Market Data & Token Stats
| Fully Diluted Valuation | $684.77M |
|---|---|
| 24H Trading Volume | $30.94M |
| 24H Low / High | $0.07972 / $0.08330 |
| Circulating Supply | 8.54B |
| Total Supply | 8.54B |
| Max Supply | 9.90B |
Key Project Information
| Categories | Decentralized Finance (DeFi) 1 more |
|---|---|
| Founder | JUST network ecosystem |
| Website | just.network Whitepaper 1 more |
| Socials | |
| Chains | Tron Ecosystem |
| Explorer | Arkm 1 more |
| Contracts |
TCFLL....WZZy9
|
OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
JUST (jst) Expert User Reviews
Is JUST safe or a scam? Read verified Crypto OG reviews about JUST
$jst Markets
| Name | Pair | OG Score |
|---|
About JUST
USDJ a stablecoin within the TRON network, offering users a reliable peg to the US dollar through innovative Collateralized Debt Positions (CDPs) and autonomous feedback mechanisms.
Developed by the JUST Foundation, USDJ allows anyone to pledge TRX as collateral to generate this USD-pegged stablecoin. The process involves converting TRX to PTRX, creating a CDP and depositing PTRX as collateral. The generated USDJ enters free circulation, functioning like any other cryptocurrency. However, the uniqueness lies in its robust stability mechanisms.
USDJ's initial 1-to-1 peg to the US dollar is maintained through a Target Rate Feedback Mechanism (TRFM) during market instability. Moreover, USDJ introduces a global settlement mechanism, empowering JST token holders to initiate a three-step process to mitigate risks when the price deviates from the actual US Dollar rate.
The comprehensive risk-management program embedded in the USDJ stablecoin system is under the governance of JST token holders. These holders, with backgrounds from leading companies like Alibaba, Tencent and IBM, actively participate in the JUST DeFi ecosystem, controlling key decisions through the JUST governance system.
JST, the token integral to the JUST ecosystem, is not just a governance token but a key element in creating TRON-based DeFi protocols. With features like trust and authorization-free transactions, standardization, security and decentralization, JST holders play a pivotal role in managing the JUST community and making decisions on incentives.
USDJ's uniqueness is further accentuated by its collateral-based decentralized stablecoin model, pegged 1:1 to the USD. Acquired through staking and trading, USDJ is supported by asset reserves to maintain price stability, providing users with a secure and decentralized medium of exchange.
As the governance backbone of the JUST system, JST holders earn income from the stability prices of USDJ while actively managing the JUST ecosystem. Through voting on proposals, JST holders collectively decide on smart contracts that alter system parameters, ensuring a decentralized and fair governance process.
The history of the JUST Foundation underscores its strength, with a team comprising members from top-tier internet companies and financial analysts from global investment banks. As a robust supporter of the TRON ecosystem, JUST continues to pave the way for innovative DeFi solutions, solidifying USDJ's position as a trailblazing stablecoin within the ever-evolving cryptocurrency landscape.
USDJ employs a comprehensive risk-management program within the JUST DeFi ecosystem. JST token holders, part of the governance system, control key decisions, including the modification of sensitivity parameters, Target Rate Feedback Mechanism (TRFM), selection of trusted oracles and other security measures outlined in the whitepaper, ensuring the stability and security of the USDJ currency system.
What is unique about JUST (JST)?
USDJ is a decentralized stablecoin on the TRON network pegged to the USD, with autonomous feedback mechanisms and a global settlement feature initiated by JST token holders in case of price deviations, ensuring stability and risk mitigation.
Who are the founders of JUST (JST)?
USDJ is developed by the JUST Foundation, featuring a skilled team with experience from Alibaba, Tencent and IBM, dedicated to creating a robust DeFi ecosystem on TRON.
Who are the backers/investors of JUST (JST)?
USDJ is part of the JUST DeFi ecosystem supported by the JUST Foundation, known for its strong team with backgrounds in leading internet companies and the blockchain industry.
Where can I buy JUST (JST)?
You can buy JUST (JST) on Binance, Bybit, Gate.io, MEXCBitget cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the JUST Official Website, JUST Whitepaper and JUST X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
Join
OGAudit
