JUST (JST)

JUST is currently trading at $0.0219, after a price change of 0.34% in the last 24 hours.

Ranked as cryptocurrency #7615 by capitalization today, JST market cap is valued at $0.00000000. JST trading volume reached $10.67 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on JST coin price prediction page.

What is JUST?

JUST is a decentralized finance protocol that is based on the TRON blockchain. The protocol features multiple products based on a decentralized stablecoin lending platform called JustStable. Other featured products in the network include JustLend, JustLink, JustSwap, and Cross-chain tokens. JustLend is a money market platform, while JustSwap is an Automated Market Maker. JustLink is a decentralized oracle system, while cross-chain tokens are a suite of tokenized assets from other protocols.

JUST is a dual token ecosystem featuring USDJ and JST tokens. USDJ is a multi-collateral stablecoin backed at a 1:1 ratio to the US dollar. The stablecoin, earned via staking and trading, is stabilized using an automatic feedback mechanism. JUST network is secured through TRON’s delegated proof-of-stake consensus model.

JST is a TRC20 standardized token used in the decentralized application governance of the JUST network. The token is earned through mining, trading, and taking part in promotions. JST is used in governance through decentralized voting. It can be mined via deposits, liquidity provisions, and related financial actions. 

JST is the native token powering the JUST protocol. There are 7.30 billion JST tokens from a total supply of 9.9 billion and a matching hard cap. 15% of the JST token supply is allocated to the seed and public sale, 45% to strategic partnerships and the development team, while the ecosystem and airdrops get 30% and 10% allocation, respectively.

JustStable was launched in 2020 by Just Foundation.