Strx crypto

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Author: Admin | 2025-04-28

Several important milestones. In April 2023, it launched a Staked TRX (sTRX) pool, enabling higher yields through staking. By February 2024, JustLend integrated multiple DeFi protocols to offer a more streamlined user experience. The protocol has accumulated over $4.5 billion in Total Value Locked (TVL) by October 2024 (DefiLlama), demonstrating its importance in the TRON DeFi ecosystem. The platform also initiated a buyback and burn plan to maintain JST liquidity and incentivize ecosystem participants.SUNSUN is The Most Polular DEX on Tron | Image via SUNSUN is a leading decentralized finance (DeFi) protocol on the Tron blockchain, primarily designed as a decentralized exchange (DEX) and liquidity mining platform. It allows users to swap tokens, stake assets, and participate in yield farming. SUN operates on a TRC-20 token standard, aiming to simplify DeFi interactions on Tron by offering services such as stablecoin swaps, token mining, and governance.Utility in the Tron Ecosystem and DeFiAs a major DEX within the Tron ecosystem, SUN is important in facilitating efficient token exchanges, improving liquidity, and ensuring stable yields for liquidity providers. It supports a wide range of DeFi services, including SunSwap for token swaps, SunCurve for stablecoin swaps, and PSM (Peg Stability Module), which helps maintain the peg of stablecoins like USDD​. SUN’s integration with Tron’s DeFi protocols contributes to the growth of decentralized financial products, including lending, liquidity pools, and staking services.Token UtilityThe SUN token is central to governance on the platform, enabling holders to participate in SUN DAO. Users can vote on proposals that affect the platform's direction, including liquidity pool configurations and earning rates. SUN tokens are also used in yield farming, where users stake tokens to earn rewards.JustStablesJUST Network Also Includes JustLend and sTRX | Image via JUSTJustStables is a decentralized borrowing protocol built on the Tron blockchain. Users can mint the USDJ stablecoin by depositing TRX as collateral through a Collateralized Debt Position (CDP) system. USDJ is pegged 1:1 to the U.S. dollar, providing stability and liquidity within the Tron DeFi ecosystem.Utility in the Tron Ecosystem and DeFiJustStables plays a key role in Tron's DeFi space by offering a stable asset

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