About JustLend DAO
As the pioneer lending protocol on TRON, JustLend DAO is the building block of TRON DeFi. It acts as a trustless and transparent money market where users can supply assets to earn interest and borrow assets without any unnecessary intermediaries, with all actions executed by smart contracts and controlled by its community.
JustLend DAO is an algorithmic liquidity protocol. It does not have any interest rates or loans issued directly by an everyday financial system, these are based on the supply and demand of users in liquidity pools, which work in a fully automated mode using smart contracts. Thus, it powers an open and strong financial system that is available to all users with a TRON wallet.
Key Features
Pioneer Lending Protocol
The first and official lending market on TRON, tightly integrated within the ecosystem.
Supplying and Borrowing
Supply assets to earn interest and borrow assets without any unnecessary intermediaries.
Decentralized Governance (DAO)
Controlled by its community through the JST token.
JST Staking
An extra way to reward participation and increase voting power in the DAO.
Decentralized and Safe
Non-custodial, so you always have full control over your assets.
Instant Liquidity
Borrow against your holdings to seize market opportunities without needing to sell.
Core Functionality: Supplying and Borrowing
The platform has 2 main purposes: to provide liquidity, and to borrow assets. TRC-20 tokens can be supplied to the JustLend DAO protocol to become a liquidity provider there. The assets you provide are used as collateral meaning you can borrow other assets from the platform.
Decentralized Governance (DAO)
As the name suggests, JustLend DAO is controlled by its community. At the heart of this system is the JST token. JST holders can propose and vote for proposals to control the fate of the ecosystem. A staking mechanism of JST is also included as an extra way to reward participation.