TRON founder, Justin Sun, recently shared an optimistic assessment of the development potential of JST (JUST) — the core Governance Token of the Just ecosystem — through a post on the social media platform X. According to Sun, JST has undergone a "comprehensive platform transformation", thereby opening up great opportunities to become the "next x100 tokenenn", especially in the context of theeFrapidly growing DeFi ecosystem on the TRON blockchain.
Justin Sun particularly emphasized the explosion of JustLend — a permpermissionless lending platform built on TRON and directly operated under the support of JST. Since its JusthasLhas quickly established itself as one of the largest lending protocols in the entire TRON network, allowing users to lend and borrow native assets through decentralized liquidation pools, operating transparently and efficiently.
JustLend's operating model has many similarities with famous lending platforms like Compound and AAVE on Ethereum. However, JustLend's outstanding advantage lies in maximizing the fast processing speed and extremely low transaction costs of the TRON blockchain, providing an optimal user experience. Justin Sun revealed that JustLend has generated net profits of up to tens of millions of USD, withrating interest rates for asset depositors even reaching the 30% threshold at times — an impressive figure in the current DeFi field.
Besides JustLend, Justin Sun also mentioned the outstanding development of USDD — a Decentralized Stablecoin nurtured by the Just platform and TRON DAO Reserve. He emphasized that USDD has recorded an explosive, becoming one of most stablecoins in the TRON ecosystem. The POPULARITY of USDD also directly contributes to increasing the demand and usage value of JST, as this stis deeply integratedratinto many different lending and DeFi platforms on TRON.
According to Justin, Sun of JST in the Just ecosystem is increasingly important, similar to the combination between AAVE and MKR (MakerDAO's Governance Token) in the Ethereum ecosystem. JSonly undertakes the governance task, governance but also a roleinatingablececoincoissuance and operating lending pools, sustainable and highly profitable structure structure for the entire ecosystem.
Notably, Sun said said that the Just ecosystem has achieved an annual net profit of up to tens of millions of USD. He made a cautious forecast that revenue could exceed 100 million USD within the, the strong growth potential of the platform.
Especially, Justin Sun committed to using all profits to implement a JST buyback and burn program "at the right time".". This is an inflation reduction mechanism aimed at narrowing the circulating supply of JST, thereby expecting to boost the value increase for the remaining tokens. This strategy has been successfully applied by many DeFi projects and is currently expected to bring new growth momentum to the value of JST in the future.
quoteote>
