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

Dear users,

We are pleased to announce the launch of USDD (V2.0) Supply Mining Activity III at 20:00:00 (Singapore Time) on Mar 29, 2025. The USDD (V2.0) Supply Mining Activity III offers an APY of 8% around and will be adjusted regularly based on the market situation. Welcome to join the mining activity and earn high returns.

Supply Mining Rules

Mining Phase

The 3rd phase of JustLend DAO USDD (V2.0) mining activity will start at 20:00:00 Mar 29, 2025 (Singapore time) and each mining phase lasts four weeks.

Time: Mar 29, 2025 20:00:00 (Singapore time) - Apr 26, 2025 19:59:59 (Singapore time).

Reward Distribution Strategy

The mining rewards will be distributed weekly, with each week's rewards calculated based on the activity from the previous week. The distribution details are 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 8%. 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 8%, 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' total supply, without deducting the amount of USDD borrowed. 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 pay attention to 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 29, 2025 (Singapore time)