source avatarweb3lovar ❤️ 💜

Share

𝗧𝗪𝗘𝗡𝗧𝗬 𝗙𝗢𝗨𝗥 𝗠𝗔𝗥𝗞𝗘𝗧𝗦, 𝗢𝗡𝗘 𝗟𝗘𝗡𝗗𝗜𝗡𝗚 𝗖𝗢𝗥𝗘 Start small. Supply TRX to JustLend DAO and the protocol mints jTRX, a TRC20 receipt token that represents your claim on that specific pool. Exactly how that one jToken behaves is precise. It uses 8 decimal places regardless of the underlying asset's own decimal convention, and its exchange rate against TRX appreciates as interest accrues to the pool. Multiply that single market by every asset JustLend DAO supports and the picture widens quickly. The authoritative list now shows 18 active markets alongside 6 legacy markets, 24 jToken markets in total on TRON Mainnet. Each of those markets connects to the same underlying Supply and Borrow Market infrastructure, whether it is a blue chip asset like TRX and USDT or a newer stablecoin market added through governance. Zooming out further, this is what turns a lending protocol into ecosystem infrastructure. Developers building anywhere on TRON can assume a JustLend DAO market probably exists for the asset they care about. That assumption is exactly why JustLend DAO functions as the default venue for idle TRON assets. Twenty four markets is not just a count, it is coverage. One jToken, minted the moment you supply an asset, is the smallest unit of a lending system now large enough to anchor an entire chain's DeFi activity. @justinsuntron @DeFi_JUST #TRONEcoStar

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.