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MYR
MYR
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MYR
MYR
MYR
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OMR
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OMR
OMR
OMR
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PAB
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PAB
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PAB
PAB
PAB
PAB
PAB
PAB
PAB
PAB
PEN
PEN
PEN
PEN
PAB
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PEN
PEN
PEN
PEN
PEN
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PHP
PHP
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PHP
PHP
PHP
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RUB
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RUB
RUB
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RWF
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SAR
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SBD
SBD
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SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
SBD
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SCR
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SCR
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SCR
SCR
SCR
SCR
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SDG
SDG
SCR
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SDG
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SEK
SGD
SGD
SEK
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SGD
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SHP
SLL
SLL
SHP
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SLL
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SRD
SSP
SSP
SRD
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
SSP
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STD
STN
STN
STD
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
STN
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SVC
SYP
SYP
SVC
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SYP
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
SZL
THB
THB
SZL
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
THB
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TJS
TMT
TMT
TJS
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TMT
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TND
TOP
TOP
TND
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TOP
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TRY
TTD
TTD
TRY
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TTD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TWD
TZS
TZS
TWD
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
TZS
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UAH
UGX
UGX
UAH
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UGX
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UYU
UZS
UZS
UYU
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
UZS
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VES
VND
VND
VES
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VND
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
VUV
WST
WST
VUV
WST
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2022-05-14 10:45:54
On Tron, Justin Sun Promotes a High-Yielding, Terra-Inspired Stablecoin
Traders can now earn rewards for depositing the network’s recently created USDD, an algorithmic stablecoin designed to work like Terra’s all-but-defunct UST, to Tron-based lending protocol JustLend to Justin Sun, developer of the Tron blockchain. They will receive yield in both USDD and the JUST stablecoin if they deposit USDD. JustLend is a Tron-based lending mechanism similar to Ethereum’s Compound. However, whereas Compound currently offers APY rates in the low single digits, JustLend is advertising rates as high as 30% — though JUST also mentioned 70% earnings, and the pace is changing throughout the day. (A Decrypt request for comment on how the yield works have yet to receive a response from Tron personnel.) That’s around 10 to 20% more than what Terra’s lending protocol, Anchor, offered before a liquidity problem caused a bank run, which slowed the network. The approach by Tron is directly out of the Terra playbook—at least the one prepared before the collapse of Terra’s native token LUNA and the UST stablecoin. #USDD mining is live now on https://t.co/AzvfhEjc3G with 40% APR. You can now deposit your #USDD in Justlend. pic.twitter.com/6WhX9fhpEP — H.E. Justin Sun 🅣🌞🇬🇩 (@justinsuntron) May 12, 2022 Sun said last month that Tron DAO, the user-controlled organisation in charge of network governance, would begin releasing a decentralised stablecoin backed by TRX.The post On Tron, Justin Sun Promotes a High-Yielding, Te...
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