According to official announcements, the collateral ratio for USDDOLD is scheduled to be lowered in April. To align with the USDDOLD delisting process, the JustLend DAO protocol plans to adjust the collateral ratio for the USDDOLD market around April; the final adjustment will be implemented after approval via proposals from the USDD and JustLend DAO communities. The platform reminds users who are using USDDOLD as collateral to switch to other supported assets in advance and closely monitor their account risk status to avoid potential impacts on position safety due to collateral ratio changes.
JustLend DAO to Adjust USDDOLD Collateral Ratio in April
TechFlowShare
Summary
JustLend DAO will adjust the USDDOLD collateral ratio in April as part of the token’s delisting process. This change requires approval from both the USDD and JustLend DAO communities. Users holding USDDOLD as collateral are encouraged to migrate to other supported assets and monitor their account risks to avoid liquidation. This update follows ongoing announcements regarding new token launches and potential listings on major exchanges.
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