JUST to Be Listed on Phemex — TradingView News

Listing

Phemex will listing JUST DAO (JST) on April twenty ninth.

JST Data

JUST is a decentralized finance (DeFi) ecosystem on the TRON blockchain, launched in August 2020. It presents a collection of DeFi merchandise, primarily centered round JustStable, a decentralized stablecoin lending platform. The ecosystem goals to supply a complete vary of DeFi providers, creating a whole DeFi ecosystem on TRON.

JUST’s platform contains numerous merchandise like JustStable, JustLend, JustSwap, JustLink, and tokenized cross-chain belongings. Customers can deposit collateral tokens, like TRON (TRX), to mint USDJ, a stablecoin pegged to the US greenback. This course of entails making a collateralized debt place (CDP). JustLend permits for liquidity provision and low-interest loans, JustSwap facilitates trustless token swaps, and JustLink offers decentralized oracle providers.

JST is the native governance token of the JUST ecosystem, circulating since Could 2020. It serves a number of capabilities on the platform, together with paying curiosity, sustaining the platform, and taking part in governance choices. These choices contain setting essential parameters like rates of interest and minimal collateralization ratios. JST performs a central function within the operation and governance of the JUST ecosystem.

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