16.00% |
5.76% |
50% |
19.50% |
8.78% |
60% |
23.00% |
12.42% |
70% |
26.50% |
16.70% |
80% |
30.00% |
21.60% |
90% |
165.00% |
133.65% |
100% |
300.00% |
270.00% |
- The USDD market adopts the same interest model as USDT does, where the interest rate rockets to a higher tier when the utilization rate exceeds 50%. Its APY hits 200% when the utilization rate reaches 100%. The Borrow Cap of USDD market is adjusted to 200,000,000. The 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% |
5.80% |
0.55% |
20% |
10.60% |
2.01% |
30% |
15.40% |
4.39% |
40% |
20.20% |
7.68% |
50% |
25.00% |
11.88% |
60% |
60.00% |
34.20% |
70% |
95.00% |
63.18% |
80% |
130.00% |
98.80% |
90% |
165.00% |
141.08% |
100% |
200.00% |
190.00% |
Thank you for your support.
JustLend DAO
August 2, 2022(SGT)