Defining the justswap platform, it is a decentralized tron-based platform which uses the automated market maker strategy to swap and provide a platform for providing liquidity. With the justswap platform, we see that the platform has the elimination of third parties since there is no third party involved. In these, we have higher security with the justswap platform and we have sole right and control over the assets deposited on the platform.
As mentioned, the usage of the justswap platform being a decentralized platform means the elimination of any third party and with these it is more efficient and has lesser transaction fees.
The JustSwap platform uses the automated market maker protocol to efficiently swap TRC20 token in the decentralized finance.

Some features of JustSwap

I will be talking on the major features of the justswap platform which are the swap, pool and the liquidity mining.

The Swap feature

The Swap feature allows the swapping of TRC20 tokens among themselves. The swap feature in the justswap has a relatively cheaper transaction fee since it is a decentralized platform which eliminates any third party.

The Pool feature

The pool feature gives the possibility for users to add liquidity in the pool by staking their assets which is staked in pairs. We can see that in the screenshot below.

The JustSwap Mining feature

The JustSwap feature allows users to add liquidity in the pool by staking some certain amount of their holdings. With this, they can earn from the exchange fee through the idea of APR and APY. This is facilitated by the idea of the automated market markers in quoting the assets price.

Importance of the JustSwap in the Tron Ecosystem

• The justswap platform allows the possibility of the stakers to earn passive income by partaking in the liquidity pool. This is calculated based on the Annual Percentage yield and the Annual Percentage Rate.
• With the just platform we can swap TRC20 tokens with relative ease and without the involvement of any third party.
• There is higher security with the usage of the justswap platform. Decentralized platforms normally have higher security levels compared to centralized platforms. We can see that the justswap being a part of the decentralized platform fulfills this high security level.

QUESTION 2
What tokens does justswap support trading? How is the price of a justswap token determined (how it works)? Use an illustration to explain it.

The Tokens Supported by JustSwap for Trading

Going straight to the point the justswap platform supports tokens with the TRC20 network. The trc20 tokens are tokens which are built on the Tron Blockchain.

Making a list of the currencies we can see them as follows; Tron, Bitcoin, Ethereum, Wrapped bitcoin, Wrapped Tron, Litecoin, Huobi, Just stablecoin, True stablecoin, live, Tether, Dice, Sun and Wink.
I will then be illustrating in the screenshot below;

Determining the prices of tokens in the Justswap

The prices of token in the justswap are determine using the automated market maker model.
We normally know that in centralized exchanges the prices of tokens and cryptocurrency are determined using the bid and ask prices in the order books. But the decentralized exchange particularly the justswap we have a different model here which i will be expanciating more on below.

Let me now explain the mathematical model used by the automated market maker in adjusting the prices of the tokens on the justswap platform.
Let me illustrate the adjustment of the prices of two token being the first and second token.
Let the first token be represented by X while
The second token be represented by Y
And K be the total liquidity.

Then the value will be given by
X + Y = K

QUESTION 3
How do I connect my wallet to justswap.io? Is there a mobile app?

Connecting the Tronlink wallet to JustSwap

We can do that by using the tronlink wallet. I already have my tronlink wallet downloaded and installed. So I log into the tronlink app and click on the discover tab

I then search for justswap on the search panel. Form there I click on the connect bottom and we can see the wallet has successfully been connected.

The justswap platform does not have a mobile app. This is because the justswap application works as a decentralized application using the exchange protocol and we can access it using the decentralized wallets such as tronlink and trustwallet.

QUESTION 4
Include a real example of your interaction with justswap, demonstrate how you can trade on the platform

Trading on JustSwap

Trading on the justswap platform is really done in very simple steps, we just have to log into the tronlink wallet and clicking on the browser tab, I search the justswap since I have connected already as explained above.

From there i now input the tokens which I want to swap. I will be swapping the tron token for the usdt token. I will be swapping the 17 trons to usdt.

I have successful swapped the 20trx to 2usdt by imputing my password and we can see the success screenshots as shown below.

QUESTION 5
Include a real example of your interaction with justswap, explain how to add liquidity to justswap.

How to add Liquity to JustSwap

Step One

The first step will just be just like the one above. We begin by logging into the tronlink platform and on the browser tap we search the justswap which we can see the screenshot below.

Step two

From there, I now click on the pool feature and I now need to choose cryptocurrencies which I will be adding liquidity in the pool. They will be usdt and trx. So the currency section I will be searching the trx as the first and the usdt as the second. I will supply 46trx and 4.5 usdt which I then confirm with password. We can see a proper explanation from the screenshot below.

Conclusion

The justswap platform is a decentralized platform which we can use to swap different trc20 tokens at a relative lower rate. With the justswap we can access it using the tronlink wallet which we connect the tronlink wallet to it. The justswap also allows the possibility for investors to stake cryptocurrencies for annual percentage return and annual percentage yield.
Very interesting aspects of the justswap.

All screenshots are taken from tronlink application