What is JUST (JST)?

Deep Dive

1. Purpose & Value Proposition

JUST aims to provide borderless DeFi services, initially enabling users to mint the USDJ stablecoin by locking TRON-based collateral. While USDJ is being phased out by September 30, 2025 (JUST DAO), JST remains critical for governing TRON’s DeFi infrastructure, including lending protocol JustLend DAO, which manages $8.16B in assets.

2. Technology & Architecture

Built on TRON’s high-throughput blockchain, JUST leverages smart contracts for automated lending/borrowing. Its architecture supports collateralized debt positions (CDPs), where users lock assets like TRX to mint stablecoins—though USDJ is transitioning to a floating exchange rate post-sunset.

3. Tokenomics & Governance

JST has three core utilities:
- Governance: Voting on protocol upgrades (e.g., adjusting interest rates).
- Fee Payment: Settling transaction costs within the ecosystem.
- Incentives: Rewarding participation in network maintenance.
With USDJ’s retirement, JST’s role may expand to oversee new stablecoin integrations or DeFi products.

Conclusion

JUST is a TRON-native DeFi protocol evolving from a stablecoin-focused platform to a broader governance ecosystem. As JST adapts to post-USDJ dynamics, how will its community steer TRON’s DeFi growth amid competing stablecoin models?