JustLend DAO

JustLend DAO is an innovative money market protocol built on the TRON blockchain, designed to facilitate the creation of fund pools where interest rates are dynamically determined by supply and demand for various TRON assets. The platform comprises two primary participants: suppliers, who deposit their assets, and borrowers, who borrow funds. This structure enables direct engagement with the protocol, allowing users to either earn interest on their deposits or pay interest on borrowed assets at floating rates.

Each market within JustLend DAO corresponds to specific TRON assets, such as TRX, USDT, and other TRC20 tokens. The system is supported by a transparent ledger that maintains a comprehensive record of transactions and historical interest rates, promoting trust among users. Smart contracts play a crucial role by issuing jTokens as proof of asset supply, allowing users to earn interest while ensuring that borrowing activities are efficiently managed within the constraints of available liquidity.

Borrowers on JustLend DAO can access funds through over-collateralization, with transactions being automatically matched by the smart contracts, eliminating the need for direct negotiations typical of peer-to-peer lending. Interest rates for borrowing are constantly optimized based on real-time market conditions, and all interest accrues based on the block production schedule. Furthermore, users have the flexibility to redeem their deposits and repay loans at any time, while automated liquidation safeguards are in place to protect the lending pool in the event of insufficient collateral value.