DeFi & NFT
By Dan Saada
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Total staked value at the time of writing consists of 10,640,925,312 TRX. Using the JustSwap Mining Tab you can Stake LP tokens on JustSwap to earn rewards in TRX and more.
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Several questions come up when it is about lending like how is the price determined, how to exchange tokens, what tokens are supported for swap?
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Price is determined by the number of tokens in each pool. The smart contract maintains a constant function: x*y=k, in which x = token1, y = token2, k = a constant number.
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Both conversion between two TRC20 tokens and between TRX and TRC20 token are supported.
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To create a trading pair: Select the Pool and click "Add Liquidity." Choose two tokens you want to add liquidity to (one of them should be TRX), and then you enter…
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Note: The platform protocol will calculate the initial price of the trading pair, and the pool share of the fund pool (mining rewards will be distributed based on this ratio).
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Creating a pool pair requires confirmation from your wallet. Please click “Accept” in the “Request Signature” pop-up window.
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The trading pair will then be successfully created when the upper right of the page shows "confirmed" after a few seconds.
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After the token is authorized, click “Supply” button to add liquidity to your newly-created trading pair. Adding liquidity requires confirmation from your wallet.
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There is no need to add a Wallet. When you enter JustSwap through the APP, you will be automatically connected to your current TronLink account; those who want to switch to…
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