The Official Guide on USDD Mining — Decentralized Algorithmic Stablecoin on TRON

USDD
3 min readMay 5, 2022

The TRON-based decentralized algorithmic stablecoin USDD (Decentralized USD) is live today, embarking on the Stablecoin 3.0 era on TRON.

Launched by TRON DAO and other major blockchain players, USDD is the most decentralized stablecoin in human history, aiming to make finance accessible to all by applying mathematics and algorithms. It will exist permanently without relying on any centralized entity.

Evolving from the Stablecoin 1.0 and 2.0 eras represented by Omni-based and TRON-based USDTs, blockchain is now ushering in the Stablecoin 3.0 era led by TRON’s USDD. Censorship resistance and free entry barriers help USDD fully ensure that private properties are inviolable. USDD also sets itself apart from its peers in the industry with its low volatility and attributes to retain and increase the value of assets in the face of turbulence.

I. Contract Address

USDD on TRON has been issued today and entered into circulation. It is available on Ethereum and BNBChain through the BTTC cross-chain protocol. Major institutions in the blockchain space are welcome to support the USDD issued on TRON, Ethereum, and BNBChain.

Addresses of USDD on different blockchains are as follows:

TRON

TRC20-USDD: TPYmHEhy5n8TCEfYGqW2rPxsghSfzghPDn

https://tronscan.org/#/token20/TPYmHEhy5n8TCEfYGqW2rPxsghSfzghPDn

BNBChain

BEP20-USDD: 0xd17479997f34dd9156deef8f95a52d81d265be9c

https://bscscan.com/token/0xd17479997f34dd9156deef8f95a52d81d265be9c

Ethereum

ERC20-USDD: 0x0C10bF8FcB7Bf5412187A595ab97a3609160b5c6

https://etherscan.io/token/0x0C10bF8FcB7Bf5412187A595ab97a3609160b5c6

II. How to get USDD?

You can now visit the DeFi platforms on TRON, BNBChain, and Ethereum to swap for USDD.

Blockchains and DEX platforms supported are as follows:

1. TRON

SunSwap(https://sunswap.com): USDD/TRX,USDD/USDT,USDC-USDD, TUSD-USDD

2. BNBChain

PancakeSwap(https://pancakeswap.finance/): USDD/BUSD,USDD/USDT,

Ellipsis Finance(EPS:https://ellipsis.finance): USDD/BUSD, USDD/USDT,USDD/USDC

3. Ethereum

Uniswap(https://app.uniswap.org/#/swap?chain=mainnet): USDD/USDC,USDD/USDT

Curve(https://curve.fi/): USDD/USDC,USDD/USDT

For example, you can swap TRX or USDT for USDD on SunSwap. In the future, USDD will be available on more major exchanges and wallets worldwide. Please stay tuned!

III. How to participate in USDD mining

USDD mining is live on two types of mining platforms. One is the designated mining platform, respectively SunSwap/Sun.io/JustLend, and Poloniex as the centralized platform. The designated platform collaborates with TRON DAO Reserve, which can guarantee a maximum profit of 30% APR. The second type is cooperative mining, with the interest rate for returns jointly supported by TRON DAO Reserve and will fluctuate around 30% APR. TRON DAO Reserve will do its best to ensure a stable interest rate for cooperative mining returns.

Now, Ellipsis (EPS) and SunSwap are the first to support USDD mining.

Ellipsis officially launched the USDD-3EPS mining pool at 8:00 a.m. (GMT+8) May 5, and offers an APR of 23–59% on BNBChain.

Liquidity pools of USDD-TRX and USDD-USDT on TRON-based SunSwap support stake-mining at 23:30 (GMT+8) on May 5, offering up to 30% mining rewards.

You can also deposit USDD on the TRON-based decentralized lending platform JustLend for a fixed 30% APR. This campaign is starting on May 12.

Mining platforms like the BNBChain-based PancakeSwap and Ethereum-based Uniswap and Curve will soon support USDD mining. Please stay tuned!

The roadmap of the TRON-based decentralized algorithmic stablecoin USDD consists of four stages — 1.0 Space, 2.0 ISS, 3.0 Moon, and 4.0 Mars — echoing humanity’s and TRON’s efforts in future space exploration. Our end goal is to make equitable access to financial services a fundamental human right. In time, financial services will become a necessity, like water and air, accessible to people worldwide.

With USDD, financial freedom is no longer a distant dream but an emerging reality.

Email:

If you would like to support the USDD protocol, please contact us at contact@usdd.io

Learn more about USDD

Website: https://usdd.io

Twitter@usddio: https://twitter.com/usddio

Weibo @USDD stablecoin: https://weibo.com/u/6160888710

Telegram: https://t.me/usddio

Telegram announcement: https://t.me/usdd_announcement

Discord: https://discord.com/invite/usdd

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USDD

USDD is the first over-collateralized decentralized stablecoin transparent and fully backed by mainstream digital assets at all times.