This week, JustLend DAO, the first TRON-based decentralized financial platform, has announced the addition of two innovative features, “Staked TRX” and “Energy Rental.” These upgrades aim to provide users with more flexible and cost-effective options, increasing the utility and accessibility of the TRON ecosystem.
The “Staked TRX” feature, based on Stake 2.0, allows users to stake their TRX tokens and receive sTRX tokens in return. The platform then automatically earns yields for users through voting rewards and renting out the Energy obtained by staking. This simplifies the staking process and results in higher yields for users. As voting rewards and rents accrue, the exchange rate of TRX to sTRX will rise, further increasing total yields.
In addition to Staked TRX, JustLend DAO has introduced “Energy Rental,” offering users a more cost-effective alternative to obtaining Energy through staking or burning Energy. Users can rent Energy or end their rental at any time, making the process simpler and more affordable.
These new features contribute to TRON’s advanced decentralization, with Stake 2.0 offering more flexibility in resource and voting management compared to its predecessor, Stake 1.0. JustLend DAO’s platform allows users to earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy.
The launch of Staked TRX and Energy Rental is expected to create a fully decentralized resource market. Resources and votes obtained through Stake 1.0 remain valid, and staked TRX can be redeemed as usual. However, going forward, users can only stake TRX in Stake 2.0.
TRONSCAN statistics reveal an expansive user base of over 154.3 million TRON accounts and a total transfer volume exceeding $7.35 trillion. The introduction of Staked TRX and Energy Rental features will enhance the user experience and cater to the massive demand from TRON users. JustLend DAO also plans to launch a JST buyback-and-burn program with its revenue to ensure sustainable growth of the JST ecosystem.
The Staked TRX and Energy Rental features showcase TRON blockchain’s commitment to empowering decentralized commerce and fostering a global community. With these upgrades, JustLend DAO continues to provide all-in-one financial solutions and secure, transparent transactions for its users.
