TRON DeFi Summer officially begins, with a total prize pool of $900,000

Odaily reported on July 6th that decentralized stablecoin USDD has announced the official start of the TRON DeFi Summer. In collaboration with Binance Wallet and JustLend DAO, it has also launched a Summer Yield Plan. The event runs from now until August 5th at 07:59 (Singapore Time), and participating users can share a total reward of $900,000.

Specifically, users who complete designated deposits or subscribe to designated vault assets via Binance Wallet can share an exclusive airdrop of TRX valued at $300,000. By subscribing to USDD through JustLend DAO, users can not only enjoy the base APY but also participate in sharing a prize pool of 600,000 USDD.

It is reported that the official has released a beginner tutorial and offered a full gas fee subsidy for the event to encourage user participation. The current total yield is approximately 14.27%.