Understanding $BEAT through three data points: Why is this IP giant building a new flywheel for Web3?
In the Web3 gaming circle, merely shouting slogans is useless; ultimately, it depends on the fundamentals. Whether a project is worth investing in relies on its ability to present the three cards of 'users, revenue, and burn'. Audiera (the upgraded version of Dance Dance Revolution Web3) and its token $BEAT perform exceptionally well in these three aspects.
First card: Users, traffic is hard currency.
$BEAT is an unattainable starting point for many new projects. It inherits a historical user base of 600 million from Dance Dance Revolution, coming with a massive traffic pool. More critically, it has already brought this momentum on-chain, accumulating over 5 million active users on-chain. This level of user volume ensures that the BEAT ecosystem will never lack popularity and basic demand.
In an industry full of volatile fluctuations and frequent project disappearances, JUST's "stability" has become its greatest value.
This stability comes from:
A long-running lending system
Continuously used staking contracts
A stable demand energy market
Clear and transparent income models
On-chain verifiable and ongoing token burn
No gimmicks, no fancy token issuance, no sudden rule changes, no centralized risk control. JUST operates like a financial machine, quietly yet efficiently for many years. This "stable-type DeFi" is extremely rare in the cryptocurrency market. And rarity is itself a form of value.
When the market starts to reprice "reliability," JST will welcome its true valuation level.
The cost of using blockchain is the core pain point of user experience. TRON's energy leasing is actually doing something very fundamental and crucial: minimizing and standardizing on-chain operation costs.
When costs become:
predictable
controllable
optimizable
available for batch leasing
freely combinable
the threshold for on-chain developers is significantly lowered.
The effect this has on the entire ecosystem is very direct:
More projects can afford on-chain operations → More functions will be on-chain → More users will participate → More transaction volume will be generated → Feeding back JUST protocol revenue → JST repurchase and burn enhancement
It is a classic infrastructure growth model. Energy leasing, on the surface, is a "small function", essentially it is TRON's "ecosystem accelerator".
In traditional finance, savings are synonymous with safety, stable returns, and long-term holding. On the TRON chain, this role is being replaced by sTRX. Why?
Because it possesses all the characteristics of a savings asset:
Stable returns, not chasing trends
Controllable risks, transparent staking mechanism
Can be exited at any time, high liquidity
High ecological necessity, growing demand
Can compound returns (as collateral)
This means that future new users entering TRON will not behave as before:
"First buy TRX → Research strategies → Check returns before proceeding"
But will change to:
"First stake into sTRX → Participate in the ecosystem → Automatically earn returns"
Transforming from "speculative assets" to "savings assets" is a path that a mature ecosystem must take.
TRON has already reached this stage, and JUST is gaining growth momentum from it.
Most tokens are just trading tools, but JST's role is completely different. It binds ecological governance rights + protocol revenue rights + destruction rights influence. Why is governance important?
Because when a protocol reaches a large enough scale, governance participation itself becomes a kind of "power competition":
Who controls parameter adjustments
Who leads revenue distribution
Who defines the fee model
Who decides future upgrades
This is not "symbolic governance". This is real on-chain power, affecting the structure of the entire financial layer of TRON.
The value of JST comes not only from destruction but also from "power scarcity". The further we go, the more it will become evident:
The entire market has too many projects relying on emotions and narratives to drive prices. Once the popularity wanes, it drops to zero. But JUST's advantage lies precisely in that it does not rely on stories, but on real on-chain usage. If you casually open a blockchain browser, you will see:
Real-time lending demand
Continuously growing sTRX staking volume
High-frequency trading of energy leasing
Protocol income increasing daily
Stable scale of liquidity pools
These are not the 'expectations' that the market talks about, but rather the 'facts' written on the chain.
The value of JUST is not imagined, but supported by every on-chain operation.
As long as the TRON chain continues to be used frequently, the value of JUST will continue to accumulate. This is precisely why it can transcend cycles.
It takes time for a new user to understand borrowing, governance, and token value; But you can make them understand one very simple thing: "On-chain operations are expensive → You can save money by renting energy."
Energy leasing is the feature that is easiest for JUST to spill over to the "non-crypto users" or "newbie users" groups.
Because it meets three characteristics:
Easy to understand at a glance: Just rent it
Immediate effect: Energy arrives instantly
Very low cost: Much cheaper than using fees directly
Energy leasing will gradually become the "user entry-level feature" of TRON, as almost all on-chain operations rely on it.
As the core provider of the energy market, JustLend DAO will sustain long-term demand — Thereby reinforcing the value system of JST.
If you take a close look at the data, you'll notice a trend: More and more new users entering TRON no longer hold the native asset TRX, but instead choose sTRX directly. The reason is simple, yet very crucial:
More stable returns Unlike trading, staking yields are hardly affected by market sentiment.
Can be used as collateral to enhance returns sTRX has a higher weight in the lending market. Clear ecological use cases As a standardized asset, it is recognized by multiple protocols.
Controllable risks, high transparency The yield rules are verifiable on-chain. sTRX has already transformed from merely a "staking product" into "TRON's stable yield asset."
Holders are essentially doing the same thing: Converting TRX from "idle assets" into "tickets for participating in the ecosystem."
TRON has a fact that many people overlook: It is one of the most frequently used blockchains in the world. The transaction volume has been ranked first globally for many years.
Daily active accounts exceed one million.
The scale of on-chain stablecoins is close to the forefront of the entire network.
Why is this related to JUST?
Because as long as it is a 'high-frequency chain' with a large number of transactions, it will bring:
Higher energy demand
More staking behavior
Larger lending scale
Stronger real on-chain cash flow
All of these converge in one place: JustLend DAO. Ultimately, through buybacks and destruction, it is transmitted to: the long-term value of JST.
The more prosperous TRON is, the more JUST benefits; The more JUST grows, the scarcer JST becomes. They are not parallel relationships but are strongly bound relationships.
Whether an ecosystem can grow large depends on whether a "value loop" can be formed between on-chain protocols. The JUST ecosystem has already completed this loop. Look at this path:
Staking TRX → sTRX generates returns
sTRX as collateral enters the lending system
Lending activities drive more active fund pool interest rates
Lending demand drives energy leasing, USDD, and liquidity pools
These activities contribute to protocol revenue → buyback JST → burn
This link runs smoothly, forming a positive cycle:
The more the ecosystem is used → the greater the protocol revenue → the stronger the burn → the more valuable the assets.
This is not a slogan; it is a structured change that occurs daily in on-chain data.
When an ecosystem begins to enter "recursive growth," its token structure often undergoes revaluation.
Most tokens in the crypto market lack one key thing: they do not represent any actual rights. Whether a project is popular or how many users it has, many token prices are determined by "following the feeling". But JST is completely different.
Its value does not depend on emotions; instead, it is tied to protocol revenue—derived from lending interest spreads, sTRX earnings, energy leasing markets, and other real usage scenarios. Every time the protocol generates revenue, it ultimately flows to: buyback → destruction → reduction of circulation.
This means
You are not buying an "emotion token"
What you receive is the "right to claim future cash flows from on-chain income"
The longer you hold, the stronger the accumulation of value
This is precisely why the market focuses on price fluctuations every day, while long-term users only pay attention to one thing: the rate of increase in destruction volume and ecological revenue.
True value has always come from cash flow, and JST possesses this.
If you look closely, you will find that TRON's energy demand is actually a "on-chain consumer goods market":
Minting NFTs requires energy
Operating contracts requires energy
Deploying projects requires energy
Platform operation requires energy
This forms a long-term and essential "on-chain oil price market".
What JustLend DAO does is to organize the originally chaotic energy supply and demand into a transparent, standardized, and automatically executed leasing market.
This may seem simple, but it has significant meaning:
Lower costs for project parties
Predictable operating costs for users
TRX → sTRX forms stable demand
JST gains value support from the leasing market
Energy leasing will become the most fundamental "on-chain energy system" of TRON, maintaining long-term demand like fuel.
In the past, users staked TRX with only one goal: to earn profits.
However, with the changes in the TRON ecosystem structure, the role of sTRX has transformed. It has gradually become a type of "ecological access asset":
Can be used as high-level collateral
Can be used to participate in protocol governance
Can serve as a source of stable income
Can earn secondary income in certain DeFi
Can form combination strategies with energy leasing
In other words, sTRX is transitioning from a "profit tool" to an "ecological participation tool".
Why is this important? Because when an asset has ecological necessity, its value ceiling is not the annualized yield but the scale of the ecosystem.
The scale of TRON's ecosystem is growing, and the demand for sTRX is naturally growing faster.
Most projects' deflation relies on unstable and unhealthy methods like "transaction tax" and "fee burning". Once market enthusiasm declines, deflation comes to a halt.
However, JST's deflation has several unique points:
Sustainability is supported by DAO income, rather than speculation.
Scale naturally grows with ecological development, not artificially adjusted tax rates.
Destruction actions are verifiable on-chain, transparent, and traceable.
The funds for destruction come from real demand (lending, staking, energy leasing).
In other words, it does not achieve deflation by "creating pain points," but rather by "contributing deflation through ecological growth."
This deflation mechanism is currently the healthiest, least dependent on emotions, and easiest to form long-term value accumulation among mainstream projects.
This is also the reason why JST is structurally undervalued.
You can now casually open any high-frequency application of TRON, whether you want to stake TRX, borrow stablecoins, or rent energy, essentially almost all liquidity flows from one place—in JustLend DAO.
It has already become the "on-chain financial reservoir" of TRON.
Many people regard JustLend DAO as a "lending application," but this positioning is actually far from accurate; it is more like the financial infrastructure of the entire ecosystem:
TRX staking becomes standardized asset sTRX
Energy rental service for all contract users on-chain
$USDD and interest rate adjustments for stable assets
JST value anchoring DAO earnings
Center for guiding the flow of funds across the entire ecosystem
You will find: it is not an APP, but a set of underlying liquidity logic that "connects the entire TRON economic system." Understanding this, your perspective on JST will be completely different.
If we consider the growth of the JUST ecosystem as a slow but steadily rising curve, then the repurchase and destruction of JST is actually cashing in on future value in advance.
Many people focus on "how much was destroyed today," but overlook the truly important things—the sustainability, rhythm of destruction, and the ecological cash flow capability represented behind it.
The repurchase funds do not come from nowhere; they originate from protocol revenue, real on-chain demand, and a stable cash flow constituted by user behavior. Once this cash flow begins to be converted into destruction actions in a periodic and programmatic manner, this sustainability is equivalent to installing a long-term value "accelerator" for JST.
It may not be obvious in the short term, but time will tell you:
Continuous destruction → Decrease in supply → Accumulation of pressure for the unit token value to rise → Coin price suddenly rebounds in a certain range.
And we are currently in the "accumulation phase." This is precisely the opportunity to get on board.
The early days of DeFi relied heavily on high APR to attract users, but this model is not sustainable. Now users are increasingly valuing 'Real Yield,' and the JUST ecosystem happens to have a natural advantage in this direction. The core of real yield is: Income comes from genuine demand, not token subsidies.
The sources of income for JustLend DAO include: Borrowing interest
Energy leasing income
Some income from collateral and proactive liquidation-related systems
TRX staking income (partially flowing back to the ecosystem)
This income is all 'naturally generated by the ecosystem,' not subsidized by printing additional tokens. When income is real, continuous, and transparent, it brings two benefits:
The ecosystem can sustain itself
The value capture of JST has more long-term support This means that the growth of JUST is not driven by speculation, but by the activities of the ecosystem itself. This model is highly valued in the current DeFi landscape and is more likely to gain recognition from long-term funds.
The early days of DeFi relied heavily on high APR to attract users, but this model is not sustainable. Now users are increasingly valuing 'Real Yield,' and the JUST ecosystem happens to have a natural advantage in this direction. The core of real yield is: Income comes from genuine demand, not token subsidies.
The sources of income for JustLend DAO include: Borrowing interest
Energy leasing income
Some income from collateral and proactive liquidation-related systems
TRX staking income (partially flowing back to the ecosystem)
This income is all 'naturally generated by the ecosystem,' not subsidized by printing additional tokens. When income is real, continuous, and transparent, it brings two benefits:
The ecosystem can sustain itself
The value capture of JST has more long-term support This means that the growth of JUST is not driven by speculation, but by the activities of the ecosystem itself. This model is highly valued in the current DeFi landscape and is more likely to gain recognition from long-term funds.
The market generally understands JustLend DAO as "TRON's lending protocol."\nBut if you break down the asset list, interest rate model, and lending demand, you will find that it is essentially an "ecological liquidity hub."\nThe assets it supports cover:\n\nMain asset TRX\n\nStablecoins (USDT, USDD)\n\nBlue-chip assets (SUN, WIN, etc.)\n\nEcological tokens\n\nVarious types of jToken, derivative assets\n\nThis means:\nJustLend DAO is the "value flow entrance" for all assets,\nwhether borrowing or lending, it is the center of the entire ecosystem.\n\nThe effects of asset diversity include:\nMore users will be attracted to enter the ecosystem\nLending demand has a real basis\n\nBetter reflects the economic vitality of the entire TRON network\n\nRevenue sources are more diverse\n\nThe value capture of JST is more solid\n\nThe more diverse the lending market of assets, the better it can bear the role of the ecosystem's "liquidity bus."\nAnd JustLend DAO is taking on this role.\n\n@TRON DAO @justinsuntron #TronEcoStar #TRON @JUST DAO
A complete on-chain ecosystem must have its own 'value anchor point'. The TRON ecosystem has USDD and also long-term supports USDJ, and both of these are inseparable from the stablecoin system of JUST. Why are stablecoins important? Because all on-chain activities ultimately return to one question: How is value measured?
The role of the stablecoin system is to: Provide a stable unit of account for lending Provide clear risk boundaries for liquidation
Provide a foundation for payments without volatility
Provide a stable reference standard for returns
The stablecoin mechanism of JUST does not rely on overly complex structures, but instead allows the system to operate robustly through over-collateralization, stable rates, risk management, and incentive mechanisms.
These stablecoin tools, in turn, enhance the robustness of JustLend DAO, making interest rates in the lending market more predictable and risks more controllable.
The more stable the stablecoin, the more stable the ecosystem; The more stable the ecosystem, the stronger the value anchor point of JST.
This is one of the important reasons why JUST can maintain its growth ability in the long term.
A complete on-chain ecosystem must have its own 'value anchor point'. The TRON ecosystem has USDD and also long-term supports USDJ, and both of these are inseparable from the stablecoin system of JUST. Why are stablecoins important? Because all on-chain activities ultimately return to one question: How is value measured?
The role of the stablecoin system is to: Provide a stable unit of account for lending Provide clear risk boundaries for liquidation
Provide a foundation for payments without volatility
Provide a stable reference standard for returns
The stablecoin mechanism of JUST does not rely on overly complex structures, but instead allows the system to operate robustly through over-collateralization, stable rates, risk management, and incentive mechanisms.
These stablecoin tools, in turn, enhance the robustness of JustLend DAO, making interest rates in the lending market more predictable and risks more controllable.
The more stable the stablecoin, the more stable the ecosystem; The more stable the ecosystem, the stronger the value anchor point of JST.
This is one of the important reasons why JUST can maintain its growth ability in the long term.
The governance of JUST is not "formalized governance," but rather a core force that genuinely participates in the ecological operation.
The content of governance includes:
Asset onboarding and offboarding
Adjustment of interest rate models
Adjustment of risk parameters
Rhythm of incentive distribution
Proposals related to buyback and destruction
Funding approval of Grants DAO
These determine the entire ecosystem's risk appetite, expansion speed, and income flow. They also determine whether the value of JST itself can truly be recovered and supported. Another value of the DAO lies in transparency. All decisions are public, discussions are public, and execution is public, which gives the JUST ecosystem a clear feedback loop:
Community decision-making → Parameter adjustment → Ecological changes → Data feedback → New decisions This loop itself is a hallmark of mature DeFi protocols. The role of JST thus becomes more long-term in nature: It is not only a voting right but also the connection point for governance rights and asset value in the ecosystem.
As the ecosystem grows larger and the parameters become more complex, the importance of governance rights increases. The value of JST will also enhance as the demand for governance rights increases.