First JUST Foundation Airdrop Scheduled For May 20th: Justin Sun

Justin Sun just scheduled the first JUST foundation airdrop for May 2020 this year where 217,800,000 JUST will be given away. The quantity delivered in the airdrop represents 2.2% of the total supply and the token will be delivered every month for the next two years.

Tron’s CEO Justin Sun announced the first JUST foundation airdrop on Twitter. The TRX holders are the only ones that will be able to claim free JST tokens and the events will take place for the next two and a half years, each month. The airdrop will be different from the ones till the date and the JUST foundation will deliver 237,600,000 in the following 12 months which corresponds to 2.2% of the total supply of the coins.

Starting in June next year, for the next 12 months, the Just foundation will give away 257,400,000 JST which is about 2.6% of the total supply. Finally, in June 2022 the JUST foundation will give away 277,200,000 JST which is 2.8% of the total supply. The JST tokens will be sent on multiple addresses that run on the TRON blockchain and also have a bigger balance or equal to 100 TRX. It may take up to 72 hours to receive the tokens and the foundation recommended that:

‘’ (…) you may want to connect with the customer support service of the exchanges & wallets supporting our airdrop program where your TRX are stored if you have any questions. Airdrops will be automatically distributed to the TRON (TRX) holders, regardless of whether TRX are frozen.’’

The JUST foundation clarified that they can consider changing the terms of airdrop at any time in the future. They also recommend all of the exchanges to start trading the tokens as soon as possible. JUST is a TRON-based platform with a stablecoin. The platform was announced back in April this year and since the launch, the platform got a lot of criticism by the crypto community for copying the Ethereum-based lending platform MakerDAO (MKR).

Tron’s TRX coin is trading at $0.012 at the time of writing with a 1 percent drop in the past 24 hours. The charts of the coin show a 6.06% loss while the monthly charts show a 21 percent gain.