The Tron Foundation has introduced its own stablecoin system, known as Djed.
New stableThe dollar-pegged coin has the ticker USDJ. The Djed system will allow you to borrow this stablecoin using Tron tokens as collateral.
The project, announced back in January, was submitted by Justin Sun on Twitter:
The Tron Djed DeFi ecosystem has a number of similaritieswith an ecosystem developed by MakerDao. The Djed platform will issue its own token – J.E.D. Holders of this token will be able to use it to pay interest on the loan.
The community management system is similar to the MakerDAO system – any Tron account can submit suggestions for improvements, and JED owners have voting rights.
Recall that Justin Sun recently published information about the latest achievements of his cryptocurrency. According to the creator of TRON, this year the network has reached several important new milestones.
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