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⏳ USDJ Sunset Plan Extended to September 30, 2025
The transition window just got longer. This extension offers users more time to manage positions, migrate assets, and align strategies before the system's shutdown.
Why This Matters:
Liquidity Support Ends August 31: After this date, USDJ will switch to a floating exchange rate mechanism, reducing price stability.
Collateral Factors Reduced to 0%: This increases liquidation risk for USDJ borrowers.
Migration Recommended: Users are advised to settle or migrate positions to alternatives like USDD or USDT to avoid potential asset losses.
Action Steps:
For Borrowers: Consider replacing USDJ with other supported assets to maintain a healthy borrowing ratio.
For Traders: Monitor liquidity changes and price volatility as the transition progresses.
For Beginners: Explore alternatives and understand the implications of the USDJ Sunset Plan on your holdings.
The extended deadline provides a crucial opportunity to act thoughtfully and avoid rushed decisions.
@justinsuntron @DeFi_JUST #TRONEcoStar