Staked TRX Price (STRX)

Staked TRX (STRX) Token Price Now

Staked TRX price today is $0.2868 with a 24-hour trading volume of $127,276. STRX price is up 1.24% in the last 24 hours. It has a circulating supply of 486.16Mil STRX tokens and a max supply of 486.16Mil.
In order to search for real-time and historical information about Staked TRX (STRX) blockchain, including data related to blocks, transactions, addresses, and more, you may use Staked TRX (STRX) block explorers. Here are some of the most popular and useful Staked TRX (STRX) blockchain explorers out there:

• tronscan.io

What Is Staked TRX(STRX)?

JustLend DAO has released a Stake 2.0-based new feature named "Staked TRX", with which users can get sTRX tokens and earn high yields by staking TRX. 

sTRX is a yield-bearing token provided by JustLend DAO based on "Staked TRX", users can obtain sTRX by staking TRX on JustLend DAO, and holding sTRX will earn yields.

"Staked TRX" provides users with both staking yields and liquidity, increasing the flexibility and efficiency of funds. You can unstake TRX at any time to swap sTRX back for TRX.

JustLend DAO protocol is a TRON-powered money market protocol aimed at establishing fund pools whose interest rates are determined by an algorithm based on the supply and demand of TRON assets. There are two roles within the protocol, namely suppliers and borrowers. Both of them interact directly with the protocol to earn or pay a floating interest rate.

How is it different from traditional staking? 

In traditional staking, you need to take actions such as staking, voting, and claiming before you can gain voting rewards, with no profit from Energy Rental. In "Staked TRX", however, the platform will automatically earn yields for you by voting with your staked TRX and renting your Energy, which offers higher yields and makes staking much easier. 

What are the Features of JustLend Protocol?

• Fund supply: JustLend adopts the idea of money market fund pools, with different underlying assets corresponding to their own markets.
• Matching: Orders are matched by smart contracts automatically. There is no need for suppliers and borrowers to negotiate interest rates, loan terms, etc.
• Interest accrual: Interest accrues as each block is generated on TRON (which takes around 3 seconds).
• Lending: Lending is executed in real time. Suppliers can enjoy interest without any action as long as they hold jToken.
• Repayment: Borrow and repay as you go. Borrowing can be done as long as the collateral value * collateral factor > loan value + accumulated interest.
• Supplying/borrowing interest rate: The floating interest rate is automatically calculated by JustLend smart contracts based on market supply and demand.
• Liquidation: If the borrower's collateral value falls below the liquidation threshold, JustLend smart contracts will automatically trigger liquidation.

How to Obtain sTRX?

You can obtain sTRX by staking TRX on JustLend DAO, and holding sTRX will earn you yields. 

Yields consist of the following two parts: 

1. TRON Power obtained from the TRX staked on TRON are voted for Super Representatives (SRs) to earn voting rewards for users.
2. Energy obtained from the TRX staked on TRON are rented to earn rent for users. 

As the voting rewards and rent accrue, the exchange rate of TRX to sTRX will increase accordingly, thus increasing your total yields. 

You can unstake TRX at any time to swap sTRX back for TRX. This can also be done through decentralized exchanges like SunSwap or centralized exchanges like Huobi. 

Different from the conventional way of staking which only generates yields on staked assets, "Staked TRX" provides users with both staking yields and liquidity, increasing the flexibility and efficiency of funds. 

Staked TRX (STRX) Community

• Twitter: http://twitter.com/DeFi_JUST
• Discord: https://discord.com/invite/2KdByBgBA3
• Telegram: https://t.me/officialjustlend

What is Staked TRX (STRX) Contracts address?

• Tron20: TU3kjFuhtEo42tsCBtfYUAZxoqQ4yuSLQ5