Gate News: On March 19, JustLend DAO protocol plans to adjust the collateral factor for the USDDOLD market around April, reducing it. This adjustment is to coordinate with the delisting process of USDDOLD. The final adjustment plan will be implemented after approval by the USDD and JustLend DAO community proposals. The platform reminds users who use USDDOLD as collateral to switch to other supported assets in advance and closely monitor their account risk status to avoid position safety issues caused by changes in the collateral factor.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
World ID 4.0 Launches with Tinder and Zoom Integration, Reaches 18M Verified Users
Tools for Humanity launched World ID 4.0, enhancing its biometric verification system with key rotation and tiered options. With 18 million users, it integrates with Tinder and Zoom. The company supports expansion through funding, despite a 97% decline in WLD token value.
GateNews1h ago
Curve Finance Suspends LayerZero Infrastructure Following rsETH Hack
Curve Finance has temporarily suspended its LayerZero infrastructure due to a security incident involving rsETH. The protocol is investigating the issue, affecting certain cross-chain bridging operations while others continue as normal.
GateNews10h ago
Monad Co-Founder Suggests Dynamic Caps on Collateral Deposits to Mitigate Hacking Risks
Keone Hon suggests that pooled lending protocols should implement gradual rate limits on collateral asset increases to mitigate risks during hacks. He argues this could have prevented significant losses, as seen with rsETH depositors.
GateNews16h ago
SGB Launches USDC Mint Service on Solana Network
SGB enables instant USDC minting and redemption on Solana, improving cross-border payments with real-time settlement.
Service targets institutions, removing intermediaries and supporting 24/7 liquidity and treasury management.
Expansion plans include more stablecoins and retail access, li
CryptoFrontNews17h ago
Morpho Pauses MORPHO OFT Cross-Chain Bridge on Arbitrum Following Kelp DAO and LayerZero Events
Morpho Association has temporarily suspended the OFT cross-chain bridge for MORPHO tokens on Arbitrum due to recent issues with Kelp DAO and LayerZero Bridge, pending confirmation of the rsETH incident's cause.
GateNews17h ago
Spark Protocol's January delisting of rsETH proves prudent as Aave faces ETH liquidity crisis
Spark Protocol's strategy of delisting low-usage assets and tightening collateral has faced initial backlash but proved wise during market turmoil. While maintaining higher interest rate caps, SparkLend ensures liquidity, unlike Aave, which now faces significant risks.
GateNews20h ago
