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What Value does JUST (JST) offer?

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JUST (JST) is an effort to build DeFi protocols for the TRON blockchain. DeFi stands for decentralized finance.

The hope at JUST is to build DeFi protocols and apps on the TRON (TRX). TRON claims to be the world’s fastest growing public blockchain, supporting 77 million accounts and 2.8 billion transactions. On 17 February 2022, they claim TRON was supporting 77.063 million accounts, 3.63 billion transactions, and a 24-Hour Transaction Volume of $1.002 billion. In addition, they estimate, 48.62 million accounts were holding TRON on 17 February 2022.

The hope at JUST is to build DeFi protocols and apps on the TRON (TRX). TRON claims to be the world’s fastest growing public blockchain, supporting 77 million accounts and 2.8 billion transactions. On 17 February 2022, they claim TRON was supporting 77.063 million accounts, 3.63 billion transactions, and a 24-Hour Transaction Volume of $1.002 billion. In addition, they estimate, 48.62 million accounts were holding TRON on 17 February 2022.

I think the data shows TRON could be scalable. For example, on 17 February 2022, they estimate TRON had an $1.002 billion 24-Hour Market Volume, a Circulating Supply of 1.01788 billion TRX and a Market Capitalization of $6.418 billion.. Moreover, they claim the TRON Network had $8.247 billion in Total Locked Value on 17 February 2022.

Building Scalable DeFi solutions

Therefore, JUST (JST) is trying to build scalable DeFi protocols and apps for the TRON ecosystem. Interestingly, JUST has several of those protocols up and running.

For example, JustStable is a decentralized finance system that supports the USDJ stablecoin. CoinMarketCap gave USDJ (USDJ) a Coin Price of 99.87₵, a Market Capitalization of $14.833 million, a Fully Diluted Market Cap of $14.826 million, and a 24-Hour Market Volume of $1.528 million on 17 February 2022. They based those numbers on a Circulating Supply of 14.849 billion USDJ. CoinMarketCap named USDJ the 866th largest cryptocurrency on 17 February 2022.

Similarly, JustLend is the official lending platform for the TRON ecosystem. JustLend’s features include Automatic Order Matching that governs match supply borrowing requirements. They also claim JustLend offers generous returns through supply and withdrawals anytime.

JustLend offers access to a lending market. They estimate the JustLend Lending Market had a Total Supply of $1.987 billion and Total Borrowing of $57.088 million on 17 February 2022. JustLend enables borrowing and lending in many cryptocurrencies, including Tether (USDT), Just Stablecoin (JUST), TRON (TRX), Sun (SUN), Ethereum (ETH), and USDC (USDC).

Just Cryptos builds a bridge that connects TRON cryptocurrencies to cryptos built with other blockchains. For example, connecting JUST (JST) to Ethereum (ETH) or Binance (BNB).

What is JUST (JST)?

They have built two tokens with JUST, the JUST (JST) and USDJ (USDJ). The JUST is the exclusive token for protocols and DApps (decentralized apps) governance in the JUST ecosystem. As a governance token, JST gives holders voting rights in the JUST ecosystem.

Users can earn JUST through trading, mining, and participation in the ecosystem. They claim users can mine JUST (JST) by making deposits, lending, providing liquidity, and performing other tasks.

There is a strong interest in JUST (JST). CoinMarketCap named JUST the 13th most trending cryptocurrency on 15 February 2022. In contrast, CoinMarketCap named JST the 152nd largest cryptocurrency on 17 February 2022.

What Value Does JUST (JST) have?

CoinMarketCap gave JST a Coin Price of 4.947₵, a Market Capitalization of $361.146 million, a Fully Diluted Market Cap of $489.907 million, and a 24-Hour Market Volume of $237.084 million on 17 February 2022. They based those numbers on a Circulating Supply of 7.308 billion JST, a Maximum Supply of 9.9 billion JST, and a Total Supply of 9.9 billion JST.

In contrast, CoinBase gave JUST (JST) a Coin Price of 4.96₵,  a $361.5 million Market Cap, and a 24-Hour Market Volume of $236.8 million on 17 February 2022. They based those numbers on a Circulating Supply of 7.3 billion JST. CoinBase gave JUST (JST) an all-time high Coin Price of 2.1₵.

I consider JUST an interesting cryptocurrency that could gain enormous value because of the DeFi applications. In particular, I think JUST could find an enormous market among investment bankers and currency traders.

I consider JUST an interesting cryptocurrency that could gain enormous value because of the DeFi applications. In particular, I think JUST could find an enormous market among investment bankers and currency traders.

If you are seeking a DeFi protocol and token with true value, JUST (JST) is worth examining.