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![iMarkup_20211007_090245.png](https://cdn.steemitimages.com/DQmVviwVR9GBxEFDG4hC1GSnNsobzuTMW9kZax2wJYTCdGG/iMarkup_20211007_090245.png)



Greetings friends, it's my pleasure to participate in this week's lectures by professor @kouba01 which is actually a pleasurable expedition on my side. Below are my take on your questions.




>1  Present the Just Swap platform in your own way, demonstrating its importance within the Tron ecosystem blockchain.


Just Swap is a decentralized system of financing, meaning that hat it is sequestered from human influence.

This invention supports any TRC-20 token in trading and like every other exchange, this invention can be used in performing transactions like: Trading, swapping of assets, pool staking etc.

Just swap doesn't need certain personal information before logging in and based on this, you only need the decentralized Tron link wallet which is only what is supported by this invention to enroll into it.

Apparently, you don't necessarily need an external wallet before logging in rather you are logged in using your provided Tron link for any activity in the JustSwap ecosystem as everything is managed by smart contract.

# LOW TRADING FEE
Just Swap has a Trading fee, on like many other exchange platforms where there is a varied trading fee that is applied to their trades based on floating priced, same is not applies in JustSwap but on the contrary, it has a stipulated inflexible fee of  0.3% of your stake values despite the volume of assets you wish to trade with as it does not regard price changes that is whether prices are high or low which is a good advantage yo traders. 

Let's assume that a trader wishes to stake some coin on the JustSwap platform using $100 so the exchange charges will be 0.3% of $100 which is $0.3 and by calculation we have (0.3/100) $100= 0.003* $100= $0.3 this is actually one of the pros on the side of traders as this may not be obtainable from many other exchanges.

# LIQUIDITY OPTION

JustSwap ecosystem has many liquidity option that can suite users capacity while mining proceeds from liquidity pool are shared to different staked wallets and this mining reward can be claimed at any time while the remnant is distributed once every 6 months


# SECURITY
The system is highly secured in that it utilizes the decentralized system of financing, It makes use of a whole lot of features to protect the interest of its users.
For instance data security is highly protected by local storage private keys since it makes use of the decentralized system and currently it has about 1332 nodes globally. Recently justswap was added as an asset fit for collateral in which justlend came up as it's first official platform for this medium.

# PORTFOLIO:
Currently as of the time of writing this post, it has a trading volume of $34,657,144.09 and a total locked value of $1.4b with about 6,500 users, and about 74,509 transactions, with $8.4b staked asset


![iMarkup_20211004_081612.png](https://cdn.steemitimages.com/DQmSxYztyRS7gb3S39RsKHx22JHm8T7mRBVe4Tnw5bcEidA/iMarkup_20211004_081612.png)


> 2 What tokens does JustSwap support trading? How is the price of a JustSwap token determined (how it works)? Use an illustration to explain it.(screenshot required)



Just swap supports TRC-20 tokens, and the TRC-20 it self is a technique for smart contracts that was built on the Tron blockchain for validating transactions alongside with the TVM (Tron Virtual Machine). It also support pairable tokens between Tron and other TRC-20 tokens for trading for instance it supports pairs like:
USD/TRX, WIN/TRX, USDJ/TRX, BTCT/TRX  JST/TRX etc.
From the screenshot below we can also see some of the tokens supported by JustSwap

![iMarkup_20211007_030721.png](https://cdn.steemitimages.com/DQmZwMFrmERGJ1uLmBXXXW7YuhdiD3sAafjTHTez7dgnVdT/iMarkup_20211007_030721.png)



# ILLUSTRATION OF HOW PRICES ARE DETERMINED IN JUST SWAP

Just swap token price are determined by a default formula which is X*Y=K
Where X and Y are TRC-20 tokens and K is a constant 
Hence let's assume that X is TRX and Y is JST and with the screenshot below, I will be illustrating this. 


https://cdn.steemitimages.com/DQmYcRRech6hTQkykt8KoRq57XaZaZs2gADp5pGDKdH3ptT/iMarkup_20211007_055332.png


Now From the screenshot above, we can see that the value of TRX is $4.18 with qty 43.47 and JST value is $9.93 and the qty is stipulated 129.48 

Now the price of my asset is determined by adding up the two values of the stipulated token which gives me a corresponding constant value in Tron which is $14.1 after the 0.3 percent charges by the system.

# OBSERVATIONS

* An increase in the value of TRX will effect a decrease in the value of JST  and vice versa and also a decrease in the price of TRX will result to an increase in the value of JST

* The two values of the assets must be equal to the constant value which is measured in TRX after charges.

* The two values of the assets can never be depleted for price to be determined.

* The constant price is parameterized in TRX $ value

* The percentage increase or decrease in the two assets must not be greater than 0.01 which is the variance between the market price and the estimated price of these assets caused by their trade sizes which will enable the system to maintain a constant value in the K



![iMarkup_20211004_081612.png](https://cdn.steemitimages.com/DQmSxYztyRS7gb3S39RsKHx22JHm8T7mRBVe4Tnw5bcEidA/iMarkup_20211004_081612.png)

> 3 How do I connect my wallet to JustSwap.io? Is there a mobile app? (Screenshots needed)


There is no precise mobile app for this, so for someone to login, you will be connecting your Tron link wallet and besides if you would like to login using the web version, you will be making use of justswap.io by linking your Tron wallet to it also.

Then on this disregard, I'll be making use of my Tron Link wallet to login to JustSwap.io 



![iMarkup_20211007_041123.png](https://cdn.steemitimages.com/DQmbh1PadWkczr4x9JDdvkfxHTaBAsSJAQZpMqxWCKbSwgL/iMarkup_20211007_041123.png)

<center>Wallet balance</center>

After logging in to my Tron link wallet, I click on discover, as it pops up, I click on JustSwap icon

![iMarkup_20211006_084025.png](https://cdn.steemitimages.com/DQmNcsReBpXJ5Z72VTxVqr3wv3FhsK1dFYJZ9LgZfVynB92/iMarkup_20211006_084025.png)

Finally I'm automatically connected into the just swap application interface and from my connected wallet we can see my balance below stated at 153.5 TRON and a total locked value of $1.4b this was exactly as of the time writing this post.

![iMarkup_20211007_042541.png](https://cdn.steemitimages.com/DQmc1bLb9q6KN7ASKc1FPRmbyabQw1xKMyqJ93J54aB4Xuk/iMarkup_20211007_042541.png)
[Source](https://justswap.link/?lang=en-US#/home?utm_source=tronlink)


![iMarkup_20211004_081607.png](https://cdn.steemitimages.com/DQmSxYztyRS7gb3S39RsKHx22JHm8T7mRBVe4Tnw5bcEidA/iMarkup_20211004_081607.png)





> 4 Include a real example of your interaction with Just Swap, demonstrate how you can trade on the platform. (screenshots required)

To be able to trade with this platform, you must first possess some reasonable quantities of Tron in your wallet so as to have enough energy to process the transaction else the transaction will not be authenticated and your little liquidity will be consumed in the process without authenticating the transaction.
Let's go take the routine below:

First after logging into your Tron link wallet you click on discover and then click on just swap 

https://cdn.steemitimages.com/DQmXD4CUkjUPhoaLcGQfkEjgpr1QpNjCmns9e5tiV4xFXDh/iMarkup_20211007_061530.png



Next, on the Just Swap interface you click on select token since the system default token is TRX which is actually the reason why you must possess some Tron in your wallet

![iMarkup_20211007_062838.png](https://cdn.steemitimages.com/DQmSKfTBrcwSeEPhL3uZfiytiC6uCNnmjH4Ei3kJoKxKRMM/iMarkup_20211007_062838.png)
[Source](https://justswap.link/?lang=en-US#/home?utm_source=tronlink)



At clicking at select token then you select the token you wish to trade with on the drop down menu and for me I will be trading using Tron to JST pair, so I click on JST then it will be automatically added as my trading pair.


Next, I input the amount I wish to be trading with on the provided Tron box and finally it's sun equivalent is posited, then I check on the stochastic chart whether it's in a positive trend although based on my preference, I then check using my preferred indicator, so if I'm satisfied Trading with the pairs then I click on swap.
And here I wish to swap all my tokens to JST even as we can see from the screenshot then I click swap.

![iMarkup_20211007_071309.png](https://cdn.steemitimages.com/DQmPsGGxj6mCkeH6PhhNwVHUrHNatKsqJqgWMWts5TgrEFa/iMarkup_20211007_071309.png)

![iMarkup_20211007_063605.png](https://cdn.steemitimages.com/DQmfJJtsqMLb8QqjrYFMr1zbPRMQb7DMdRy3ASu88fAZviQ/iMarkup_20211007_063605.png)
[Source](https://justswap.link/?lang=en-US#/home?utm_source=tronlink)


Next I have to confirm the transaction by clicking on confirm swap.


On the next interface I then authorize the trade by clicking on continue, then on the drop down menu I click on confirm

![iMarkup_20211007_064106.png](https://cdn.steemitimages.com/DQmTqx5gR1PsHYKWC5mEuBy1PCyKxYSW6jczz34366o9mVi/iMarkup_20211007_064106.png)

Then on this interface I will be confirming my trade and then input my password after which I click on done.





![iMarkup_20211007_065230.png](https://cdn.steemitimages.com/DQmR9HVDjDUXh2Puo5pD79myEWMGQux6FWQx5KA1278CNvR/iMarkup_20211007_065230.png)



After hitting done, then I wait as the system authenticates my trade that is actually how to trade using the Just Swap and the routine can be manipulated as much as one wishes by going through the same process. Finally we can see the balance of my trade below with the traded JST crypto stated at $9.926



![iMarkup_20211007_065628.png](https://cdn.steemitimages.com/DQmRy6KJ3FE6osya1KDR3GZDPHDnpXJXkiG8xcQSj853cmm/iMarkup_20211007_065628.png)

![iMarkup_20211004_081607.png](https://cdn.steemitimages.com/DQmSxYztyRS7gb3S39RsKHx22JHm8T7mRBVe4Tnw5bcEidA/iMarkup_20211004_081607.png)


> 5 Include a real example of your interaction with Just Swap, explain How to add liquidity to JustSwap. (screenshot required)

First we have to establish that there is no Just Swap without TRX and TRX is a necessary asset which one must acquire as to be able to authenticate any transaction in this system.


Now to add liquidity to just swap, you have to go through the procedure again by clicking on discover and then you click on  just swap icon after which you click on pool.


![iMarkup_20211007_081521.png](https://cdn.steemitimages.com/DQmV9MSGedbAJdzJw7ykJYhAPhsHTd3KCJ4vvcZgJifQUui/iMarkup_20211007_081521.png)


Then on the pool interface, you click on add liquidity, on the add liquidity you click and select your choice token that is the token you will be pairing your TRX with, so in this illustration I'll be making use of the USDC so I click on it as it automatically insert into my select token. Nevertheless for me to be able to perform this transaction, I must have some quantities of USC  in my wallet even as we can see.

![iMarkup_20211007_082054.png](https://cdn.steemitimages.com/DQmcxCYQ8cHLsDhmcsMhnazQ1iwiUZdtDekaPiBGFGrT9hH/iMarkup_20211007_082054.png)



After inputting the quantity of TRX to usdc that I wish to add into the liquidity pool, i then click on supply and this will take me to the confirmation page where I will click on confirm.
On the next interface, I input my password and then click on confirm supply and on the next interface I click on confirm and finally wait for the system to approve it.


![iMarkup_20211007_082646.png](https://cdn.steemitimages.com/DQmQi8rbneRFPfF8pGoqWub9MMLsA4SdbeFxtHLX7g4kASx/iMarkup_20211007_082646.png)



Once it is approved the system will confirm that the liquidity has been added so finally we can see the confirmation in my wallet below.

![iMarkup_20211007_082927.png](https://cdn.steemitimages.com/DQmdT76VHGzkhcSfyd4cRtE5K5rkBbtFCbHzFsz8r8x9emE/iMarkup_20211007_082927.png)
[Source](https://justswap.link/?lang=en-US#/home?utm_source=tronlink)


# <center>CONCLUSION</center>


Just Swap is actually a good medium for investment and if given a proper attention may not only generate passive income to a trader but it could also be a pretty source of livelihood.

The swap option is actually good for trading and on the other hand it is more advisable to make use of the pool option if one does not have a good trading technique to avoid loss of trade and this is also profitable as you can pull your earnings at any time.

Thanks to Professor @kouba01 for such an opportunity availed to me to go through this research.

Cc: @kouba01

Cc: @yohan2on






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