The live price of JUST is - per (JST / USD) with a current market cap of $351.01M USD. 24-hour trading volume is - USD. JST to USD price is updated in real-time. JUST is -% in the last 24 hours with a circulating supply of 9.90B.
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The JUST decentralized finance (DeFi) platform was created by TRON founder Justin Sun and launched in Q3 of 2022. The platform aims to strengthen the TRON blockchain by ensuring ease of use across a range of DeFi tools. JUST primarily consists of JustStable, JustLend, JustSwap, and JustLink.
The platform utilizes cross-chain tokens and its own stablecoin, USDJ, to perform its protocol functions. JST, the governance token of the network, is another native cryptocurrency of the platform.
Recently, TRON founder Justin Sun announced plans to develop a payment system based on the TRON blockchain and ChatGPT technology. This innovative payment solution aims to make transactions smoother, more secure, and instantaneous, while enhancing user experience. As part of the TRON ecosystem, the JST token can be used within this new payment system.
JUST's goal is to build a fair decentralized financial system that provides stablecoin lending and governance mechanisms to users worldwide. JUST operates on a dual-token system: USDJ, a stablecoin pegged 1:1 to the US dollar, is generated by collateralizing TRX on the JUST CDP lending platform; and JST, the governance token, grants holders decision-making power over the JUST platform. Additionally, JST can be used to pay interest on CDP loans. All transactions, collateralization, and governance activities on the JUST platform are transparent and executed on-chain.
JST aims to build a fair decentralized financial system and provide stablecoin lending and governance tools to global users.
JST is part of a dual-token system. USDJ is a stablecoin pegged 1:1 to the US dollar and generated by collateralizing TRX on JST’s CDP lending platform. JST is part of the USDJ monetary system. Holding JST allows participation in community governance and paying CDP borrowing stability fees under a fair governance framework.
All transactions, collateral, and governance on the JST platform are transparent and conducted on-chain. Built on the TRON network, the largest decentralized application ecosystem, JST is designed to provide easy-to-use and highly transparent financial services to users worldwide.
The JUST platform is named after its founder, Justin Sun.
TRON founder Justin Sun created JUST in 2020. The platform aims to become the primary DeFi hub on the TRON blockchain.
JST is used for network governance on the JUST platform, allowing stakers to vote on decisions that impact the future of the protocol. JST can also be used to pay stability fees, platform fees, and for other activities within the JUST ecosystem.
JUST is said to be one of the first fully functional DeFi platforms on the TRON blockchain. Its components, JustStable and JustLend, offer DeFi traders and investors a wider range of options. JUST is known for its dual-token ecosystem consisting of the USDJ stablecoin and the JST governance token.
Notably, users can obtain USDJ by depositing collateral in the form of supported cryptocurrencies (such as TRON’s native token TRX) on the JUST platform.
The maximum supply of JST tokens is 9,900,000,000. As of the time of writing, the circulating supply is 8,902,080,000 tokens.
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