Review on JUST by francis fernandez
JUST: a tool to access credits safely on the blockchain network
JUST is a digital asset whose initials are JST, located in the cryptographic category as a stable currency that operates on the TRON blockchain.
The cryptocurrency was presented to the market on May 2020 and has an established maximum supply of 9,900,000,000 JST.
JUST is a platform that is part of the financial ecosystem established to offer credits in stable value currencies and grant global adoption governance tokens.
Token features:
• The network implements a mechanism based on two tabs:
1-USDJ Token:
It is a digital asset with 1: 1 equivalence between the US dollar and the cryptocurrency that is backed by TRX for issuance using the JUST CDP channel.
2-Token JUST:
It is the engine responsible for ensuring the execution, validation, and governance of blockchain operations. It also focuses on TRON technology and is responsible for providing reliable and easily accessible financial services for its users. Among the utilities offered by this token are:
• Interest payment.
• Conservation of the platform
• Grants the right to vote in consensus.
Utilities:
• The JUST token allows its owner to carry out staking with the TRX cryptocurrency to generate USDJ that is exchangeable for the US dollar in a 1: 1 ratio.
• Allows you to trade currencies with a wide range of compatible crypto assets and exchange them for US dollars.
• Serves as an investment instrument and a secure cryptocurrency conversion mechanism.
• Allows the user to access financial services without restrictions or regulations and securely obtain credits.
Pros
- It is a decentralized application.
- It is a digital asset linked to a fiat currency that has a stable value.
- It allows access to financing in stable value currencies.
- It offers reliable financial services due to the use of blockchain technology
Cons
- There are no disadvantages in its use.
