The JUST platform shows steady growth in the TRON DeFi ecosystem
The JUST platform, a key component in the TRON DeFi ecosystem, has shown stable performance this week. According to ChainCatcher, the total value locked in the platform reached $11.01 billion, representing 41.96% of the total TRON DeFi volume. The supply on the platform is $3.59 billion, with total borrowing amounts reaching $210.28 million. In addition, the repurchase and burning mechanism of the JST token is progressing steadily, with over 1.08 billion tokens burned, representing 10.96% of the total supply, enhancing the token's value through inflationary effects.
The strong locked value data and ongoing repurchase and burning activities provide strong support for the long-term development of JUST. In the future, JUST plans to focus on product development and building the ecosystem to enhance capital efficiency and user experience, contributing to the healthy growth of the TRON DeFi ecosystem.$JST #Binance