JustSwap: Add Liquidity And Earn More Token
What is JustSwap?
JustSwap is an exchange protocol on TRON for exchanges between TRC20 tokens.
Conversion can happen easily between any two TRC20 tokens based on system price. JustSwap also allows users to earn transaction fees by being a liquidity provider, even getting commission-free on the protocol. In addition to exchanging TRC20 tokens, JustSwap users have the ability to earn transaction fees and mining rewards. All trading fees collected will directly go to liquidity providers of the protocol, rather than the protocol itself. This ensures full security and decentralization.
What is Liquidity?
Liquidity refers to the ease with which an asset, or security and here is Tron’s TRC20 token.
HBS is working as a liquidity provider
HBS is a decentralised finance platform operating on the TRON blockchain. Playing a role as a liquidity provider, HBS is believed to provide liquidity to JustSwap for now and other decentralised exchanges in the future, and consequently, creating a healthy source of revenue for our research and development activities.
We shall position ourselves as a liquidity provider for DeFi tokens. It is worth noting that we are not placing our liquidity pool on any centralised exchange, but rather tap onto decentralised counterparts. More specifically, we shall initially put our resources onto Tron’s recently announced JustSwap. This new initiative from Tron enables TRC-20 token holders to exchange their crypto assets with near infinite liquidity, and us (as a liquidity provider) to earn trading fees. The fee is currently set as 0.3% of the transacting volume. We expect this to be a healthy source of revenue for our research and development activities, while at the same time we could contribute our bits to the development of DeFi ecosystems.