And has no relation to this issue, so wouldn't eve... @officialjustlend

Asked 1122 days ago
Viewed 89 times
0

And has no relation to this issue, so wouldn't even need to worry.

asked 1122 days ago

1 Answers

Answer2:Based on the statement from the JustLend team, it is clear that they are taking steps to ensure the stability and health of the USDD market by adjusting the APY algorithm of JustLend USDD supply mining. This adjustment will help to reduce the risk of circular loans and leverage, as well as protect the assets of investors. It is important to note that this adjustment will only affect the APY of JustLend USDD supply mining, and does not have any relation to other issues, so investors do not need to worry about any other potential effects.
answered 1122 days ago
0
Quoting it word by word: " .....The JustLend team analyzed the USDD supply mining data and found that there was excessive use of circular loans and leverage. In order to maintain the stable and healthy development of USDD market and ensure the safety of investors' assets, JustLend will adjust the APY algorithm of JustLend USDD supply mining from 20:00 on May 29: The APY of JustLend USDD supply mining will be calculated based on the investors' net supply (total Supply - total Borrow). "
answered 1122 days ago

Subscribe to our newsletter

* indicates required

Thank you for subscribing!