ZERO-SLIPPAGE CONVERSION REDUCES THE FRICTION BETWEEN USDT AND USDD
One of the notable features of TRON DeFi Summer S3 is the ability to convert USDT into USDD through the PSM module at a 1:1 ratio with zero slippage.
For stablecoin users, conversion friction can be just as important as headline yield. A predictable 1:1 mechanism makes the transition between two dollar-denominated assets easier to understand and potentially easier to execute.
This also creates a direct liquidity bridge between USDT, one of the largest stablecoins in the TRON ecosystem, and USDD.
Once converted, USDD can be deployed into the eligible JustLend campaign, where users can access the applicable base APY and participate in the 600,000 USDD reward pool.
The larger idea is composability.
A stablecoin can move from one liquidity environment into another without leaving the broader blockchain ecosystem. Conversion, lending, collateralization and rewards can become connected steps within a single DeFi workflow.
S3 therefore highlights an important aspect of stablecoin infrastructure: the easier it becomes to move between assets and applications, the more interconnected the onchain liquidity layer becomes.
@Justin Sun孙宇晨 @USDD - Decentralized USD #TRONEcoStar
One of the notable features of TRON DeFi Summer S3 is the ability to convert USDT into USDD through the PSM module at a 1:1 ratio with zero slippage.
For stablecoin users, conversion friction can be just as important as headline yield. A predictable 1:1 mechanism makes the transition between two dollar-denominated assets easier to understand and potentially easier to execute.
This also creates a direct liquidity bridge between USDT, one of the largest stablecoins in the TRON ecosystem, and USDD.
Once converted, USDD can be deployed into the eligible JustLend campaign, where users can access the applicable base APY and participate in the 600,000 USDD reward pool.
The larger idea is composability.
A stablecoin can move from one liquidity environment into another without leaving the broader blockchain ecosystem. Conversion, lending, collateralization and rewards can become connected steps within a single DeFi workflow.
S3 therefore highlights an important aspect of stablecoin infrastructure: the easier it becomes to move between assets and applications, the more interconnected the onchain liquidity layer becomes.
@Justin Sun孙宇晨 @USDD - Decentralized USD #TRONEcoStar
