Learned by 575 usersPublished on 2024.03.29 Last updated on 2024.12.11
Tokens
1. Project Introduction
JustLend DAO has introduced a new Stake 2.0 feature called “Staked TRX,” allowing users to stake TRX and receive sTRX tokens, earning significant returns. These earnings come from two sources: 1) TRON Power generated from staking TRX, which can be used to vote for Super Representatives (SR) and earn voting rewards. 2) Energy generated from staking TRX, which can be rented out to earn rent. As the voting rewards and rent increase, so does the exchange rate between TRX and sTRX, boosting total returns.
Summary: Unlike traditional staking, where users must perform separate actions like staking, voting, and collecting rewards, Staked TRX automates the process by allowing users to earn through staking and renting out Energy, offering a more streamlined and profitable staking experience.
2. Team & Investment Info
Staked TRX is developed and launched by JustLend DAO.
Funding: NA
3. Social Media URLs
X: https://x.com/DeFi_JUST
Telegram: https://t.me/just_defi
Discord: https://discord.com/invite/2KdByBgBA3
4. Token Info
Token Symbol: STRX
Total Supply: 2,471,269,974
Token Type: TRON
Issuance/Burn Mechanism: By staking TRX on JustLend DAO, users receive sTRX. Holding sTRX allows users to earn rewards.
Contract Address: TU3kjFuhtEo42tsCBtfYUAZxoqQ4yuSLQ5
5. Related Links
Official Website: https://app.justlend.org/strx?lang=en-US
White Paper: https://support.justlend.org/hc/en-us/articles/17525391458329-Staked-TRX
Other Info: https://just.network/