- JustLendDAO launches groundbreaking dashboard with real-time data for DeFi users on the TRON blockchain.
- Key features include dynamic interest rates, APY metrics, market cap, and liquidity tracking.
- The dashboard empowers users to make informed, data-driven decisions in decentralized finance.
JustLendDAO has recently released a new dashboard, a breakthrough in the decentralized finance (DeFi) industry. The dashboard is currently in action, presenting historical data analysis data never seen before to users of the JustLendDAO lending platform, powered by the TRON blockchain. The new feature provides detailed information on borrowing, lending, and asset performance, a new milestone in the transparency of DeFi.
Joao Wedson highlighted that the introduction of the dashboard will give its users a deeper and easier way of interpreting their activities through their financial transactions on the platform. Wedson argues that the new tool enables users to make their decisions based on data as they seek to optimize their engagements with the protocol.
Source: X
Key Dashboard Features
The dashboard is designed with some essential features that simplify the monitoring of the user and the management of investments. The Supply Annual Percentage Yield (APY) indicates the annual rate of return to users when they supply the assets to the platform. Borrow APY shows the annual percentage rate for asset borrowers. The two metrics are essential in allowing users to make sound decisions regarding their contribution in the platform.
There is also a Market Cap interface on the dashboard that shows the overall value locked in all lending pools. The metric shows how the protocol is growing in general and provides a clear understanding of how it performs in the market. The Transfer Volume module monitors the token transfer on a daily basis to provide the user with a real picture of market activity.
Source: X
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The Liquidity section helps one obtain important information on available funds that can be borrowed, withdrawn in real time. It makes sure that users have access to the latest information on the platform’s financial resources, making their transaction planning easy. In addition to the liquidity, the Reserve section provides an accessible insight into protocol reserves, presenting transparency on its solvency and stability.
JustLendDAO DeFi Transparency
One of the highlights of the new dashboard is the Interest Rate Model, which has a dynamic pricing process that adapts to market forces of supply and demand. This characteristic guarantees the competitiveness and market-adjustability of the lending and borrowing rates. Utilization Rate is also used to give information on how the market is performing and would indicate the portion of assets deposited that have been lent.
Source: X
JustLendDAO dashboard is an important step in DeFi that gives unprecedented transparency and past data straight from TRON blockchains. The new tool gives its users the information they require to make more informed investment decisions and have a better understanding of the performance and risks of the platform they are using.
The JustLendDAO can transform the user experience with DeFi due to the provided historical information and real-time data. All major metrics are easy to track and follow with the help of the dashboard, which provides the user with a clear and accessible overview of all the investments and current market trends. This invention makes JustLendDAO a DeFi innovative leader and establishes a new aspect of transparency and data-driven insights in the world of decentralized finance.
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