JustLend DAO launches USD1 stablecoin market proposal
TechFlame
2025-08-14 12:08
TechFlame2025-08-14 12:08
According to TechFlame, according to an official announcement, JustLend DAO has officially launched a governance proposal and plans to launch the USD1 (TRC20) fully collateralized US dollar stablecoin issued by World Liberty Financial. The proposal will add jUSD1 support to smart contracts, an initial collateral coefficient of 0% for USD1, a reserve coefficient of 10%, and introduce a jumping interest rate model. When utilization exceeds 80%, interest rates will jump to a higher level. When the utilization rate reached 100%, its annualized return on supply (APY) reached 72.90%.
This move will significantly enrich users' stablecoin choices and enhance the platform's liquidity. If the proposal is approved, users can not only deposit USD1 to obtain high profits, but also use it as a collateral asset to further expand DeFi financial application scenarios. JustLend DAO will continue to optimize the agreement to provide users with safer and more efficient lending services.