• ChainwireJustLend DAO has announced the launch of two new features – “Staked TRX” and “Energy Rental”, designed to increase user benefits and reduce energy rental costs.
• The new Staked TRX feature allows users to earn high yields by staking their TRX tokens and receiving sTRX tokens.
• The launch of Staked TRX and Energy Rental is expected to create a fully decentralized resource market on the platform.
ChainwireJustLend DAO Launches Two New Features
Singapore, Singapore, April 19th, 2023 – ChainwireJustLend DAO has announced the launch of two new features – „Staked TRX“ and „Energy Rental,“ aimed at providing users with more flexible and streamlined options while reducing energy rental costs. This major upgrade expands the reach of JustLend DAO’s capability to multiply users‘ benefits by putting their assets into active use.
Staked TRX Feature
The new „Staked TRX“ feature is based on Stake 2.0 and allows users to earn high yields by staking TRX then receiving sTRX tokens. With „Staked TRX,“ the platform automatically earns yields for users via (a) voting rewards as the platform automatically votes for Super Representatives with their staked TRX and (b) renting out the Energy obtained by staking, resulting in higher yields and a much simpler staking process. As voting rewards and rents accrue, the exchange rate of TRX to sTRX will rise accordingly, thus increasing total yields.
Energy Rental Feature
The new „Energy Rental“ feature provides a more cost-effective alternative to obtaining Energy by staking or burning Energy. Users can rent Energy or end their rental at any time, making this process less complicated and less expensive than ever before.
TRON Stake 2.0 makes resource and voting management remarkably more flexible than its predecessor, Stake 1.0. JustLend DAO now allows users to earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy – all within one platform! The launch of Staked TRX and Energy Rental is expected to spawn a fully decentralized resource market on its own platform.
TRONSCAN statistics indicate an expansive user base of more than 154 million accounts with a total transfer volume exceeding $7 trillion dollars! The launch of these two new features are expected to free up headaches for many existing customers while elevating their user experience significantly as they become empowered with opportunities that are available through JustLend DAO’s services – all within one platform! In addition, plans have been made for further developments such as JST buyback-and-burn programs that will facilitate sustained growth in order to accommodate massive demands from customers across all platforms