What is JUST?(Lesson 1)
I. Introduction
The Next Generation of DeFi on TRON. JUST is committed to developing TRON-based DeFi protocols and aims to provide all-in-one financial solutions to its users. JUST Foundation has a vibrant and talented team. Half of the members of its tech team come from A-list Internet companies such as Alibaba, Tencent, and IBM, and are veterans in product design and development.
Financial analysts of JUST come from investment banks across the world, and its operations team is experienced in the blockchain industry. JUST is also a staunch supporter of the TRON ecosystem. JUST’s current DeFi include JustStable, JustLend, and Just Cryptos.
1. JustStable
JustStable is a decentralized finance system of USDJ stablecoin for everyone, anywhere, anytime.
1.1 Fair
JST holders can participate in the governance of the USDJ currency system, then achieve decentralized autonomy, the true fairness.
1.2 Borderless
Available for anyone to open a free account, and own USDJ anywhere, anytime.
1.3 Prosperous
Access the thriving TRON ecosystem and DApps gives everyone more chances to profit.
2. JustLend
The first official lending platform on TRON where users can borrow, lend, deposit assets and earn interests.
2.1 Automatic Order Matching
Automatically match supply and borrow requirements, and generate attractive returns on supplies.
2.2 Generous Returns
Supply and withdrawal are allowed anytime. Tightly integrate with TRON DeFi applications and promise immediate, generous returns.
2.3 Fast & Efficient
Drawing strengths from the high-performing TRON network, JustLend allows fast and cost-effective transactions.
3. Just Cryptos
Just Cryptos builds a bridge that connects premium cryptocurrencies from the TRON network and other public chains and introduces token value to TRON to power the JUST ecosystem. All assets are stored and can be swapped on Poloniex.
2.1 Safe and Reliable
We provide trusted swap service that easily converts tokens on other public chains into TRC-20 assets.
2.2 Efficient
The well-performing TRON network offers low handling fees and a fast transaction experience.
2.3 Open and Transparent
Everyone can check the total supply, total reserve, and the breakdown of an asset.
II.Tokens
1. JST
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.
2. USDJ
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.
III. Features & Advantages
1. Trust & Authorization-free
Access and availability for everyone, free of authorization from third parties; all transactions are automatically executed by smart contracts, free of the third party as a medium.
2. Standard & Interoperability
Standardized financial protocol and contract-based DeFi factors. Protocols can be overlaid to create more potential scenarios.
3. Secure
Users face minimal risks as financial business logic is implemented by smart contracts, with which on-chain actions are traceable and third-party audits can be strictly enforced.
4. Decentralization
JST holders can jointly govern the JUST community and make decisions on incentives, pooling efforts for building the next-generation DeFi ecosystem.