Buy JUST (JST)

Just (JST) is a decentralized finance (DeFi) platform built on the TRON blockchain. It offers a wide range of financial services such as stablecoin lending, token swaps, and liquidity pools, combining various DeFi functionalities into a single platform. Since its launch in 2020, Just has become a popular DeFi ecosystem for both beginner and experienced crypto traders.

The platform uses a two-token system: JST and USDJ. JST is the platform’s governance and utility token, while USDJ is a stablecoin pegged to the US dollar. Users can acquire USDJ by depositing collateral, such as TRX (the native token of the TRON blockchain), into the JustStable platform, Just’s flagship product. This allows users to borrow stablecoins without having to sell their existing cryptocurrencies.

Another important feature within the ecosystem is JustLend, a money market platform where users can participate in liquidity pools and take out loans at low interest rates. This makes it easier to get access to credit quickly. In addition, Just also offers a decentralized exchange (DEX) called JustSwap, where users can trade TRC-20 tokens without any third party intervention.

Just offers even more advanced features, such as JustLink, an oracle system that provides real-time data to smart contracts, and the ability to use cross-chain tokens. This allows users to tokenize and trade assets such as Bitcoin and Ethereum on the TRON blockchain.

For users looking for an all-in-one solution for their DeFi needs, Just is particularly attractive. Instead of switching between different platforms, Just offers a comprehensive ecosystem where multiple DeFi services are available in one place.

Who founded Just?

Just (JST) was founded by Justin Sun, a well-known figure in the crypto space and founder of TRON. Sun launched Just in 2020 as an extension of the TRON ecosystem. With his previous success in founding TRON and his involvement in BitTorrent, he managed to draw a lot of attention to Just.

The team behind Just consists of experienced developers and blockchain experts who work closely with the TRON network. The strong support of this robust ecosystem allows Just to innovate quickly and add new features regularly.

Just offers various features and applications for both end users and developers:

• Borrow stablecoins: Users can borrow USDJ stablecoins by depositing collateral, such as TRX. This allows them to gain liquidity without having to sell their crypto holdings.
• Provide liquidity: JustLend allows users to add liquidity to pools and in return receive interest or take out low-interest loans.
• Perform token swaps: JustSwap allows users to trade TRC-20 tokens trustlessly without third-party intervention.
• Participate in governance: JST token holders can vote on important decisions within the platform, thus contributing to the governance of the ecosystem.
• Oracle system: JustLink provides reliable real-time data to smart contracts, allowing them to function optimally.
• Cross-chain tokenization: Users can tokenize assets like Bitcoin and Ethereum for use on the TRON blockchain, providing access to DeFi applications without moving the original assets.

Just is built on the TRON blockchain and offers a comprehensive DeFi ecosystem consisting of various products and services, including JustStable, JustLend, JustSwap, JustLink, and cross-chain tokenization.

JustStable

JustStable is the flagship product within the Just ecosystem and allows users to borrow USDJ stablecoins. Users deposit TRX or other supported tokens as collateral, which is then converted into PTRX and locked to form a Collateralized Debt Position (CDP). Based on the amount of collateral, users can borrow USDJ stablecoins.

This system allows crypto traders to access liquidity without selling their collateral, which is especially useful for traders who want to maintain their positions while simultaneously obtaining additional capital for yield farming or other investments.

JustLend

JustLend is Just’s money market platform where users can borrow or lend with crypto. By participating in liquidity pools, users can earn interest or take out loans themselves at low interest rates. The platform operates via smart contracts on TRON, providing an easy way to obtain credit within the TRON ecosystem.

JustSwap

JustSwap is Just’s decentralized trading platform, where users can trade TRC-20 tokens. The platform uses an Automated Market Maker (AMM), meaning that trades are executed without the need for a third party. JustSwap also allows users to create permissionless liquidity pools, meaning that anyone can access them. This allows any user to start and manage their own market.

JustLink

JustLink is Just’s oracle system that brings real-time data from external sources to smart contracts. This is crucial for decentralized applications that require external data to function properly. JustLink provides reliable and accurate data, which strengthens the operation of smart contracts within the Just ecosystem.

Cross-chain tokenization

Another key feature of Just is the ability to tokenize assets from other blockchains, such as Bitcoin and Ethereum, and use them within the TRON ecosystem. This allows the value of these assets to be integrated into DeFi applications without having to move them from their native blockchain. This allows users to enjoy the benefits of TRON’s fast and affordable transactions while still having access to the value of their Bitcoin or Ethereum.

The JST token plays a crucial role in the Just ecosystem. JST is primarily used for governance, allowing holders to vote on platform changes and updates. In addition to governance, JST is used to pay transaction fees and maintain the platform, making it central to Just’s operations.

Users can earn JST tokens by participating in campaigns, staking, or trading the tokens on various crypto exchanges. The maximum supply of JST tokens is set at 9.9 billion, ensuring a controlled availability.

Just offers several unique features that set the platform apart within the blockchain and DeFi sector:

• Multi-product support: Just offers a wide range of solutions covering different DeFi needs within one ecosystem with JustStable, JustLend, JustSwap and JustLink, eliminating the need for users to switch between different platforms.
• Dual token system: JST is used for governance, while USDJ acts as a stablecoin pegged to the US dollar. This dual token system provides additional capabilities to the Just platform.
• Cross-chain tokenization: Just allows users to tokenize assets from other blockchains, such as Bitcoin and Ethereum, and use them within the TRON ecosystem.
• Community governance: JST holders have voting rights on important decisions within the platform, ensuring a decentralized and democratic ecosystem.

Keen to buy Just (JST)? At Bitvavo, you can purchase JST using our platform which is suitable for both beginners and experienced traders. Follow these steps to purchase Just tokens:

1. Create an account or log in to your existing Bitvavo account.
2. Deposit money by clicking "Deposit".
3. Head to the Just (JST) purchase page.
4. Enter the amount in euros you want to invest, or select the number of JST tokens you wish to purchase, and click "Buy".

The current market rate determines how expensive Just (JST) is at the moment. After purchase, your tokens will be automatically added to your Bitvavo account. Here you can easily manage and trade them so that you can quickly respond to market developments.

You can safely store your Just (JST) tokens within your Bitvavo account. Bitvavo provides extra security by keeping the majority of customer funds in cold storage. Looking for extra protection? Then activate two-factor authentication (2FA) to use a verification code in addition to your password with every login.

If you choose to store your JST tokens externally, several software and hardware wallets support Just storage. To send Just tokens from your Bitvavo account, first validate the external wallet address within your account.