Historical reference — The original USDJ/CDP system has been discontinued
This article describes the original USDJ/CDP system, which was shut down on November 17, 2025. The mechanisms and procedures described below are retained for historical reference and should not be treated as current operating instructions.
For updated fund-handling arrangements and exchange options, please refer to Updates on Handling of Funds Not Timely Returned Following USDJ System Shutdown.
Under the historical USDJ/CDP mechanism, the JUST system was mainly governed by JST holders. JST holders could receive revenue from stability fees accrued on USDJ debt and were responsible for governing the system.
JST holders vote and elect valid proposals to govern the JUST platform. Each JST holder can vote and select the contract he supports among all smart contracts that modify the system parameters. The contract with the highest votes becomes a valid proposal and has the system permit to modify variables of JUST internal system governance as per the established logic.