usdj cannot be more than $1.50 by theory of arbitr... @officialjustlend

Answer: The theory of arbitrage states that it is not possible to make a risk-free profit by simultaneously buying and selling the same asset. In the case of USDJ, this means that the price cannot be more than $1.50. If it were, someone could take advantage of the discrepancy by depositing $150 of TRX into Juststable and minting 100 USDJ, which could then be sold for $150. This would create a risk-free profit, which is not possible according to the theory of arbitrage. However, my estimate is more precise, as the liquidation event in Justlend can be avoided at any price above $1.125. This means that, in theory, the price of USDJ can go as high as $1.125 without triggering the liquidation event.

Right. Yet, my estimate is more precise, because the liquidation event in justlend can be avoided at any price above $1.125.