Justin SUN is called JST A ‘Next 100K token’ in the middle of Tron’s Defective Ecosystem

The founder of the Tron and the highlighted Figure of Justin Sun took place on the social media platform to be optimistic receivables on the future of JST (only), the management of the token of the ecosystem himself. In recent postSun said JST passed the “complete basic turnaround” and suggested that it could become “next 100k token”, such as Defi’s landscape based on the throne-based.

Ascending Justlend and USDD

Central to the sun’s argument is the performance of JustLend, the allowed lending platform built on the throne of Blockckain and incubated by JST. Since its launch, Justlend has grown into one of the largest lending protocols in the triple ecosystem, allowing users to borrow and borrow native and means through decentralized liquidity pools.

The platform acts similarly as a compound or aave on Ethereum, but with additional advantage of high bandwidth and low transaction fees. According to the sun, the growth of Justlend was translated by tens of millions of dollars net profit, with interest rates for lenders sometimes reach up to 30%.

The second pillar ecosystem is the USD, decentralized stablecoin incubated the righteous platform and the throne gave Reserve. According to the sun, the USD saw “Explosive Growth”, quickly becomes a wide used Stablecoin within the throne network and beyond. Integration with borrowing and operational platforms accelerated its adoption, additional increasing utility and demand for JST.

JST a ‘combination of throne aave and mxr’

SUN SUNKENS EVOLVING ROLE in combination of AAVE and MakerDao’s MKR. JST is used for management decisions within only ecosystems and plays a key role in issuing and managing stablecoins and borrowing. According to the sun, the annual net profit of the ecosystem has already reached tens of millions of dollars, with a “conservative revenue forecast” of over $ 100 million in the next year.

Perhaps it is significant, the sun has pledged to use all profits to buy and burn JST token “at the appropriate time.” This deflation mechanism is designed to reduce the supply circulation and potentially increases the value of remaining tokens, a strategy that was successful for other projects defi.

The success of Justlend and USD shows Tron’s ambition rival Etherum’s Defition Dominance, offering attractive returns and user experience. If they continue their trajectory up and a promised shopping and combustion program was implemented, JST must be appreciated. However, as with all crypto investments, Dior and just invest only what you can afford to lose.

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