JUST Token

by TRON

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nUSD

by Havven

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Maker Token

by MakerDAO

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JUST Token

by TRON

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nUSD

by Havven

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Maker Token

by MakerDAO

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What problem does this service solve?

The JUST token acts as a stabilizing and governance tool for a collateralized stablecoin built on the TRON network.nUSD is a stablecoin designed to be used for every day transactions.The Maker token is the native token of the MakerDAO platform. Its purpose is to help govern and stabilize the DAI stablecoin project.

Token Stats

Company Description

The JUST token is used as stabilizing mechanism for the JUST network, which is a stablecoin network built on top of the TRON blockchain. TRX token holders can purchase the USDJ stablecoin, which is pegged to the US Dollar through collateralized debt positions. The TRX tokens are held as collateral, and when the user wants to redeem their TRX tokens, they must pay a stability fee using the network's JUST token.

nUSD is a stablecoin that is pegged to the UD Dollar. It was created by Havven, a decentralized payment network. nUSD has a dual token mechanism that provides stability. In order to generate nUSD, users must acquire Havven Coin (HAV) and lock it in a smart contract. 80% of their HAV holdings remain in collateral, and 20% of its value is generated in the form of newly minted nUSD. This collateral staking mechanism includes an incentive mechanism that rewards users with a portion of the transaction fees that are collected when nUSD transactions occur on the network. nUSD is currently an Ethereum-based token, but will soon be transferred to EOS.

The Maker token (MKR) is the MakerDAO native token. It acts as a utility token, governance token and a recapitalization tool for the MakerDAO platform, which manages the DAI stablecoin. MKR is used as part of the stabilizing mechanism that is in place to combat the price volatility of the DAI stablecoin.
DAI is pegged to the US dollar and has collateral in place to ensure stability. The MKR token is used is to pay for the "collateralized debt positions" (CDPs) that have been used to generate DAI. After this MKR is used, it is removed from the supply. MKR holders also contribute to the governance of the MakerDAO and vote on crucial issues related to the direction of the DAI stablecoin.

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