JustLend DAO Formally Launches Proposal 40 to Introduce $U Lending Market

TRX-0.75%
According to ChainCatcher, JustLend DAO formally launched Proposal 40 on June 16 to introduce $U as a new lending market on the platform. The proposal includes adding a U/TRX price oracle and jU support in smart contracts, with a collateral ratio set at 75% and a reserve factor at 10%. If approved, users will be able to earn yield by supplying $U and use it as collateral to borrow other assets, expanding the platform's stablecoin offerings and ecosystem liquidity.
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