All you need to know about JustSwap

in blurtafrica •  3 years ago 

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The Just Swap is one of the numerous dapps found on TronLink wallet, is a decentralized application developed on tron blockchain. It was basically developed for the purpose of easy swapping of assets especially TRC20 token on TronLink Wallet. In JustSwap liquidity providers are the receiver of transaction fees, and users receive mining rewards. It follows automated liquidity protocol, it easier and faster because it doesn't need matching orders. It is trusted and secured because it doesn't allow third parties from organization. Like most decentralized application it's controlled by smart contracts.

Importance of JustSwap in Tron blockchain

  • It's used to easily swap TRC20 token which is one of the tokens built on Tron blockchain

  • It also gives awesome and Free profit to users of Tron

  • It also create JustSwap is an automated liquidity protocol.

  • It gives unlimited liquidity to it users

  • Empower Tron users to take part in open financial markets.

  • It performs it exchanges fast and easily

Token that are supported by JustSwap are as follows:-

  • BTC,
  • DICE,
  • ETH,
  • HT,
  • JST,
  • LIVE,
  • LTC,
  • SUN ,
  • SUNOLD,
  • NFT
  • TRX ,
  • TUSD,
  • USDC,
  • USDT,
  • WBTC,
  • WBTT,
  • WETH,
  • WIN,
  • WTRX.

To find the value of price of how JustSwap tokens are determine, this a formula that is used.

x*y = k

Where
X = The first token
Y = The Second token
K = A Constant

The token are constantly in movement either increases and decreases, both the two token X and Y while K is always a constant, That is it doesn't change, it is also known as a fixed Values

Justswap is currently one of the best dApp on the Tron blockchain, one of its selling point is the Tron blockchain free transaction fee if you frozen Tron.

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