JustLend is the leading decentralized lending and borrowing protocol on the TRON blockchain.
It operates as a non-custodial money market where users earn interest by supplying assets or borrow against collateral, all powered by smart contracts without intermediaries.
Core Components
Smart Contracts: Handle supplying, borrowing, interest, and liquidation
.
Markets: Separate pools for assets like TRX, USDT, USDD, and more.
jTokens: When you supply assets, you receive interest-bearing tokens (jTRX, jUSDT, etc.) that represent your share and accrued yield.
How It Works
Suppliers (Lenders):
Users deposit assets, receive jTokens, and earn variable APY based on market demand. jTokens can also serve as collateral. Assets plus interest can be redeemed anytime.
Borrowers:
Users first supply collateral, then borrow other assets. Interest rates adjust based on utilization. Loans can be repaid anytime to unlock collateral.
Risk Management:
If positions become under-collateralised, liquidators repay debt and receive discounted collateral, keeping the system solvent.
Key Operations
Supply, Redeem, Borrow, Repay, and Liquidate are all permissionless.
Running on TRON’s fast, low-cost network, JustLend enables efficient DeFi lending and yield generation for users worldwide.
@TRON DAO @Justin Sun孙宇晨 #TronEcoStars