Just Token
Name
Just Token
Summary
JUST is committed to developing TRON-based DeFi protocols and aims to provide all-in-one financial solutions to its users.
It is an entire suite of products that are mostly centered around a decentralized stablecoin lending platform known as JustStable.
Users can mint USDJ stablecoins by locking TRX tokens in Collateralized Debt Positions (CDPs).
When a user decides to deposit USDJ stablecoins into her CDP and withdraw her collateral, she is also required to pay an interest, or stability fee, to the network.
Rating
Symbol
JST
Overview
The JUST ecosystem is managed by the JUST Foundation, which includes individuals from Alibaba, Tencent, IBM and "other world-class internet companies," while JUST's financial analysis team hails from "several global investment banks" according to the project website.
Unlike most other DeFi platforms, JUST isn’t just looking to offer a single product that offers utility to a small subset of DeFi users. Instead, it’s attempting to build an entire suite of products that cover a range of DeFi use cases, forming the foundations of a complete DeFi ecosystem on TRON.
Historical Price Movement (in INR)
Technology
JUST system governance relies mainly on JST holders. While JST holders earn revenue from the stability fees of USDJ, they are also responsible for the governance of the JUST system, which is done through selecting valid proposals by JST voters.
JST is the exclusive token for DApp governance and various protocols in the JUST ecosystem. It can be earned through mining, trading and participating in campaigns.
USDJ is a collateral-based decentralized stablecoin that is pegged to USD at 1:1 and keeps the exchange rate stable with an automatic feedback mechanism. It can be earned through staking and trading.
Use of Native tokens in the ecosystem:
JST is a TRC-20 token, can be used for paying interest, platform maintenance as well as other activities on the blockchain.
Ecosystem
30%
Strategic Partnerships
26%
Team
19%
Token sales
15%
Airdrop (Only for TRX Holders)
10%
Volume ( as of 25th april 2022)
$86,581,590
Total Supply
9,900,000,000 JST
Circulating Supply
7,300,000,000 JST
Crowd Sales
05/05/2020 - IEO - $4.07M
Funding
NA
Year Incorporated
2020
Founding Team
Name | Designation | Education | Experience |
Anonymous |