JUST (JST) ecosystem encompasses a variety of products aimed at enhancing its DeFi offerings. This includes JustSwap for TRC-20 token swaps, JustLink for securely supplying smart contracts with real-world data, and JustLend for low-interest crypto loans. These services collectively establish a foundation for the platform's ecosystem, leveraging the JST token for transaction verification, liquidity provision, and network governance.
Launched in 2020 by Justin Sun, the JUST platform is managed by the JUST Foundation, comprising notable figures from major tech and financial companies.
JST is a cryptocurrency integral to the JUST DeFi platform on the TRON blockchain, envisioned by the TRON Foundation. It serves a multitude of functions within this ecosystem, including governance, where JST holders can participate in decentralized voting. This multifaceted platform offers various DeFi products, notably including JustStable, a decentralized stablecoin lending platform that allows users to borrow the USDJ stablecoin against TRX and other tokenized assets on the TRON blockchain.
USDJ stands as a 1:1 USD-pegged stablecoin, facilitating stablecoin transactions without necessitating the sale of crypto assets. The JUST ecosystem emphasizes cross-chain interoperability, enabling the use of tokens from other blockchains, such as Ethereum, Bitcoin, and Litecoin, provided they're tokenized on TRON.
