We will need to transfer our collateral from just ... @officialjustlend

Asked 1075 days ago
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We will need to transfer our collateral from just lend (in form of TRX) to the USDJ minting contract, and the debt won't rise there as USDJ is pegged to $1

asked 1075 days ago

1 Answers

Answer:Yes, it makes sense to transfer your collateral from JustLend in the form of TRX to the USDJ minting contract. The debt won't rise there as USDJ is pegged to $1, which means that the value of the USDJ will remain the same regardless of how much TRX is transferred. However, if the value of the TRX rises above 1.125, then the value of the USDJ will also increase, since it is pegged to the value of the TRX.
answered 1075 days ago
0
But this makes sence above 1.125
answered 1075 days ago

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