JST is a token meant for Dapp governance and different protocols belonging to the JUST ecosystem. Just can be acquired via trading, mining, and partaking in campaigns. The token is dedicated to creating TRON-based DeFi protocols and aims to deliver all-in-one financial resolutions to its users. The features of the token are:
JST holders can partake in the governance process of the USDJ currency procedure and acquire decentralized autonomy the real fairness. USDJ is a unique currency system controlled by all token holders decentralized. USDJ is defined as a collateral-based decentralized stablecoin, pegged to USD at 1:1, and holds the exchange rate stable with an automated feedback mechanism. A peggedcryptocurrency is a cryptographically secured digital medium of exchange whose value is tied to the value of another medium of exchange, such as gold or a country-specific currency. USDJ can be acquired via staking & trading and is supported by several asset reserves to sustain price stability.
As per its whitepaper, the JUST system governance depends primarily on JST holders. As JST holders earn income from the stability prices of USDJ, holders are also liable for the management of the JUST system, which is accomplished via the selection of correct proposals by JST voters. All JST holders can vote and decide the smart contract for supporting that alters the system parameters. The contract that gets more votes becomes a reasonable proposal and has the system access to change JUST internal system management variables as per the determined logic.