JustLend sTRX
(JST)
Tron Chain
Liquid Staking
TVL by Chain
| Asset | Quantity |
|---|---|
| Tron | $3.22B |
Protocol Information
Liquid staking protocol for TRX that issues sTRX, with yield generated from TRON governance voting rewards and Energy rental revenue.
Methodology
Counts the TRX custodied by JustLend DAO's Staked TRX contract (STRXProxy), which mints sTRX against deposits and stakes them for bandwidth and energy. Reads the Tron account state of the contract: its liquid balance, its frozenV2 BANDWIDTH and ENERGY stakes, the stake whose resources are delegated out to energy renters, and deposits sitting in the 14 day unstaking window. Resources delegated in from third parties are excluded, since that TRX is not owned by the contract. TRX supplied to the JustLend lending markets is not counted here, it is reported by JustLend V1.
