JST
JUST
$0.00000000AUD
Market Cap
724.0M AUD
24H Trade Vol.
114.5M AUD
Total Supply
9.9B
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1M
1Y
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+0.00%
7D:
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Buy JUST (JST)

What is JUST?

JUST is a decentralised finance (DeFi) platform built on the TRON blockchain. It provides a suite of products centered around a decentralised stablecoin lending platform known as JustStable. The platform aims to offer fair and borderless DeFi services accessible to TRON users. It encompasses several components, including JustStable, JustLend, JustSwap, and JustLink, and uses two main tokens: USDJ and JST.

How does JUST work?

JUST operates using smart contracts on the TRON blockchain, utilising a Delegated Proof of Stake (DPoS) consensus mechanism for efficient transactions. Key components include JustStable for decentralised stablecoin lending, JustLend for lending and earning interest, JustSwap for token swaps through an automated market maker, and JustLink for providing decentralised oracle services. JST serves as the governance token for voting and for maintaining platform operations, while USDJ is a stablecoin pegged to the US dollar.

What are the potential use cases for JUST?

JUST offers various use cases, such as:

  1. Decentralised Lending: Users can lend and earn interest through JustLend.
  2. Stablecoin Issuance: USDJ can be used across different DeFi applications as a stable currency.
  3. Automated Market Making: JustSwap facilitates the exchange of TRC-20 tokens and the formation of liquidity pools.
  4. Decentralised Oracle System: JustLink provides real-world data to smart contracts.
  5. Cross-Chain Tokens: Allows the tokenisation and utilisation of assets from other networks within the JUST ecosystem.

What is the history of JUST?

JUST was founded by Justin Sun and launched in May 2020. It began with JustStable, marking the start of a comprehensive DeFi ecosystem on the TRON blockchain. Subsequently, JustLend, JustSwap, and JustLink were introduced, each adding new functionalities like lending, token swaps, and oracle services. Over time, JUST's market presence has expanded significantly, reflecting its growth and adoption within the DeFi space.

Frequently Asked Questions (FAQs)