JUST
Crypto Overview
Overview
JUST (JST) is the native token of the JUST Network, a decentralized finance (DeFi) platform built on the TRON blockchain. The project aims to create a suite of financial services including stablecoin minting, lending, and borrowing functionality.
Intended Utility
JST serves as a governance token for the JUST ecosystem, allowing holders to participate in protocol decisions and vote on proposals. It's also used for paying stability fees when minting USDJ (the platform's stablecoin) and as collateral in the system.
Actual Usage Analysis
The primary use of JST has been for governance and as collateral within the JUST DeFi ecosystem. The platform has shown consistent development activity and maintains active partnerships within the TRON ecosystem. On-chain data indicates regular usage for its intended purposes, particularly in stablecoin operations.
Token Distribution and Governance
The token distribution shows a relatively concentrated holding pattern, with significant portions allocated to the JUST Foundation and early participants. There are vesting schedules in place for team allocations, which provides some protection against sudden selling pressure.
Development vs Marketing
The project demonstrates an active development pipeline with regular updates and improvements to the protocol. Marketing efforts appear proportionate to development activities, suggesting a balanced approach to growth.
Crypto Impact
To assign a comfort level investing in JUST from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to JUST.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.