JUST (JST) Surges 50% Following Binance Listing
Binance exchange will list JUST (JST) and open trading for JST/BNB, JST/BTC, JST/BUSD and JST/USDT trading pairs at 2020/08/11 6:00 AM (UTC).
— Binance (@binance) August 11, 2020
JST is a JUST platform token whose main purpose is to pay for loans and is built on the TRC-20 platform.
JST was launched for IEO on Launchbase Poloniex in early 2020, but most users are unable to purchase tokens. However, the price after IEO has increased sharply (about 5 times).
The JUST platform exists in two types of tokens. The first is USDJ – a stablecoin anchoring 1: 1 to USD and created by depositing TRX coins through JUST’s CDP port. The second token is JST – used to pay interest, maintain the platform, participate in governance through voting and other activities on the JUST platform.
Users can create USDJ stablecoin by depositing TRX mortgages. The project is run by all JUST community members, based on the number of JSTs they hold. Proposals for the project are voted on and determined by all stakeholders.
JST price now is $0.084. JST price is up 50% in the last 5 minutes after the Binance’s announcement.
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