$JST is the governance and utility token of the JUST DeFi ecosystem built on the TRON blockchain. It plays a central role in a suite of decentralized financial services — including stablecoin issuance, lending, borrowing, and swaps. The ecosystem features products like JustStable (USDJ), JustLend DAO, JustSwap, and utility oracles.
📈 Price & Market Snapshot
Here’s a market snapshot for JST:
Current Price: ≈ $0.044–$0.046 USD (~₹4–₹4.3).
Market Cap: ~$390–$410M USD.
Supply: ~9.9 billion JST (circulating).
All-Time High: ~$0.2083 in 2021.
Price trends show JST well below its peak but with active trading and decent volume, indicating ongoing interest from DeFi users and TRON ecosystem participants.
⚙️ JST’s Core Utility
🔐 Governance & Voting
JST holders vote on parameters like fees, collateral ratios, and upgrades across the JUST protocols — real governance power tied to ecosystem decisions.
💰 Fee Payment & Burns
Users pay stability and transaction fees in JST within the JUST ecosystem. Part of these fees may be burned, introducing deflationary mechanics to potentially reduce circulating supply over time.
🏦 DeFi Services
JST supports:
Stablecoin minting: Users lock assets to mint USDJ, a TRON-based stablecoin.
Lending & borrowing: Through JustLend DAO, users can supply assets to earn interest or borrow USDJ.
Swaps: Decentralized token exchange via JustSwap.
🧠 Summary
JST (Just) is a governance and utility token powering one of TRON’s key DeFi ecosystems. It’s used to vote on protocol decisions, pay fees, and support lending, stablecoins, and swaps across multiple protocol layers. With active trading, deflationary burns, and broad utility in TRON’s DeFi world, JST remains a relevant DeFi token — though its long-term value hinges on continued ecosystem growth and wider adoption.
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