JustDefi runs on a decentralized smart contract, making it a DeFi project. The only difference is that your loan in this project does not depend on cryptocurrency fluctuations and cannot be liquidated, as is the case with other exchanges. The platform is governed by a smart contract on the TRON blockchain. No one can change the algorithms of a smart contract, not even the administration.
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Description of the Just Defi project
To participate in the Just Defi project, you must have a TronLink Chrome browser extension or a mobile app like Klever (TronWallet) or TronLink. You can buy TRON (TRX) on popular cryptocurrency exchanges: Binance, Poloniex, Bittrex, Bitfinex, OKEx or using local online exchanges. You need to select the desired term of your loan (deposit) and enter the amount of your deposit.
Some features:
| 1 | On the JustDefi.site platform, you can take out a loan for 15, 25, 32 and 40 days and renew it at the end of the term if you want. |
| 2 | On the "Active loans" page, you can receive a loan (income) and your deposit will be frozen for the previously selected period. The longer the freezing period, the more interest you can receive on the loan. |
| 3 | The minimum deposit amount - 10 TRX, the maximum amount doesn’t have a limit. |
Freeze days - the period after which you can withdraw the collateral (deposit) if you want or get another loan (income) on it.
To receive leadership bonuses, you need to achieve your team's turnover rate. The calculation takes into account the first 3 referral levels with the following coefficients:
- - 1;
- - 0,3;
- - 0,15.
This means that if your 2nd level referral contributed 1000 TRX, 300 TRX will be credited to your turnover.
Additional information
There is no WhitePaper document on the site, but answers to popular questions are available. Also, you can find information about the referral program. The project audit is on the main page in the Global Info section or you can check the smart contract code yourself and make sure that the platform is safe. Only the Telegram channel is available from social networks. Subscribe to stay up to date with all news.