JUST Token

by TRON

(0)
View Profile

nUSD

by Havven

(0)
View Profile

Paxos

by Paxos

(0)
View Profile

JUST Token

by TRON

(0)
View Profile

nUSD

by Havven

(0)
View Profile

Paxos

by Paxos

(0)
View Profile

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.Paxos provides a variety of financial trust and custodial services for clients that want to take advantage of the benefits of blockchain, while remaining compliant with legal and regulatory frameworks.

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.

Paxos is a regulated financial company specializing in providing blockchain trust and custodial services for their clients. Paxos' settlement platform (Bankchain) is designed to be integrated with existing systems and to eliminate settlement risk in the exchange of digital assets. The company created a USD backed stablecoin called PAX, that is built on the Ethereum blockchain, and is meant to assist their clients in converting a variety of assets into digital versions, that can be more easily exchanged on a blockchain.

Ratings

(0)

(0)

(0)