sTRX is a yield-bearing token provided by JustLend DAO based on TRX Liquid Staking. You can obtain sTRX by staking TRX on JustLend DAO, and holding sTRX will earn you rewards.
Rewards from liquid staking consist of two parts:
- TRON Power obtained from the TRX staked on TRON are voted for Super Representatives (SRs) to earn voting rewards for users.
- Energy obtained from the TRX staked on TRON are rented to earn rent for users.
As the voting rewards and rent accrue, the exchange rate of TRX to sTRX will increase accordingly, thus increasing your total yields.
JustLend DAO protocol is a TRON-powered money market protocol aimed at establishing fund pools whose interest rates are determined by an algorithm based on the supply and demand of TRON assets. There are two roles within the protocol, namely suppliers and borrowers. Both of them interact directly with the protocol to earn or pay a floating interest rate.
