JustMoney - Building an ecosystem for the next generation of decentralized applications to power Web3

Nice one JustMoney team. Thank you for reaching this interesting collaboration with other hackathon projects and listing their token on just.money, making it easier for the community to ape into those tokens. We really appreciate your great efforts to the Tron ecosystem :clap:

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Buena noticia, están realizando un buen trabajo que cada día se deja ver.

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All the tokens listed on JustMoney (BTTC) can now be tracked on CoinGecko.

Don’t hesitate to share the news with all the BTTC projects you know!! They can contact me directly here, on Twitter or telegram if they want to open a pool :fire::fire::fire:

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Floating charts are now available on JustMoney :star_struck:
Have a look at this video and try it on just.money

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This gives visibility to listed token.
Visibility also to Justmoney

Doing good job.
Keep it up.
Tron blockchain will be better

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Nice development, $CORK is definitely a must acquired token (“NFA”). Since people are finally waking up to what the wine industry has to offer in terms of investment.

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Wow this is absolutely amazing. JustMoney keeps doing great

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Les felicito por su nuevo logro de coingecko, en cuanto a los gráficos flotantes es un adelanto importante en cuanto a la experiencia de usuario.

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Thank you team JM for always updating us with your latest achievements :clap: Keep building sTRONge :muscle:

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@JustMoney

(1) What is the taxation system that tokens like Safemoon and JM token implement?
(2) How does this taxation system affect the way that tokens are swapped on DEXs like Sunswap?
(3) What are the specific problems that JustMoney Exchange encountered when trying to swap tokens with taxation systems on Sunswap?
(4) How did JustMoney Exchange address these problems?
(5) What are the implications of this issue for the future of.

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Hi mate :wave:
This presentation was for the hackathon season 1 last year, glad you’ve found it :muscle: You are digging everywhere :rofl:

I’ll answer your questions with pleasure:

  1. The taxation system is actually a tax taken on every buys-sales-transfer of tokens. For Safemoon they tax is 10%. A part of those 10% goes back to every holders, a part is burned and I believe a part goes to the team for marketing purpose. The JM V1 (also called JM OLD) had a 3% tax which was distributed to every holders proportionally to their holdings (the black hole being a holder, a part of the tax was in the facts burned as well). Last year we have decided to make a JM token v2 that could interact with the bridge and become the crosschain swap instrument. We’ve decided to abandon the taxation and focus on the usecase.

  2. The way it affects transactions depends on the swap version (sunswap v1, 2 ,3).
    For instance on sunswap v1 it could simply not work at all. An other issue was the estimation of the amount of tokens to be received or sent. Also we’ve made it possible for projects to whitelist the DEX so providing liquidity isn’t taxed which allows holders to help the project to provide without losing tokens.

  3. Same as point 2.

  4. We fixed those issues. So everything is working perfectly fine for taxed tokens.

  5. You forgot to write the end of the question :smile:

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@justmoney. Indeed ur ideas are touch not but I have some few questions which are

(1) How do you ensure that your UI/UX is easy and pleasant to use for both beginners and experienced users?
(2) What steps do you take to ensure that the tokens you whitelist are legitimate and safe to trade?
(3) How do you choose your partners? What qualities do you look for in a partner?
(4) What are your plans for integrating different blockchains? How will this benefit users?
(5) How do you see the relationship between CEXs and DEXs evolving in the future? Do you think they will eventually become complementary.

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  1. We make sure UI/UX fits beginners and experienced users by firstly having a professional and experienced UI/UX engineer @Alexey working very closely with the rest of the dev team. And secondly by having a large panel of beta testers (some are our most active community members, some are our partners and some are our friends/relatives who aren’t in crypto). Once the team is satisfied and we consider that we can finally show the product to a larger audience we will present it to the whole community and all our partners. We listen to each and every advices, some features have actually been proposed by our community members.

  2. Nobody can really be 100% sure of what will happen to a project. It depends on many factors. But we take the due diligence very seriously. We read the whitepaper, we look at the website/platform and then we discuss with the team that is requesting the listing. We will ask them some questions related to their project and the vision they have. We might also share some advices if we think the potential is there but the project might need some changes/additions. We also require a minimum amount of liquidity in the pool.

  3. Well to chose partners we look at the tech side and the human side as well. Same as for the due diligence. Then we try to figure out the possible synergies we can implement and how it will benefit every parties.

  4. So far our DEX has been established on Tron, BTTC, BNB Chain, Polygon and Ethereum.
    All those chains (except BTTC but things started to move recently) already have an ecosystem and a community. We make it easy for our users to move from a chain to an other in few clicks and under one minute. In the future we will keep expanding to major blockchains. But we might also consider new chains. We have been in the past contacted by several new chains and one of them caught our attention. We consider expanding there as well. More info in the next few weeks/months.

  5. This is a though question. Actually more and more cex seem to launch their own chains and don’t intend to build an in-house DEX. We’ve been contacted by at least 2 CEX in the past but none of them provided us with enough materials showing that they were building something different, something that could change or improve the industry. Now we are seeing more and more companies offering on-ramp/off ramp solutions for crypto. We also see DEX’s launching option/futures trading, concentrated liquidity,… DEXes are looking more and more like CEXs.
    While a part of the crypto holders prefer to keep their coins on centralised exchanges (maybe because they don’t dare yet to get self-custody wallets, maybe they don’t dare to use smart contracts yet), more and more people started to feel comfortable with having full custody over their own assets and using decentralised exchanges. Imo CEX are a comfortable first step to get a toe in crypto before jumping in the big bath. I don’t see them disappearing any time soon.

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TRONICS WE NEED YOUR HELP!

Hi guys! Hundreds of Tronics got their funds stuck on USWAP since the platform is offline.

Here is a solution to migrate them to JM Swap in a click and at NO ENERGY COST!

Please share this thread around to help us reach out those who are stuck and would need some help :pray:t2:

About $250.000 are currently stuck on Uswap!

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hey @fabsltsa does just money offer perpetual trading?

That’s not on the road map yet as this requires a big amount of traders to work properly but definitely in the plans for the future. Hence I hope Tron and BTTC will get more traction in terms of dApps users. Especially BTTC since gasfees on that chain are ridiculously low.

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