[Justin Sun: Over 95% of USDJ supply has been repurchased at a premium, with only about $200,000 USDJ remaining in the market] Justin Sun announced that the USDJ phase-out will follow the principle of 100% 1:1 rigid redemption for users prior to the snapshot. USDJ, as a decentralized stablecoin on the TRON network, is an older version of the SAI project. The official phase-out has been ongoing for over a year, with more than 95% of USDJ repurchased at a price higher than 1. Currently, only about $200,000 worth of USDJ remains in the market, and this portion will also be permanently redeemed at a 1:1 ratio to ensure the safety of users' assets. Justin Sun stated that USDJ will serve as a decentralized TRX exchange contract in the future, with the bottom line during the phase-out being to ensure that no user incurs losses. The system will shut down at 10:00 PM Beijing time on November 17, and the final valuation of USDJ will be 1.55 TRX. In the future, this value will fluctuate with the price of TRX but will not affect the actual redemption value for users. He explained that the reason for the phase-out is due to technological upgrades in centralized stablecoins, as the USDJ code is too outdated. The team plans to focus on the development of USDD, which led to the decision to phase out USDJ. Users do not need to worry about asset security or devaluation issues, as the phase-out plan ensures the protection of all user rights. Previously, JUST DAO issued an announcement regarding the adjustment and orderly exit of the USDJ market.