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.
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.
JUST offers various use cases, such as:
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.