TRON launches DeFi Summer campaign with $4.5M in incentives for stablecoin lending on JustLend DAO.
DeFi & Yields ·
TRON holds approximately $89.4B in stablecoins, with USDT comprising nearly 98% of the total supply. JustLend DAO is the dominant lending platform on the network, currently hosting around $3.32B in total value locked. Against this backdrop, TRON has launched a DeFi Summer campaign designed to incentivize stablecoin deployment through JustLend.
The campaign allocates $4.5M in rewards across multiple tracks. Users depositing or subscribing to promoted vaults via Binance Wallet can earn $300K in TRX incentives, while those supplying USDD to JustLend DAO access a $600K USDD reward pool. Participants earn the underlying lending APR alongside campaign rewards; those without USDD can convert from other stablecoins through zero-slippage routes supported by the platform.
An advanced strategy available to experienced users involves borrowing against supplied collateral and redepositing to amplify capital efficiency, though this approach introduces additional leverage and liquidation exposure. Full participation details and step-by-step instructions are available here. It remains unclear how long the campaign will run or whether incentive pools will be extended.