Justswap is a fully decentralized exchange protocol which means that there is no third parties involved and no centralized authority, allowing users to have full control of their activities and while interacting with the protocol.
Tron users who make use of the justswap protocol to swap between different tron-based trc20 tokens have full control of their funds and assets. Justswap runs on the tron blockchain network and this is one of the main benefits of using decentralized exchange protocols, users have full control of their assets and funds in their wallets.
This is another importance of the Justswap protocol as it utilizes the smart contracts functionalities and capabilities of the tron blockchain to interact with the liquidity pool and execute transactions on the Justswap protocol.
Users can earn passive income from the justswap protocol by becoming a liquidity provider or staking their LP tokens to earn rewards based on the estimated APY.
Justswap is a secure decentralized exchange protocol that provides security to user funds and assets. Since justswap is a decentralized exchange, it means that transactions are fully controlled by the users and not any third party or centralized entity, ensuring security when making use of the protocol.
The tron blockchain is known for having low transaction fees, this means that all transactions on justswap protocol which runs on the tron blockchain will also have low transaction fees compared to making use of a lot of centralized exchanges to trade the tron-based tokens.
Since Justswap is a decentralized exchange, there are no account creation, instead, users connect their tron wallet to the protocol and begin exchanging between the tron-based tokens. Also, transactions on the tron blockchain is very fast which helps users to quickly swap between any tron-based tokens.
As a decentralized exchange protocol, it means that the transactions are peer-to-peer without any third party. Users trade on the justswap protocol in a peer-to-peer way without any order book or centralized entity. Users perform transactions directly from the liquidity pool added by other users as the liquidity providers who earn rewards for adding liquidity to the pool.
Users can earn passive income from the justswap protocol by becoming a liquidity provider or staking their LP tokens to earn rewards based on the estimated APY.