Dear users,
The stUSDT platform has started to support TUSD staking on August 14, 2023 (Singapore time). (Currently, TUSD staking is only supported on the TRON network, and TUSD staking on the Ethereum network will be supported in future versions. Please stay tuned for further announcements.)
With the new feature in effect, users can stake TUSD and/or USDT to get stUSDT, receiving rewards via the Rebase mechanism. Users can also deposit stUSDT into Wrapper contracts to get wstUSDT for usage across DeFi protocols based on stable-balance tokens, including lending, borrowing, and decentralized exchanges (DEXs).
By supporting TUSD staking, users can make better use of the platform's resources and optimize their RWA investment strategy to earn higher rewards, leveraging multiple stablecoins while reducing reliance on a single stablecoin.
Note: At the moment, users are able to claim their assets in the form of USDT, however, future versions will allow users to claim their assets in TUSD. Please stay tuned for future announcements.
The stUSDT platform will maintain its focus on market trends and user demands, constantly enhancing and optimizing platform capabilities, and further exploring investment opportunities to provide users with flexibility and diversification. We welcome you to experience it.
Please check out the stUSDT official website and official Twitter account for more information on stUSDT.
Thank you for your support!
stUSDT Team
August 14, 2023 (Singapore time)