Just is a popular new Decentralised Finance ecosystem on TRON blockchain. It includes several products centered around a decentralized stable coin lending platform called JustStable. It was launched in August 2020 and its native currency JST has been in circulation since May 2021.
The platform is designed to be a fair and borderless hub of DeFi products accessible for any TRON user. It is created and managed by JUST Foundation and consists of professionals with experience in Alibaba, Tencent, IBM, and other internet companies.
Unlike many similar projects JUST offers not a single product for a subset of DeFi users, it aims to create an entire set of the products to fulfill several use-cases that will form a complete DeFi ecosystem on TRON. Currently, the ecosystem includes four products: JustStable — decentralized multi-collateral stablecoin platform, JustLend — TRON-powered money market protocol, Just Swap — an automated market maker platform for trustless TRC-20 token swaps and the creation of permissionless liquidity pools, JustLink — the first decentralized oracle system for supplying smart contracts with the real-world data, cross-chain tokens — the coins from other networks that have been tokenized on TRON and can be used within JUST ecosystem.
Just is a two-token ecosystem built around JST and USDJ tokens. USDJ price is pegged to the USD dollar and JST is created for certain purposes of the network. USDJ can be obtained through depositing collateral as the collateralized tokens including TRON and others. The assets are then exchanged to PTRX tokens and locked as a collateralized debt position.
JST is the native token for the dApps governance and the various protocols of the Just ecosystem. The users can mine and trade it, and also get from participating in the campaigns. The governance is performed through decentralized voting by the token holders that can make decisions on incentives, pooling efforts, and the next-generation DeFi ecosystem.