# Adding USDD as Collateral on JustLend DAO

**URL:** <https://forum.justlend.org/t/adding-usdd-as-collateral-on-justlend-dao/601>\
**Category:** Governance\
**Tags:** new-market\
**Created:** [October 24, 2024, 11:44am UTC](https://forum.justlend.org/t/adding-usdd-as-collateral-on-justlend-dao/601 "2024-10-24T11:44:21Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![roby](https://avatars.discourse-cdn.com/v4/letter/r/f1d935/32.png) [@roby](https://forum.justlend.org/u/roby)\
**Post date:** [October 24, 2024, 11:44am UTC](https://forum.justlend.org/t/adding-usdd-as-collateral-on-justlend-dao/601/1 "2024-10-24T11:44:21Z")

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**Summary:**  
This proposal suggests adding USDD, the decentralized stablecoin on the TRON blockchain, as a collateral option on JustLend DAO. USDD offers a stable value and operates with decentralized governance, making it a secure and valuable asset for the platform.

**Benefits:**

- **Increased Liquidity:** Adding USDD expands borrowing and lending options for users, enhancing liquidity on JustLend.
- **Stability:** As a fully collateralized stablecoin, USDD brings additional security to the ecosystem.
- **Growing Adoption:** As USDD adoption grows across DeFi platforms, adding it to JustLend will attract more users and increase activity.