Dear users,
We are pleased to announce the launch of an upgraded USDD (V2.0) Supply Mining Activity I at 20:00:00 (Singapore Time) on Feb 1, 2025. The new USDD (V2.0) Supply Mining Activity offers an exclusive APY (APY without leverage) of 20% around and will be adjusted regularly based on the market situation.
Mining Phase
The 1st phase of JustLend DAO USDD (V2.0) mining activity will start at 20:00:00 Feb 1, 2025 (Singapore time) and each mining phase lasts 4 weeks.
Time: Feb 1, 2025 20:00:00 (Singapore time) - Mar 1, 2025 19:59:59 (Singapore time)
Reward Distribution Strategy
The mining rewards for the past 4 weeks will be distributed once in the next week, for example, all the rewards generated between Feb 1, 2025, 20:00:00 - Mar 1, 2025, 19:59:59 will be distributed on Mar 3, and so on.
Mining Rules
Miners who supply USDD (V2.0) on JustLend DAO will gain additional USDD mining rewards in addition to the supply interest. To ensure the stability of the USDD (V2.0) market and protect investors' assets, the APY for the USDD (V2.0) supply mining will be dynamically adjusted on a daily basis, based on real-time data. While the APY may fluctuate due to changes in supply and withdrawal activities, we are committed to maintaining the APY around 20%. At the same time, inventors please pay attention to leverage risks and jointly maintain the stable and healthy development of the USDD (V2.0) market.
USDD (V2.0) is based on security, transparency, and stability. It integrates secure liquidation, dynamic collateral adjustments, and advanced risk management to maintain its 1:1 peg to the US dollar. With over-collateralization and community-driven governance, users retain full control of their assets within a transparent and auditable system. At present, USDD perfectly circulates on TRON, Ethereum, BSC, and other networks via the cross-chain protocol BitTorrent Chain.
APY Explanation
APY (Annual Percentage Yield) measures the return users can earn in a year. Initially, TRON DAO will provide a subsidy of up to 20%, but over time, the system's governance mechanism will adjust the rate based on market conditions and the overall health of the USDD ecosystem. As a result, the APY is not fixed and will fluctuate dynamically according to market changes.
The APY of USDD supply mining activity is calculated based on the investors' net supply (total Supply - total Borrow). For instance, if you supply 100k USDD and borrow 20k USDD, your mining rewards will be calculated based on the remaining 80k of net supply. Meanwhile, based on the latest updates from the USDD community, the calculation method for supply mining reward will be upgraded in the near future. The amount of USDD borrowed will no longer be deducted when calculating APY. Please stay tuned for further announcements regarding these changes.
Tiered Yield Distribution
There will be 4 tiers for the USDD staking campaign. Applying different yield tiers promotes USDD’s wider adoption while enhancing market liquidity.
| Tier | USDD Deposit Amount | Earn APY |
| T1 | 0 - 300M USDD | 20% |
| T2 | 300M - 450M USDD | 20% - 6% |
| T3 | 450M - 600M USDD | 6% - 5% |
| T4 | Above 600M USDD | 5% |
*T2 and T3 decrease linearly, while T1 and T4 remain constant.
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.
Thank you for your support!
USDD Team and JustLend DAO
Feb 1, 2025 (Singapore time)