JUSD Lending on Citrea.
Borrow JUSD against your Bitcoin collateral. Fully decentralized, non-custodial, and built for the Citrea Layer-2 ecosystem.
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Secure, On-Chain Borrowing
Proven Protocol
JUSD builds on the established decentralized protocols behind Frankencoin and dEURO, bringing these trusted systems to the Citrea Layer-2 ecosystem.
No Oracles
JUSD operates entirely without external price oracles, eliminating a key point of failure. This makes it the only USD stablecoin truly independent and trust-minimized.
Sensorship-resistant Stablecoin
From collateral to issuance, every step is handled on-chain without intermediaries. JUSD protocol is censorship-resistant and governed purely by code.
Get started
1.
Bridge Bitcoin to Citrea
To begin lending on the Citrea, simply bridge your native BTC via the Citrea Bridge or swap wrapped BTC like wBTC into cBTC via Juice Swap. Both options are seamless, secure, and fully on-chain.
2.
Deposit cBTC as Collateral
Turn your BTC into working capital on Citrea: deposit it as collateral, mint JUSD instantly, and access liquidity without selling — all non-custodially and at attractive terms that adapt to your needs.
3.
Use JUSD in the Citrea Ecosystem
Expand your portfolio — with the freshly minted JUSD you can leverage your Bitcoin position or diversify into other cryptocurrencies. With Juice Swap, convert JUSD into a wide range of tokens across the Citrea blockchain as well as many other supported blockchains.
FAQs
Got more questions?
What is JUSD Lending?
JUSD lending is a decentralized function on the Citrea Layer-2 that allows you to borrow JUSD (the ecosystem's stablecoin) by using your Bitcoin (cBTC) as collateral. This way, you can unlock liquidity.
How does the lending process work?
• Enter the desired amount of BTC collateral
• Define your liquidation price and expiration date.
• Once everything is configured, the JUSD will be sent directly to your wallet.
What can I do with the borrowed cUSD?
With the JUSD you borrow, you can:
• Hold JUSD,
• Swap JUSD for another asset,
• Withdraw JUSD to your bank account,
• Use JUSD in daily life.
What happens if the liquidation price is reached?
If the liquidation price is reached, your position will be liquidated, and the deposited asset will be auctioned off. The collateral reserve goes to the bidders and the protocol as profit. It’s important to carefully choose your liquidation price to avoid unwanted liquidations.
What happens if I exceed the expiration date?
If you exceed the expiration date, your collateral will be auctioned off. It’s important to act in time and repay or extend the loan amount to avoid unwanted liquidations.
How long does it take to receive my borrowed cUSD?
Once you’ve completed all steps, the borrowed cUSD will be instantly sent to your wallet.