Blockchain and Cryptocurrency Beginner - JustSwap: Practical example of an interaction with JustSwap Platform

On Justswap, any user can add liquidity into the pool. This is done by adding assets to the liquidity pool at a 50/50 ratio. Liquidity providers earn rewards from the transaction fees. Adding liquidity on Justswap is a straightforward process. However, users need to have the assets in their wallets to be able to add liquidity.

On Justswap, enter the “Pool” section and click on add liquidity

Next is to select the assets to use to add liquidity. For me, I selected WIN token because I have both TRX and WIN tokens in my wallet.

After that input the amount of the two assets to be added. For me, I inputted 50 TRX and 7772.796334 WIN

Next, click on supply to proceed with adding liquidity to the pool

Next, the details of the supply will be displayed and the amount of liquidity pool tokens to receive. For me, I added liquidity on the TRX/WIN pool and will receive 1602.048843. TRX deposited is 50 and WIN deposited is 7772.796334. The rates are 1 TRX = 155.455927 WIN and 1 WIN = 0.006433. Click on confirm supply.

After that, sign the transaction on the tronlink wallet to execute the transaction.

Liquidity of TRX/WIN has been added to the pool.

Justswap protocol is of the most popular protocols in the tron ecosystem and has proven to be a very good and secure decentralized exchange for swapping between TRX and other tron-based tokens. Justswap has gained a lot of growth since it was created and has grown to become one of the top protocols in the DeFi space. On justswap, liquidity providers who provide liquidity on the Justswap protocol earn rewards from the trading fees, ensuring that it is secure and decentralized. In my opinion, Justswap is amazing and because it runs on the tron blockchain network, it means that all the transactions on justswap have very low fees and is fast which makes it a great tool to drive more adoption in the world of DeFi.