TRON currently has around $89.4B in stablecoins, with USDT making up almost 98% of that supply. On top of that, JustLend is already the main lending venue on TRON, with around $3.32B in TVL.
The TRON DeFi Summer campaign is a great opportunity to put those stables to work.
The campaign is built around $4.5m in total incentives. The best ones to starts IMO are:
→ $300K in TRX rewards for eligible deposits or promoted Vault subscriptions through Binance Wallet
→ $600K USDD reward pool for users who supply USDD to JustLend DAO
The path to join is pretty easy:
Log into Binance Wallet → go to DeFi → then Protocols → click JustLend DAO → choose USDD
If you supply USDD to JustLend DAO, you earn the base APR and become eligible for the USDD reward pool.
And if you do not already have USDD, you can convert into it from other stables through the supported zero-slippage route.
There is an advanced looping route too, where experienced users borrow against supplied assets and redeposit to improve capital efficiency. That can increase yield exposure, but it also adds leverage and liquidation risk.
Get full details & instructions HERE.
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