JustLend DAO

JustLend DAO is TRON’s native money-market protocol, the first official lending platform on TRON. It pools TRX and TRC-20 assets into on-chain markets where algorithmic interest rates adjust by supply and demand, letting users earn yield by supplying assets or borrow against their collateral.

How it works

Each supported asset has its own market. Suppliers deposit tokens and receive interest, borrowers draw liquidity against posted collateral, and rates float in real time according to market utilization. The design prioritizes liquidity, suppliers can withdraw without waiting for loan expiry, and all activity is recorded on a transparent ledger.

jTokens, the core receipt asset

When you supply to a market, you mint a jToken, for example jTRX or jUSDT. jTokens are TRC-20 receipts that track your claim on the pool and accrue interest, and they can be redeemed for the underlying asset via the protocol.

Governance and the JST token

Protocol changes are controlled on chain by JST holders using a standard GovernorBravo module plus a timelock. Holders can post proposals, vote, and, if successful, have changes queued and executed after the timelock period. The contracts are open source.

Risk, collateral and liquidations

Borrow power is set by asset-specific collateral factors. If a position’s “risk value” exceeds 100, the account becomes liquidatable, and keepers can repay part of the debt, with a fee taken from collateral, to restore health. Risk is managed by the Comptroller module and supported by price-oracle checks.

Staked TRX and sTRX

JustLend operates a liquid staking market for TRX. Users stake TRX to mint sTRX, a liquid token that accrues staking rewards and can be used in other strategies or posted as collateral within the ecosystem. Rewards are augmented by automatically renting out the Energy obtained from staking.

Energy Rental Market

To reduce transaction costs on TRON, JustLend runs an Energy Rental market that lets users rent network resources at low cost through the app. In September 2025, the platform lowered the Energy rental rate to 8 percent, aligning with TRON’s broader fee reductions.

Why it matters for TRON DeFi

By combining lending, liquid staking for TRX, and resource rental in one interface, JustLend DAO concentrates liquidity, improves capital efficiency, and helps bootstrap the broader TRON app economy with cheaper transactions and deeper credit markets.

Key considerations

• Market parameters, such as collateral factors and reserve factors, change via governance, impacting borrow limits and liquidation buffers. Monitor proposals and parameter updates if you are an active user.

• Standard DeFi risks apply, including smart-contract, oracle, and liquidity risks, plus liquidation risk if collateral value falls.

Bottom line

JustLend DAO is the central lending venue on TRON, using jTokens, JST-based governance, and integrated staking and Energy rental to deliver a full-stack DeFi experience native to the network. For users already in the TRON ecosystem, it is the default place to put idle assets to work or to borrow against crypto with predictable, on-chain rules.