Dear users,
The JustLend DAO will launch a new USDD Market Supply Mining activity at 21:00:00 (Singapore Time) on Oct 6, 2024. This initiative is a collaborative effort between GrantsDAO, a subDAO of JustLend DAO, and the TRON DAO Reserve. This new activity marks a significant step in our commitment to innovation and diversification, with both parties dedicated to advancing new strategies to enhance the development of JustLend DAO and provide users with more efficient services and more stable returns.
Mining Phase
The 1st phase of JustLend DAO new USDD mining activity will start at 21:00:00 Oct 6, 2024 (Singapore time) and each mining phase lasts for 4 weeks.
Time: Oct 6, 2024 21:00:00 (Singapore time) - Nov 3, 2024 20:59:59 (Singapore time)
Mining Rules
Miners who supply USDD on JustLend DAO will gain additional USDD mining rewards in addition to the supply interest. To maintain the stability of the USDD market and ensure the safety of investors' assets, the GrantsDAO will periodically adjust the rewards of the USDD supply mining based on market situation and provide competitive returns.
USDD is an over-collateralized decentralized stablecoin, which is issued and custodied by TRON DAO Reserve, it is secured by the over-collateralization of multiple mainstream digital assets (e.g. TRX, BTC, USDT, USDC, and so on). At present, USDD perfectly circulates on TRON, Ethereum, BSC, and other networks via the cross-chain protocol BitTorrent Chain. Learn more about USDD at https://usdd.io.
Thank you for your support!
JustLend DAO
Oct 6, 2024 (Singapore time)