In a tweet by Tron founder and CEO, Justin Sun, on April 4, he announced that the Just project is decentralized and ready to go.

The name of the project and platform, which was previously called “Djed”, was changed to “JUST”, where announce Justin Sun said that he renamed Tron’s newly launched decentralized finance (DeFi) project to “JUST” and celebrated the launch of the platform’s mainnet.

JED, the experimental network of the stable TRON platform, has successfully completed the tests. We are happy to announce that we have decided to upgrade the brand from grandfather to #Just (Code: JST dollars Stable Coins: American dollar) and the mainnet launch on April 4. end to end: pic.twitter.com/Ta2DLTGCU7

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Justin Sun (@justinsuntron) April 4, 2020

For the record, the founder of Tron previously announced that he was preparing to launch this project, which he likened to the MakerDAO project, telling Sun at the time that the project would be backed by a stable currency backed by US dollars and that it was designed to serve as Tron’s DeFi system.

In a previous tweet, Sun explained that the JUST beta has completed successfully, told that the platform’s token will have the token “JST” and that the project’s stablecoin will be with the token USDJ, and set the April 4 date as the launch date for the project’s mainnet.

Commenting on the name change of the “DeFi” project, the “Tron” team said:

“JUST” means fair and equitable.

JUST aims to create a stable Tron-based lending system where everything is contract-based, and any JST holders can participate in managing the USDJ currency system and achieve decentralized independence, where true fairness and equity can be ensured.

JUST will enable investors to participate in their TRX to generate passive income in the form of “USDJ” through Guaranteed Debit Centers (CDPs), once investors generate “USDJ”, they can choose to withdraw the stablecoin directly to their wallets.

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At press time, USDJ is only supported by cryptocurrency exchange Poloniex, and the coin is expected to be listed on other platforms soon.

Decentralized Finance “DeFi”:

Although decentralized finance is still a relatively new concept, DeFi has made its way to becoming one of the most promising projects in the world of finance and crypto alike.

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