Tron DeFi Protocols: A Deep Dive into JustSwap and JustLend

The massive rise and development of the Decentralised Finance has helped to transform the financial system around positively as it has been able to give to us a very positive change to how we are used to financial services as even without the use of intermediaries. In fact currently now, among all the Blockchain ecosystem that allows the service of the lending and other financial services, Tron Blockchain stand out massively. There are a whole lot of reasons that make the Tron Blockchain to stand out which I will be talking below today.

Talking about Justswap which for some of us is not a new name and for many of us is a new name. Justswap which is known for the Decentralised trading platform that was launched in the year 2020. It helps to provide a platform whereby we can trade TRC-20 tokens and that makes use of something called the AMM model as it helps to remove the centralised authority but instead allows the users to trade those tokens.

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Of course there are some features of Justswap that makes it to stand out. The first is the ease of use. With Justswap, we can easily access it because it gives this user friendly interface that makes it easy for people to be able to interact with the platform that will aid ease experience when it comes to Decentralised trading. The fact also that there is something called the liquidity provision. Anyone can be a liquidity provider that will help boost the liquidity pool.

Talking about the impact of Justswap, I will like to establish that it has been able to transform the way users have access to trading because it helps to actually remove all those centralised authority barriers that is mostly common with the centralised exchange that we all know about. Not only that, it has also helped to encourage the massive growth of the Tron ecosystem over the years because due to the features, it has helped to attract more developers to the Tron ecosystem.

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Now let me talk about the Justlend. Justlend is know for helping to carry out Decentralised Finance Services like Lending and borrowing. Justlend helps to allow users to lend and in return earn interest based on the asset that they borrow. This has helped to create a system whereby financial transactions can be carried out with ease and transparency. It has some amazing features like the lending pools, the collaterised borrowing and also governance most especially. All these features make the Justlend stand out among all other lending platforms that we might have outside.