JUST Stablecoin Price (USDJ)

JUST Stablecoin (USDJ) Price Now

JUST Stablecoin price today is $1.11 with a 24-hour trading volume of $244,429. USDJ price is up 0.07% in the last 24 hours. It has a circulating supply of 273.77Mil USDJ coins and a total supply of 153.86Mil.
In order to search for real-time and historical information about JUST Stablecoin (USDJ) blockchain, including data related to blocks, transactions, addresses, and more, you may use JUST Stablecoin (USDJ) block explorers. Here are some of the most popular and useful JUST Stablecoin (USDJ) blockchain explorers out there:

• tronscan.io

What Is JUST Stablecoin(USDJ)?

USDJ is a new currency generated through decentralized smart contracts on the TRON network. Anyone can pledge TRX as collateral to generate USDJ. USDJ enters into free circulation as any other cryptocurrency does once generated. It is pegged to the US dollar through Collateralized Debt Positions (CDPs), and also has autonomous feedback mechanisms.

USDJ Stablecoin is a USD-pegged cryptocurrency backed by collateral assets. They believe that USDJ will become an integral part of the TRON DeFi ecosystem.

Why USDJ?

• Trust & Authorization-free - Access and availability for everyone, free of authorization from third parties; all transactions are automatically executed by smart contracts, free of third party as a medium.
• Standard & Interoperability - Standardized financial protocol and contract-based DeFi factors. Protocols can be overlaid to create more potential scenarios.
• Secure - Users face minimal risks as financial business logic is implemented by smart contracts, with which on-chain actions are traceable and third-party audit can be strictly enforced.
• Decentralization - JST holders can jointly govern the JUST community and make decisions on incentives, pooling efforts for building the next-generation DeFi ecosystem.

How to claim USDJ?

USDJ is generated through depositing collateral assets into CDP. Here are the steps:

1. Obtaining the collateral assets Exchange the TRX to be pledged for PTRX, which is the only collateral assets accepted by the system for the moment.
2. Creating CDPs to deposit collateral assets Send a transaction to JUST to create a CDP, then send another transaction to deposit PTRX, the collateral asset, into the CDP to generate USDJ.

Generating USDJ through CDPs The CDP holder sends a transaction to specify the amount of USDJ generated in the CDP. Meanwhile, the same amount of debt will be created, and the collateral asset is locked up and not available for redemption until the debt is repaid.

1. Redeeming the collateral To redeem the collateral, the debt must be repaid with USDJ along with a stability fee paid with JUST platform token, JST. Finally, CDP holders can send a transaction to JUST to retrieve all collateral assets. If a price slump of the collateral makes it at risk of being unable to cover the debt, the CDP liquidation will be triggered to auction the collateral for repayment. Any remaining value net of the debt and the penalty fee will be kept in the CDP for withdrawal

Where Can You Buy JUST Stablecoin(USDJ)?

Investing in JUST Stablecoin can seem complicated, but it is much easier when you buy JUST Stablecoin through cryptocurrency exchange. Signing up for a cryptocurrency exchange will allow you to buy, sell, and hold JUST Stablecoin — both for fiat money and other cryptocurrencies. Some of the most popular JUST Stablecoin cryptocurrency exchange are:

• KuCoin
• MEXC Global
• Poloniex
• SunSwap(JustSwap)

Please check JUST Stablecoin(USDJ) token address If you want to buy or sell JUST Stablecoin(USDJ) on dex exchange. Beware of scams!
Click here to view JUST Stablecoin(USDJ) price in different crypto exchanges.

What is JUST Stablecoin (USDJ) Contracts address?

• Tron20: TMwFHYXLJaRUPeW6421aqXL4ZEzPRFGkGT