Announcement on Launching the USDD V2.0 Market Supply Mining Activity II

Dear users,

We are pleased to announce the launch of an updated USDD (V2.0) Supply Mining Activity II at 20:00:00 (Singapore Time) on Mar 1, 2025. The USDD (V2.0) Supply Mining Activity II still offers an APY of 12% around and will be adjusted regularly based on the market situation. Meanwhile, starting from this mining activity, the mining reward distribution will be changed to once a week, and the APY calculation rules will also be updated. For detailed information, please refer to the full content below.

Supply Mining Rules

Mining Phase

The 2nd phase of JustLend DAO USDD (V2.0) mining activity will start at 20:00:00 Mar 1, 2025 (Singapore time) and each mining phase lasts four weeks.

Time: Mar 1, 2025 20:00:00 (Singapore time) - Mar 29, 2025 19:59:59 (Singapore time).

Reward Distribution Strategy

Starting from Mining Activity II, the mining rewards will be distributed on a weekly basis. The reward for each week will be calculated based on the activity from the previous week, and will be distributed as follows:

* Please be aware that if any mining reward distribution encounters an issue, leading to a delay in the reward issuance time, all subsequent reward distributions will also be delayed.

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 Net TVL 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 12%. 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.

APY Explanation

APY (Annual Percentage Yield) measures the return users can earn in a year. The TRON DAO will provide a subsidy of up to 12%, 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. 

Starting from this mining activity, the amount of USDD borrowed will no longer be deducted when calculating APY. The APY of USDD supply mining activity is calculated based on the investors' total supply. For instance, if you supply 100k USDD and borrow 20k USDD, your mining rewards will be calculated based on the 100k total supply. Meanwhile, based on market demand, the APY calculation rules may be subject to further adjustments. Please stay tuned for further announcements.

Tiered Yield Distribution

The APY (Annual Percentage Yield) for USDD deposits will be dynamic and vary based on the deposit amount, structured across four distinct levels. This tiered yield system is designed to encourage the broader adoption of USDD, while simultaneously enhancing market liquidity.

Thank you for your support!

USDD Team and JustLend DAO

Mar 1, 2025 (Singapore time)