TUSD Monthly Report: June 2022

Brian Leclere - 05 July 2022 - APP TUSD

TUSD Monthly Report: June 2022

TUSD market cap: 1,215,206,372

Ethereum: 856,827,468

TRON: 341,650,576

BNB Chain: 113,000,000

Fantom: 2,363,544

Polygon:8,629,181

Avalanche Protocol: 3,831,188

Cronos: 31,001,000

DeFi

1. On June 9, TUSD was listed on QuickSwap, a leading decentralized exchange on Polygon, along with a liquidity incentive promotion for the TUSD-USDC stablecoin pool.

2. On June 15, the financial modeling and simulation platform Gauntlet launched a proposal vote in the Compound community, aiming to lower the reserve factor of stablecoin pools such as TUSD on the Compound protocol to 3.75%.

3. On June 23, TUSD was listed on EasyFi, a DeFi lending protocol.

4. On June 27, OKX DeFi Earn was launched, where users may participate in the TUSD market of Compound through OKX to earn an on-chain APY together with a platform-subsidized APY, totaling a representative 8%.

Exchange

1. On June 20, OKX introduced the deposit and withdrawal feature for TRC20-TUSD.

2. On June 22, OKX Earn launched the TUSD Flash Deals event; users can earn up to 30% APY by staking TUSD.

3. On June 29, Bitrue launched a Yield Farming pool for TUSD; users can earn up to 8% APY by staking TUSD for 30 days.

Activity

1. On June 1, TrueUSD kicked off the 8th round of Chat to Earn 50 TUSD Every Week on its Discord server.

2. On June 3, “Truly Crypto 101 (Lesson 9): Keep Calm and Hold on to Stablecoins in Crypto Winter” was published to help users choose investment strategies most suitable to their own circumstances.

3. On June 7, the 5th round of Truly Crossword Puzzle was hosted on Truly’s Twitter account.

4. On June 8, TrueUSD kicked off the 9th round of Chat to Earn 50 TUSD Every Week on its Discord server.

5. On June 13, TUSD launched a poll on Twitter about potential new partnership with DeFi projects in the Arbitrum ecosystem.

6. On June 13, the TUSD Meme Contest was officially over. The community voted for their favorite TUSD memes.

7. On June 14, the 6th round of Truly Crossword Puzzle was hosted on Truly’s Twitter account.

8. On June 14, TUSD ranked 6th on the mainstream stablecoin Volume/MC Ratio ranking.

9. On June 15, TrueUSD kicked off the 10th round of Chat to Earn 50 TUSD Every Week on its Discord server.

10. On June 16, TUSD released the data for its price fluctuation range in different time periods. TUSD’s price fluctuated less than 0.1% in the past 30 days.

11. On June 17, “Truly Crypto 101 (Lesson 10): Stablecoins Top the List of Risk-Free Assets: How to Pick the Right Stablecoins?” was published

to discuss ways to pick the most suitable stablecoin and to minimize risk.

12. On June 21, the 7th round of Truly Crossword Puzzle was hosted on Truly’s Twitter account.

13. On June 24, TUSD launched the Earn with TUSD promotion on Twitter and Discord. Users sharing screenshots of TUSD staking/LP farming/lending would share a prize pool of 200 TUSD.

14. On June 24, TUSD was invited to the OKX x PANews Live AMA as the guest speaker to discuss the topics, “What will be the effects of institutional liquidation? What will be the risks and opportunities in the market follow-up?”

15. On June 24, TUSD launched the “Continue your phase with TUSD” event on Discord with a total reward of 200 TUSD.

16. On June 27, TUSD’s Weibo account launched a promotion in which users reposting and showing screenshots of their participation in OKX DeFi Earn would share a prize pool of 100 TUSD.

17. On June 28, the 8th round of Truly Crossword Puzzle was hosted on Truly’s Twitter account.

18. On June 28, TUSD’s Market & BD Director Annabel was invited as the guest speaker to an AMA in OKX’s English Telegram group.

Source: TUSD Monthly Report: June 2022

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