> For the complete documentation index, see [llms.txt](https://justlend.gitbook.io/untitled/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://justlend.gitbook.io/untitled/anouncement/market-upgrade/announcement-on-the-adjustment-of-the-interest-rate-for-trx-and-usdd-market.md).

# Announcement on the Adjustment of the Interest Rate for TRX and USDD Market

Dear users:

 

In order to promote the healthy and sustainable development of the TRX and USDD market and maintain the safety of users' assets, JustLend adjusted the interest rate for the TRX and USDD markets on June 27, 2022, as detailed below.

 

**Market Parameters:**

The TRX market adopts the same interest model as USDT does, where the interest rate rockets to a higher tier when the utilization rate exceeds 80%. Its APY hits 150% when the utilization rate reaches 100%. Supply and borrow APYs at different utilization rates are as follows:

 

| Utilization rate | Borrow Base APY | Supply Base APY |
| ---------------- | --------------- | --------------- |
| 0%               | 2.00%           | 0.00%           |
| 10%              | 4.88%           | 0.44%           |
| 20%              | 7.75%           | 1.40%           |
| 30%              | 10.63%          | 2.87%           |
| 40%              | 13.50%          | 4.86%           |
| 50%              | 16.38%          | 7.37%           |
| 60%              | 19.25%          | 10.40%          |
| 70%              | 22.13%          | 13.94%          |
| 80%              | 25.00%          | 18.00%          |
| 90%              | 87.50%          | 70.88%          |
| 100%             | 150.00%         | 135.00%         |

 

The USDD market adopts the same interest model as USDT does, where the interest rate rockets to a higher tier when the utilization rate exceeds 30%. Its APY hits 120% when the utilization rate reaches 100%. Supply and borrow APYs at different utilization rates are as follows. The Borrow Cap of the USDD market is 60,000,000 USDD.

 

| Utilization rate | Borrow Base APY | Supply Base APY |
| ---------------- | --------------- | --------------- |
| 0%               | 0.00%           | 0.00%           |
| 10%              | 1.67%           | 0.16%           |
| 20%              | 3.33%           | 0.63%           |
| 30%              | 5.00%           | 1.43%           |
| 40%              | 21.43%          | 8.14%           |
| 50%              | 37.86%          | 17.98%          |
| 60%              | 54.29%          | 30.94%          |
| 70%              | 70.71%          | 47.03%          |
| 80%              | 87.14%          | 66.23%          |
| 90%              | 103.57%         | 88.55%          |
| 100%             | 120.00%         | 114.00%         |

 

Thank you for your support.

JustLend DAO Team

June 27, 2022(SGT)