Renowned crypto trading platform OKEx announced on Monday that it is supporting the JUST Token airdrop for TRX holders. The giveaway will be in a phased manner and will begin at midnight on May 20.
ANNOUNCEMENT: We'll now support #JUST @DeFi_JUST
airdrop for #TRX holders. Learn more: https://t.co/n1cefPDImT https://t.co/P84xjJ0VRf— OKX (@okx) May 19, 2020
The Malta-based crypto exchange shared a detailed blog about the airdrop on its website, where it stated that the JUST Foundation would make 2.2% of the total supply available for the airdrop, which equates to 217,800,000 JST. It further said,
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The distribution of JST tokens will happen on the ratio of TRON held by the users to JUST available on OKEx. JUST is a new age distributed platform, and is already one of the fastest-growing crypto network. According to Dapp.com, JUST had the 3rd highest 24-hour transaction volume in finance dapps, which is a great achievement for a platform that is just a few weeks old.
🚀@DeFi_JUST 24h volume +2512511.89%, NO.3 in finance #dapps
🔔Upcoming $JST #Airdrop
-If you have over 100 $TRX in your FTX account on 20 May 00:00 UTC
-You'll receive $JST airdrop in your https://t.co/kznsS1YxXC account on 21 May 00:00 UTCDeposit now👇https://t.co/VWLyDVrFLw pic.twitter.com/QKhtaIyYtq
— Dapp.com (@dapp_com) May 18, 2020
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The JUST platform is based on the TRON blockchain and provides decentralized financial solutions to users across the globe. Apart from the native JST coin, the network also has a USD based stablecoin called USDJ, which now has a supply valued at more than $4.2 million. The collateral transactions between TRX and JST have also been quite substantial, with the volumes now exceeding more than $15 million.
👍INCREDIBLE👍#JUST #TRX collateralization amount has already exceeded 1 billion, about 15 million USD.👏
The total supply of #USDJ has exceeded 4.12 million USD.🤟 pic.twitter.com/PIxxqaHq5i
— JUST Foundation (@DeFi_JUST) May 18, 2020