USDD launches TRON DeFi Summer with $300,000 TRX airdrops and 600,000 USDD rewards

The campaign has drawn more than $100 million in net inflows within 48 hours, lifting USDD total value locked on JustLend above $400 million as rewards run through Aug. 5.

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USDD

Summary

USDD said its TRON DeFi Summer campaign attracted more than $100 million in net inflows within 48 hours of launching on July 6, pushing USDD total value locked on JustLend above $400 million. The initiative, run with JustLend DAO and Binance Wallet through Aug. 5 at 07:59 Singapore time, offers $900,000 in rewards, including a 600,000 USDD prize pool. Earlier campaign details also included $300,000 in TRX airdrops for Binance Wallet tasks, JustLend DAO subscriptions and gas-fee subsidies, as USDD seeks to drive liquidity and user activity across the TRON decentralized finance ecosystem.

Terms & Concepts
  • total value locked: The total amount of assets deposited in a decentralized finance protocol or product.
  • JustLend: A TRON-based decentralized lending platform.
  • net inflows: The amount of new capital entering a product or platform after subtracting outflows.