JustLend DAO has integrated USD1 as a collateral asset, allowing users to supply, borrow, and engage in yield mining with the stablecoin. USD1, issued by World Liberty Financial, is fully collateralized by USD deposits and short-term government securities, with over 2 billion units in circulation. Custodied by BitGo Trust, USD1's integration enhances JustLend DAO's lending ecosystem by offering more asset choices and earning opportunities.
The collateral factor for USD1 is set at 0%, with a reserve factor of 10%, and utilizes a jump rate model where interest rates rise significantly when utilization exceeds 80%. This move strengthens JustLend DAO's role in the TRON ecosystem, injecting new liquidity and growth into the TRON DeFi landscape.
JustLend DAO Integrates USD1 Stablecoin for Lending and Mining
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