What is JustLend?

  • Fund supply: JustLend adopts the idea of crypto market fund pools, with different underlying assets corresponding to their own markets.
  • Matching: Orders are matched by smart contracts automatically. There is no need for suppliers and borrowers to negotiate interest rates, loan terms, etc.
  • Interest accrual: Interest accrues as each block is generated on TRON (which takes around 3 seconds).
  • Lending: Lending is executed in real-time. Suppliers can enjoy interest without any action as long as they hold jToken.
  • Repayment: Borrow and repay as you go. Borrowing can be done as long as the collateral value * collateral factor > loan value + accumulated interest.
  • Supplying/borrowing interest rate: The floating interest rate is automatically calculated by JustLend smart contracts based on market supply and demand.
  • Liquidation: If the borrower’s collateral value falls below the liquidation threshold, JustLend smart contracts will automatically trigger liquidation.
  • Users can swap multiple TRC20 tokens in their possession in exchange for other TRC20 tokens.
  • We can short a certain token: borrow the token we wish to short from JustLend and sell on the exchange prior to its fall. This allows us to profit from the token’s loss.

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