I've got a question. We've been talking about burning and others, but we almost didn't talk about USJ. So I'd like to know about it, maybe some highlights?
Good question, guess admin can provide a good answer on the question
Actually, that's a good question. JSB is a DeFi project, admin, why did you choose that way?
A cryptocurrency is a digital asset designed to work as a medium of exchange. Cryptocurrency works through a digital information recording system - Blockchain. Blockchain is a digital ledger of transactions copied and distributed across the entire network of computer systems on the Blockchain. To eliminate centralized management intermediaries, the trend of decentralized finance (DeFi) was born. Decentralized Finance (DeFi) leverages the power of the transparency and transparency of Blockchain technology to make it easier for investors to manage their assets
OK, but I think that so much DeFi projects is bad. No need to abuse
Oh, didn't see it before, that you will burn your tokens. Guess it's a smart move because 100,000,000 JSB is too much I think it can increase the value of each JSB... Definitely
That's right, some projects do denomination to reduce total supply and increase the value for the tokens. JSB will burn the tokens for that purpose
No. We definitely can find some information about the ecosystem, but I think that the admin can answer more specifically. For example, I'd like to know what protocols do JSB ecosystem contain
One special feature of JSB is the ecosystem we build. The ecosystem consists of financial products, investment products, real estate products, and consumer products. We have developed a lot of decentralized apps to support the participants such asJSB Bank, JSB Trade, JSB swap, JSB Borrow, JSB liquidate...
Sounds good, can u tell us more about this JSB Borrow? I didn't hear about it before
Good day! Thank you for your question. JSB provides to a user is JSB borrow. Through JSBborrow users can own USJ - a stablecoin issued by JSB Foundation. Thesestablecoins are coins that are not volatile in price, similar to dollars in the traditionalfinancial environment. These USJs are not only price stable but can also graduallyincrease in value while operating within the JSB ecosystem.
Oh, nice. Could you please provide some information about this USJ? This is quite interesting
USJ is a decentralized stablecoin that is not issued or administered by any centralized actor or trusted intermediary or counterparty. It is unbiased and borderless —available to anyone, anywhere. USJ also takes a role as an ecosystem supporting stablecoin and decentralized activities on defi. As more and more users realize USJ’svalue, USJ will help to create a stronger ecosystem. In addition, USJ can be used to pay for real estate, insurance, health ... in the cross-chain ecosystem, by creating DeFi dapps that accept USJ instead of ETH, developers provide users a smooth engagement experience and a better overall experience.
So, as I understand, this USJ will be used as a utility coin in the ecosystem. I hope it will be also used for cross-chain swap
No. We definitely can find some information about the ecosystem, but I think that the admin can answer more specifically. For example, I'd like to know what protocols do JSB ecosystem contain
One special feature of JSB is the ecosystem we build. The ecosystem consists of financial products, investment products, real estate products, and consumer products. We have developed a lot of decentralized apps to support the participants such asJSB Bank, JSB Trade, JSB swap, JSB Borrow, JSB liquidate...
Sounds good, can u tell us more about this JSB Borrow? I didn't hear about it before
Good day! Thank you for your question. JSB provides to a user is JSB borrow. Through JSBborrow users can own USJ - a stablecoin issued by JSB Foundation. Thesestablecoins are coins that are not volatile in price, similar to dollars in the traditionalfinancial environment. These USJs are not only price stable but can also graduallyincrease in value while operating within the JSB ecosystem.
USJ? Own stablecoin in the JSB ecosystem? Sounds great, it would be nice is we could use it to trade to
No. We definitely can find some information about the ecosystem, but I think that the admin can answer more specifically. For example, I'd like to know what protocols do JSB ecosystem contain
One special feature of JSB is the ecosystem we build. The ecosystem consists of financial products, investment products, real estate products, and consumer products. We have developed a lot of decentralized apps to support the participants such asJSB Bank, JSB Trade, JSB swap, JSB Borrow, JSB liquidate...
Looks like you've got a lot of different protocols in your ecosystem. Guess they are working harmoniously.
Hey guys! Long time no see. I've checked and inform that admin has provided and now I'd like to know more about the whole JSB ecosystem. It would be nice to hear some information.
Hey, like what information? maybe we can find some information using a website or something else
There is a statement like "JST Bank provides a decentralized foundation for yield farming opportunities. By combining different platforms, it helps users to optimize their yield farming results. When users deposit tokens into the platform, they are converted into JSB tokens.". I didn't get it for sure, but it seems like we can convert other cryptocurrencies to JSB token. Like cross-chain swap which we have discussed before, right?
The concept seems like that, yeah. Just read an article more and I'm sure that you'll find answers to your questions
I've read an article that you have shared with all of us and found that the most popular protocol in your ecosystem is JST Bank, which automatically moves users' money between Defi lending protocols like JUST, Zethyr Finance, and Bank in Trx to maximize APY. That's pretty interesting
You're really interested in this project, as I can see And this fact is intriguing to me. JSB has several protocols in its ecosystem to provide to users good service
Yeah, for sure. Do you remember JSB Networks? Admin told some info about that. It serves to connect all holders in the whole ecosystem
I've read an article that you have shared with all of us and found that the most popular protocol in your ecosystem is JST Bank, which automatically moves users' money between Defi lending protocols like JUST, Zethyr Finance, and Bank in Trx to maximize APY. That's pretty interesting
Post
Topic
BoardAltcoin Discussion
Re: JSB Foundation token
by
Poppy_ALTStrader
on 07/11/2020, 18:53:15 UTC
So, JSB aims to simplify user interaction with popular Defi protocols and maximize the money's real annual rate return (APY) of cryptocurrencies that were sent into Defi.
It's not a problem just to ask Admin, what security features do you have? Let us know some details
Thank you for the good question. Conversion can happen easily between any 2 TRC20 tokens based on system price. All trading fees collected will directly go to liquidity providers of the protocol, rather than the protocol itself. This ensures full decentralization and security
So, all collected trading fees will be used for improving the whole security system, right?
Yes, that's correct statement
I knew it! Long story short you're using your own achives to improve yourself
Basically, that's the best strategy ever. Everyone needs to do that way
It's not a problem just to ask Admin, what security features do you have? Let us know some details
Thank you for the good question. Conversion can happen easily between any 2 TRC20 tokens based on system price. All trading fees collected will directly go to liquidity providers of the protocol, rather than the protocol itself. This ensures full decentralization and security
Thanks for the information. It's quite informative
It's not a problem just to ask Admin, what security features do you have? Let us know some details
Thank you for the good question. Conversion can happen easily between any 2 TRC20 tokens based on system price. All trading fees collected will directly go to liquidity providers of the protocol, rather than the protocol itself. This ensures full decentralization and security