USDD Vault TVL Tops $7M, Final Week for Crypto Incentives

The decentralized finance (DeFi) ecosystem is constantly developing new models to help users optimize capital efficiency. In this context, products that allow users to both collateralize an asset and earn yield on that same collateral are attracting significant attention. Recently, River Protocol announced a major milestone, showcasing the appeal of this model within the TRON ecosystem.

According to an official announcement on July 11th, the Total Value Locked (TVL) of the USDD sTRX-A Vault has officially surpassed the $7 million mark. This growth is attributed to the market's recognition of the "collateral minting plus collateral earning" (dual yield) strategy, an innovative financial model.

Specifically, users can deposit yield-bearing assets like sTRX (Staked TRON) into the Vault. They can then mint the stablecoin USDD to use for other purposes, while their underlying sTRX asset continues to receive staking yield from the TRON network. This "dual yield" model helps to maximize capital efficiency for investors.

1. Final Chance for Low-Fee Promotion

The excitement around the USDD Vaults has been further fueled by the third phase of a special promotional period, which is currently very active. However, users should note that this event is now in its final week, with a deadline of 16:00 Beijing time (4:00 AM ET) on July 15th.

During the event, users can enjoy extremely low stability fees:

Only 1% for the sTRX Vault.

Even lower, just 0.5% for the TRX-A / TRX-B / TRX-C Vaults.

This is a rare opportunity for users to mint USDD at a minimal cost, thereby maximizing the profits from their DeFi strategies.

Additionally, to encourage community engagement, the project is also hosting the #VaultExplain creative contest. Users can create content like emojis or short videos to explain how the Vault mechanism works on social media platforms for a chance to share a 500 USDD prize pool.

With the TVL continuing to grow and the attractive incentive program about to end, this is seen as a critical time for the crypto community to interact with and take advantage of the benefits offered by the River Protocol's USDD Vault ecosystem.