CryptoLocally continues to expand its offering for direct global trades through its peer-to-peer platform by adding TRON-based USDJ and JUST.
In a blog post published earlier this week, CryptoLocally announced the addition of USDJ and JUST. Both cryptocurrencies are based on the TRON blockchain.
USDJ is a stablecoin backed the US dollar issued through a decentralized lending platform to create collateralized debt positions (CDPs) backed by cryptocurrencies. With a lot of development happening in the stablecoin niche of the cryptocurrency ecosystem, USDJ joins the category of tokens meant to protect users against volatility.
On the other hand, JUST (JST) is the protocol and governance token of TRON based JUST Network. Holders of JST tokens can vote on issues relating to the decentralized stablecoin issuance platform’s proper operation.
Also, holders of JUST (JST) have the power to vote on how to regulate risk and determine global settlers that resolve volatility when the price of USDJ differs drastically from its US Dollar peg and select valid proposals.
CryptoLocally becomes the first peer-to-peer trading platform to list JST and USDT. The platform has been building a portfolio of projects based on the EOS ecosystem and TRON blockchain.
Recently, CryptoLocally added TRON (TRX) and integrated USDT-TRC 20 (Tether USD on the TRON network).
As part of the addition of these two tokens, CryptoLocally is giving away 500 USDJ. Participants have the chance to win USDJ by following CryptoLocally on Twitter and trading USDJ on CryptoLocally. The giveaway began on June 15, 2020, and ends on June 22, 2020.
The post CryptoLocally Adds TRON Based USDJ and JST appeared first on BlockNewsAfrica.
TheBitcoinNews.com – Bitcoin News source since June 2011 –
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube
