JustLend and the TRON DAO Reserve have formed a strategic partnership to expand TRON's DeFi business and promote a healthy and s
06 Jul 2022, 12:19
JustLend and the TRON DAO Reserve have formed a strategic partnership to expand TRON’s DeFi business and promote a healthy and sustainable TRON ecosystem.
JustLend will distribute supply mining rewards in USDD, which is issued and managed by the TRON DAO Reserve, and cease to distribute JST as mining rewards. USDD is the safest decentralized stablecoin available in the market, so such an upgrade will effectively reduce the risk of market fluctuation and thus protect users’ interests. As a stablecoin circulating on multiple chains, USDD can meet users’ diverse needs, enabling them to transfer assets cross-chain smoothly.
Moreover, while enjoying high, stable mining returns on JustLend, users may use the USDD obtained to participate in USDD mining on SUN.io for higher returns. This gives them a chance to optimize their asset portfolio and increase the value of their holdings through staking and circulation.