JustMoney Spot - Trading Platform

thank you for the update

2 Likes

Gracias por la información, es importante pensar en la experiencia de usuario a través de su aplicación, felicidades.

2 Likes

One more token has been listed on JustMoney Swap (and, therefore on JustMoney Spot): $ERG

$ERG is the liquid receipt token of Ergon, an Energy Marketplace built by @Sirluke and his team and presented for the HackaTron season 4.

4 Likes

Have a question @Sirluke
so buyers of these $ERG can redeem the trx locked right

3 Likes

That’s correct, with a 14 days unstaking period.
That gives an opportunity for $ERG holders to get $TRX faster and for other people to make some arbitrage :+1:

4 Likes

nice, so this is a way to help those who have locked their trx on Ergon and need money urgently.
You can sell your $ERG for $trx on Justmoney instantly

2 Likes

And those who don’t need trx urgently can then buy them back and redeem the trx from the contract :smiley:

2 Likes

exactly :joy: I will call them good Samaritans.
they are doing so to support the community

2 Likes

Exactly :smiley: And not at all for an easy profit haha

3 Likes

another question, will $ERG be static 1:1 with $trx forever?

3 Likes

No, $ERG value is constantly going up on $TRX pair since more TRX are added over time from the energy deals gains to the contract.

Correct me if I’m wrong @Sirluke :raised_hands:

6 Likes

Oh, sir does this mean the ERG peg to trx would be depending on trx holdings in the project? Or in thr justmoney dex?

1 Like

thank you for the update

1 Like

ERG is not static but it keeps increasing. The revenue of the energy selling goes into the smart contract, increasing the token price. Having opened a LP on JM effectively removes the 14 days lock on the TRX staked, giving every user the possibility to swap ERG for TRX. Of course the price might be slightly different from the one on Ergon, DYOR.

4 Likes

Through the new LP on JM, users can redeem locked TRX by exchanging directly ERG on JM DEX. The 14 days lock is no longer a problem. I suggest to use a market swap only if it’s needed, because probably the price impact will lower the effective price of the ERG exchanged.

2 Likes

Buena noticia e información para la comunidad

1 Like

You are the man. One of the most hardworking man alive, your team does not disappoint. You guys are too good :blush::blush::blush:

1 Like

The approach employed by @Sirluke’s team to solve this 14days problem makes me very much amazed.

As we were complaining and talking about how this thing is going to affect the energy market and how its not good for the image of tron, some genius somewhere had a plan to solve it peacefully.

You guys are wonderful.

3 Likes

I’m just a piece of the puzzle :blush: Every piece has its role to play and is important for the bigger picture :handshake:

And let’s not forget to give credit to the central piece of the puzzle @TobiasJM who brought it all together and makes sure every team member surpasses himself/herself and delivers the best :slightly_smiling_face:

But keep flattering me, I don’t dislike it :joy:

3 Likes

Kudos to you fabs
Seems your own piece of The JM puzzle
Is the PROTAGONIST.
You guys are awesome, doing above your best,
A replicate of you and your team
Still in this Tron blockchain/ forum
Will be a Big bang for Tron as a whole.

Once again
Congratulations

1 Like