Odaily News According to the official announcement, JustLend DAO has officially initiated a governance proposal to launch the fully collateralized USD stablecoin USD 1 (TRC 20) issued by World Liberty Financial. The proposal will add support for jUSD 1 in the smart contracts, with an initial collateralization ratio of 0% for USD 1 and a reserve ratio of 10%, introducing a jump interest rate model. When utilization exceeds 80%, the interest rate will leap to a higher tier. When utilization reaches 100%, its supply annual percentage rate (APY) will reach 72.90%. This move will significantly enrich users’ stablecoin options and enhance platform liquidity. If the proposal passes, users can deposit USD 1 to obtain high returns, or use it as collateral for lending operations, further expanding DeFi financial application scenarios. JustLend DAO will continue to optimize the protocol to provide users with safer and more efficient lending services.
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