It's pretty good to borrow in USDJ @officialjustlend

Asked 1087 days ago
Viewed 89 times
0

It's pretty good to borrow in USDJ

asked 1087 days ago

1 Answers

Borrowing in USDJ can be a great way to take advantage of the stablecoin's low volatility and predictable value. However, it is important to be aware of the potential risks associated with borrowing in USDJ. If the USDJ begins to overpeg, meaning that its value rises above the $1 peg, then you may be liable to pay back more than the amount you borrowed. This could result in a significant financial burden, so it is important to be aware of the potential risks associated with borrowing in USDJ.
answered 1087 days ago
0
Right untill it starts to "overpeg", and you owe $1.2+ per every USDJ borrowed
answered 1087 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!