JUST 

JST Price

What is the JUST (JST) token?

JUST (JST) is a DeFi ecosystem built on the TRON blockchain, and JST is its exclusive governance token. The ecosystem centers on JustLend DAO — TRON's largest decentralized lending and borrowing market — and JustStables, a stablecoin system that issues the USD-pegged USDJ against locked TRX collateral. JST holders submit and vote on protocol proposals, including JustLend DAO parameters, and use the token across borrowing, lending, and stablecoin flows. DropsTab classifies JST under DeFi and the TRON Ecosystem. The design parallels MakerDAO's collateralized-debt model on TRON rails.

How is the JST token supply allocated?

JST has a fixed maximum supply of 9.9 billion tokens, reduced over time by cumulative burns. Allocation splits: Ecosystem 30% (2.97B), Strategic Partners 26% (2.57B), Team 19% (1.88B), Seed Round 11% (1.089B), Airdrop 10% (990M), IEO 4% (396M). About 75% of supply sits in foundation, partner, and team buckets — high insider concentration versus the 15% sold publicly.

What does JST's vesting and unlock schedule mean for investors?

Vesting no longer creates sell pressure for JST. The token generation event occurred on May 7, 2020, when all six allocations began unlocking simultaneously. The Poloniex IEO tranche of 396 million JST unlocked in full at TGE with no lock-up, and the remaining buckets released linearly each month — Seed Round through mid-2021, Team through mid-2022, Ecosystem and Strategic Partners through mid-2023. DropsTab vesting data tracks 144 scheduled unlock events, all now historical. JST's supply risk comes from demand and burn dynamics, not from any future unlock overhang.

Is JST a deflationary token?

Yes — JST is effectively deflationary despite its fixed issuance. JustLend DAO revenue, and later USDD-related revenue, funds periodic buybacks of JST, and repurchased tokens go to a black-hole address. Cumulative burns have surpassed 1.7 billion JST, around 17% of the original supply. Burns permanently remove tokens from supply, so total supply declines over time while the cap stays at 9.9 billion.

Who backed JUST (JST)?

No venture investors are on record for JUST (JST). DropsTab fundraising data lists no investors for either funding round, and public sources such as ICOdrops disclose none. The project's de facto backer is the TRON ecosystem itself — JUST originated within the founding circle around Justin Sun. Concentration risk sits in the unnamed Strategic Partners bucket, which holds 26% of supply, rather than in any disclosed VC allocation.

How much did JST raise in its seed round and IEO?

JST raised approximately $4.07 million across two rounds, per DropsTab data. The Seed Round in April 2020 raised $3,267,000, selling 1.089 billion JST — 11% of supply — at $0.003 per token. The IEO on Poloniex LaunchBase on May 5, 2020 raised $799,920, selling 396 million JST (4%) at $0.00202 per token, accepted TRX, and carried no lock-up. The modest raise reflects a project launched inside an existing ecosystem rather than a VC-funded startup.

What did the JST airdrop distribute?

The JST airdrop distributed 990 million JST — 10% of the original supply — to TRX holders in the TRON ecosystem. Distribution began around the May 7, 2020 token generation event and ran in monthly tranches of roughly 26.4 million JST for about 30 months, completing in late 2022. No ICO or IDO accompanied the launch; the only public sale was the Poloniex IEO. No airdrop or points campaign is currently running.

How do JustLend DAO and the USDJ stablecoin work?

JustLend DAO is TRON's largest decentralized lending and borrowing market, and JST holders vote on its parameters. JustStables is the ecosystem's stablecoin system: users lock TRX as collateral and generate USDJ, a USD-pegged stablecoin, against that collateral. This collateralized-debt mechanism mirrors MakerDAO's model. JST also functions across borrowing, lending, and savings flows in these products, and the ecosystem offers TRX staking and energy rental services alongside lending.

Where can traders buy the JST token?

JST trades on 20+ centralized exchanges, per DropsTab data — including Binance, HTX, Bybit, Upbit, Bithumb, Kraken, and KuCoin. Fiat access runs through Korean won pairs on Upbit, Bithumb, and Coinone, plus JST/USD and JST/EUR pairs on Kraken. On-chain liquidity sits on SunSwap V2, TRON's native DEX, with JST/USDT as the deepest pair. USDT-margined perpetual futures trade on Binance Futures, Bybit, MEXC, Gate.io, and Bitunix. Order-book depth concentrates in JST/USDT pairs.

Is JST a coin or a token?

JST is a token, not a coin. JST is a TRC-20 asset issued on the TRON blockchain, with contract TCFLL5dx5ZJdKnWuesXxi1VPwjLVmWZZy9 verifiable on Tronscan. TRX — not JST — is TRON's native coin and pays network fees. The same distinction holds inside the ecosystem: USDJ is a token issued by JustStables, while TRX remains the only native coin involved.