TRON Ecosystem Expands with Launch of USDD’s sTRX Vault

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On April 15, the USDD team introduced the sTRX Vault minting feature, offering TRON users a new way to manage their staking assets.

The launch is accompanied by a limited-time promotion aimed at encouraging user participation through reduced minting costs, gas fee subsidies, and additional staking incentives.

TRON Ecosystem Expands with Launch of USDD’s sTRX Vault

How the sTRX Vault Works

The new sTRX Vault integrates with JustLend DAO’s existing staking system. Users who stake TRX through JustLend DAO receive sTRX, a yield-bearing token that represents their staked assets. This setup allows users to retain liquidity while earning staking rewards, which are currently reported at around 9% APY.

The sTRX Vault enables users to use sTRX as collateral to mint USDD, a decentralized stablecoin. Minted USDD can then be staked across partner platforms, including JustLend DAO, for additional yields. By combining TRX staking and USDD minting strategies, users can access multiple sources of potential returns within the TRON DeFi ecosystem.

Limited-Time Campaign Details

To encourage adoption of the new vault feature, USDD has launched a 30-day campaign running from April 15 to May 15, 2025. The promotion includes:

  • Reduced Stability Fees: Stability fees for minting USDD are set at 0.5% for TRX-A, TRX-B, and TRX-C Vaults, and 1% for the sTRX Vault.
  • Gas Fee Subsidies: The first 50 users who mint USDD using TRX or sTRX Vaults and maintain their positions for at least seven days will qualify for a 640 JST gas fee rebate.
  • Staking Incentives: Minted USDD can be staked for varying returns, ranging between 8% and 20% APY, depending on the platform and staking conditions.

USDD has also partnered with JustLend DAO to organize a TaskOn campaign during the same period. Participants completing specific tasks and passing a quiz can share a 500 USDD prize pool. This campaign is designed to educate users about the new Vault functionality while promoting broader engagement within the TRON DeFi ecosystem.

Expanding Opportunities within TRON DeFi

The launch of the sTRX Vault is part of broader efforts to expand DeFi options within the TRON network. By allowing users to utilize their staked assets for additional activities such as minting and staking stablecoins, the initiative seeks to provide flexible strategies for asset management.

While promotional campaigns offer incentives for early users, participants are encouraged to understand the associated risks with leveraging DeFi products, including exposure to market volatility and smart contract vulnerabilities.

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