JUST DAO to Finalize USDJ Transition Process on August 31st
JUST DAO has reiterated that the supply and borrowing of USDJ on JustLend DAO have been suspended since May 16. As part of the USDJ Sunset Plan, collateral factors are being reduced to 0%, which increases liquidation risk. Users still holding USDJ debt are urged to settle or migrate positions before August 31, when USDJ swap liquidity will also be discontinued. Migration to alternatives like USDD or USDT is advised.
Event date: August 31, 2025 UTC
What is a coin swap (token swap)?
A coin swap is a process of cryptocurrency migration from one blockchain to another. It may be due to a hard fork (coin swap) or a mainnet launch (token swap). Holders need to follow swap guides in order not to lose their cryptocurrency.
USDJ Price Changes After Event Publication
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Jul 22 13:26 (UTC)
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