TRON DAO Reserve

  • DAO
  • Project

Initiated by the TRON network, the TRON DAO Reserve aims to safeguard the overall blockchain industry and crypto market, prevent panic trading caused by financial crises, and mitigate severe economic downturns. The TRON DAO Reserve oversees TRON-based mainstream stablecoins as well as manages Decentralized USD (USDD) on TRON as its early custodian and ensures its price stability with reserves.

The TRON DAO Reserve stabilizes the exchange rates of centralized and decentralized stablecoins on TRON and other blockchains by setting risk-free yield and regulating the market through liquidity provision. It also intends to formulate and implement monetary and exchange rate policies and play the role of a lender of last resort.

The TRON DAO Reserve issues and safeguards reserve assets of multiple blockchains or blockchain-powered financial institutions to minimize systemic risks and ensure the stability of the financial market in the blockchain industry.

USD Digital (USDD) is a US dollar-pegged algorithmic stablecoin managed through a TRON-based DAO founded by crypto entrepreneur Justin Sun.

To maintain its 1:1 peg with the USD, the USDD positions itself as an over-collateralized stablecoin backed by a diversified basket of crypto assets including BTC and USDC.


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TRON DAO Reserve

Description

The TRON DAO Reserve is committed to building a truly decentralized crypto reserve that empowers and preserves economic sovereignty and market stability,

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