📢#JustLendDAO has launched Proposal #38 to add the WBTC Market
The proposal seeks to list Wrapped BTC (WBTC), a TRC20 token pegged 1:1 to BTC, as a new market on JustLend DAO.
• Add price oracle support for WBTC/TRX
• Add jWBTC support to JustLend DAO smart contracts
• Collateral factor of WBTC: 75%
• Reserve factor of WBTC: 5%
• Jump interest model with Supply APYs up to 285.00% at 100% utilization
If approved, users will be able to supply and borrow $WBTC on JustLend DAO bringing Bitcoin-backed liquidity into the TRON DeFi ecosystem.
🗳️Cast your vote or read the full proposal: https://app.justlend.org/voteDetailNew?proposalId=38&lang=en-US #DeFi #WBTC
