BlockBeats News, May 16, According to official sources, JUST DAO announced that in order to better respond to the development trend of the stablecoin market, the Juststable team will launch the orderly transition plan (Sunset Plan) for USDJ starting from May 16, 2025. The main arrangements are as follows:
- Suspend the addition of new deposits and borrowing functions for USDJ starting from May 16.
- Gradually reduce the USDJ collateral factor, and suggest users to timely replace USDJ with other supported assets (such as USDD, USDT, etc.).
- During the transition period (until August 31), continue to maintain the liquidity of USDJ on major DEX platforms (such as SunSwap) and exchange channels.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.