JustLend

Is JustLend a secure platform?

JustLend implements robust security measures, including public code audits, third-party professional reviews, and a bug bounty program to identify and address vulnerabilities in its smart contracts. The protocol uses decentralized oracles like WinkLink for reliable data feeds and employs enhanced security protocols to protect against manipulation. However, as with any DeFi platform, inherent risks exist, but JustLend’s transparent governance and risk management aim to mitigate them.

How to use JustLend?

To use JustLend, connect a compatible wallet (such as TronLink) to the platform, then deposit assets in the "Supply" section to earn interest or use them as collateral in the "Borrow" section to access loans. Lenders receive jTokens representing their supplied assets, which accrue interest and can be redeemed at any time, while borrowers must ensure sufficient collateral to avoid liquidation. All transactions, including lending, borrowing, repayment, and withdrawal, are managed through smart contracts and confirmed in your wallet.