Tron | ForkLog

ForkLog 17 14.06.2022

Upbit warns of risks tied to algorithmic stablecoins USDN and USDD

The South Korean exchange Upbit warned of price volatility risks for WAVES and TRON (TRX) due to the loss of the dollar peg by the algorithmic stablecoins Neutrino USD (USDN) and USDD.

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ForkLog 11 13.06.2022

Analysts unsettled by activity around the stablecoin USDD

The hedge fund Oapital, which profited from the collapse of UST from Terra, began making large transfers into USDD and other stablecoins. This drew the attention of analysts at Nansen.

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ForkLog 31 13.06.2022

Algorithmic stablecoin USDD briefly lost its peg to the US dollar

On Monday, June 13, the algorithmic stablecoin USDD from Tron briefly lost its peg to the US dollar and fell to $0.97.

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ForkLog 16 06.06.2022

TRON refines USDD into an overcollateralised stablecoin

The TRON team intends to support the {{AOPEN_1}}overcollateralisation{{ACLOSE_1}} of the algorithmic stablecoin USDD to avoid a crash like TerraUSD. The project's founder, Justin Sun, told Bloomberg.

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ForkLog 21 02.06.2022

Justin Sun explains TRON’s USDD collateral model

The TRON team has learned lessons from {{AOPEN_1}}the Terra ecosystem collapse{{ACLOSE_1}}, so the algorithmic stablecoin USDD will not repeat the fate of its predecessor.

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ForkLog 14 31.05.2022

TRON’s DeFi ecosystem grows 48% in the past month

TRON's ecosystem of decentralized applications ranks third in the DeFi Llama chart. Its TVL over the month rose by more than 48%.

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ForkLog 19 15.05.2022

Justin Sun: TRON will not abandon its algorithmic stablecoin USDD

The TRON ecosystem will not abandon the algorithmic stablecoin USDD, despite the collapse of UST and LUNA. TRON founder Justin Sun said that Terraform Labs' product was undermined by overly rapid growth and the lack of sufficient funds in the reserve.

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ForkLog 11 11.05.2022

Justin Sun to earmark $2bn to safeguard USDD’s peg

Justin Sun spotted signs of an impending attack on the algorithmic stablecoin USDD, launched on the TRON network in May.

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ForkLog 14 10.05.2022

TRON DAO Reserve Buys Bitcoin and TRON Tokens Worth $61 Million to Back USDD

The TRON DAO Reserve has purchased Bitcoin and TRON tokens to back the algorithmic stablecoin USDD.

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ForkLog 20 05.05.2022

Algorithmic stablecoin USDD launches on the TRON network

On May 5, the TRON network released and put into circulation the algorithmic stablecoin USDD. The asset is also available on Ethereum and BNB Chain via the cross-chain protocol BTTC.

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ForkLog 35 22.04.2022

TRON to launch algorithmic stablecoin USDD

On May 5, Tron developers will launch the algorithmic stablecoin USDD backed by a native TRX token and the equivalent of $10 billion in highly liquid assets, according to Justin Sun, head of the Tron Foundation.

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ForkLog 24 17.12.2021

Justin Sun to leave TRON Foundation and become Grenada’s WTO representative

TRON founder Justin Sun announced that he would leave the TRON Foundation and take up the post of Grenada's representative to the World Trade Organization.

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