TRON founder Justin Sun recently shared an optimistic view about the future of JST (JUST) — the Governance Token of the Just ecosystem — on the social media platform X. In his latest post, Sun affirmed that JST has undergone a comprehensive platform transformation and has the potential to become the "next x100 token" as the DeFi ecosystem on TRON continues to develop.
The focal point of Sun's argument is the strong growth of JustLend, a permissionless lending platform built on the TRON blockchain and incubated by JST. Since its launch, JustLend has risen to become one of the largest lending protocols in the TRON ecosystem, allowing users to lend and borrow native assets through decentralized liquidation pools.
JustLend's operating model is similar to Compound or AAVE on Ethereum, but benefits from TRON's high processing speed and low transaction fees. According to Sun, JustLend's growth has generated net profits of tens of millions of dollars, with lending interest rates sometimes reaching 30%.
Another important pillar is USDD — a decentralized stablecoin incubated by the Just platform and TRON DAO Reserve. Sun noted that USDD has seen "explosive growth", quickly becoming a popular stablecoin in the TRON ecosystem and deeply integrated into many lending and DeFi platforms, thereby driving further demand and usage value of JST.
Justin Sun compared the increasingly expanding role of JST to the combination of AAVE and MKR (MakerDAO's Governance Token). JST not only plays a crucial role in governing the Just ecosystem but also directly participates in the issuance and coordination of stablecoin and lending pool activities.
Sun revealed that the Just ecosystem has achieved annual net profits in the tens of millions of dollars and made a "conservative" forecast that revenue could exceed $100 million in the coming year.
Notably, Sun committed to using all profits to implement a buyback and burn program for JST "at the appropriate time". This deflationary mechanism aims to narrow the circulating supply, thereby potentially increasing the value of remaining tokens — a strategy that has proven effective in many other DeFi projects.
The success of JustLend and USDD reflects TRON's ambition to compete with Ethereum's DeFi dominance, offering attractive yields and an optimized user experience. If the current growth momentum is maintained and the buyback-burn plan is implemented as promised, JST has a strong opportunity to break through. However, like any cryptocurrency investment, investors should conduct thorough research (DYOR) and only invest within their risk tolerance.
See JST price here.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should thoroughly research before making decisions. We are not responsible for your investment choices.
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Thach Sanh
