In a significant move for its community, the Just DAO has launched a new conversion mechanism for holders of USDJ, enabling them to exchange their assets for TRX at a predetermined rate. This initiative comes as the USDJ stablecoin faces discontinuation, providing a timely solution for users looking to safeguard their investments, as stated in the official source.
Conversion Rate Announcement
The conversion rate has been set at 15532 TRX for every 1 USDJ, a figure that reflects extensive market analysis to ensure fairness for all participants. This fixed rate aims to offer a stable transition for users during this period of change.
Accessing the Conversion Process
Users can access the conversion process through official Just DAO platforms, but they are urged to act quickly as the conversion windows are limited. This structured approach not only facilitates the transition but also prioritizes asset protection for users navigating the discontinuation of the USDJ stablecoin.
In light of recent developments in the DeFi sector, Pendle Finance has reported impressive growth in trading volume, highlighting a robust demand for its yield solutions. For more details, see the full report on their achievements here.








