usddold

According to official news, the collateral coefficient for USDDOLD is planned to be lowered in April. To align with the delisting process of USDDOLD, the JustLend DAO protocol plans to adjust the collateral coefficient of the USDDOLD market around April. The final adjustment plan will be executed after proposals from the USDD and JustLend DAO communities are approved.The platform reminds users who use USDDOLD as collateral to switch to other supported assets in advance and closely monitor their account risk status to avoid any impact on position safety due to changes in the collateral coefficient.

ChainCatcher message, according to the official announcement, to optimize asset structure and improve market efficiency, JustLend DAO announced the closure of the supply and lending functions for the USDDOLD market, and will adjust the reserve factor to 100%.By delisting this asset, the platform will optimize resource allocation, focus on serving the core market, and provide users with a safer and more efficient DeFi experience. The platform recommends that users holding USDDOLD complete asset redemption or repayment operations as soon as possible to avoid inconvenience after the market is officially delisted. In the future, JustLend DAO will continue to optimize product structure to provide users with higher quality financial services.

ChainCatcher news, according to SunPump's official Twitter, the asset migration work for USDDOLD has officially started to align with the USDD 2.0 upgrade plan. Users holding USDDOLD assets need to complete the migration to USDD 2.0 as soon as possible through the SUN.io platform, including various assets such as liquidity in the exchange pool, flexible mining, and smart mining. This migration will help enhance asset security and usage efficiency, ensuring the safety of each user's funds.

ChainCatcher message, the JUST Foundation announces that Decentralized USD (USDD) will be renamed to Decentralized USDOLD (USDDOLD), the token contract address remains unchanged, and the name change will take effect on January 22, 2025, at 21:00 Singapore time.