Deep Tide TechFlow News, on August 14, according to the official announcement, JustLend DAO officially launched a governance proposal to plan the launch of the fully collateralized USD stablecoin USD1 (TRC20) issued by World Liberty Financial. The proposal will add jUSD1 support in the smart contract, with an initial collateralization ratio of 0% for USD1, a reserve ratio of 10%, and will introduce a jump interest rate model, where the interest rate will leap to a higher tier when the utilization exceeds 80%. When the utilization reaches 100%, its annualized yield (APY) will reach 72.90%. This move will significantly enrich users' choices of stablecoins and enhance platform liquidity. If the proposal is approved, users can both deposit USD1 for high returns and 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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