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Decentralized USD price, market cap on Coin360 heatmap

Decentralized USD(USDD)

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$0.949648
(1.19%)
0.00003464 BTC
Market Cap (Rank#69)
$688,810,472
25,122 BTC
Vol 24h
$9,764,048
356.116 BTC
Circulating Supply
725,332,035.84
Max Supply
?
13 days ago cointelegraph
Circle’s USDC instability causes domino effect on DAI, USDD stablecoins
Following USDC’s depegging, three stablecoins — DAI, USDD and FRAX — also depegged from the dollar.
22 days ago cryptodaily
TRON Partners with Oraichain for AI Integration and HackaTRON Collaboration
Geneva, Switzerland, 2nd March, 2023, ChainwireTRON has taken a major step towards combining artificial intelligence with blockchain technology by partnering with Oraichain, the world’s first AI-powered oracle and ecosystem for blockchains. This partnership solidifies the future of decentralized AI by providing education, incubation, and technical integrations to developers, thereby empowering them to build advanced solutions that utilize and leverage artificial intelligence. The TRON-Oraichain partnership marks a significant milestone in the development of blockchain technology, with the integration of AI expected to revolutionize the industry. Blockchain based solutions alone are considered revolutionary and disruptive. By providing developers with the tools they need to create innovative AI-powered solutions, TRON and Oraichain are paving the way for a future in which decentralized AI is the norm. Through this partnership, TRON and Oraichain will work together to foster a community of developers, investors, and enthusiasts who are passionate about the potential of blockchain and AI. With the goal of expanding smart contract functionality and innovating new use cases, they will also provide educational resources to help developers learn more about the technology and how to integrate it into their projects. Their partnership is set to revolutionize the blockchain industry by empowering developers to build advanced AI-powered solutions, underscoring TRON's and Oraichain’s commitment to innovation and cutting-edge, decentralized technology. Their common mission is to raise awareness around the potential for AI and blockchain, attracting promising AI developers and delivering AI functionality from Oraichain to the TRON network. Since its inception, Oraichain has been committed to providing AI Oracle services for smart contracts across many chains. As the network has matured, the vision has blossomed. Today, Oraichain’s infrastructure provides every essential element necessary to support an open economy for AI and data. This includes decentralized file storage, AI & crowdsourced data annotation, model training and test cases, on-chain execution, a data and AI marketplace, and the ability to publish models to AI Oracle. Oraichain is ready to fulfill its role as the universal hub for decentralized AI. By collaborating with TRON, they look forward to attracting more independent AI developers, fostering talent, and delivering fresh functionality compatible with TVM smart contracts. Hackathon Collaboration HackaTRON Season 4 began February 1, 2023, and we are excited to announce that Tung Do, CEO of Oraichain Labs US, will join the panel of judges for this year’s competition. As one of the biggest hackathons in the blockchain industry, the three previous seasons all together have had more than 2300 participants BUIDLing in DeFi, GameFi, Web3, NFTs, and other tracks. AI for TRON Network: AI & Data Marketplace and AI Oracle Oraichain will work to ensure TVM compatibility and provide documentation in the coming AI Oracle Client SDK, delivering AI functionality for smart contracts on the TRON network. This will give developers an opportunity to explore unique use cases in an ecosystem built for data and AI, taking advantage of fully decentralized infrastructure to ensure maximum transparency for data sources, model accuracy, execution, and royalty distribution. Cross-Chain Bridge Oraichain will add TRC20 token compatibility to OraiBridge, allowing for the simple and secure transfer of assets between the TRON blockchain and Oraichain. This will create the opportunity to offer new asset pairs on OraiDEX and open the door to exciting new cross-chain DeFi opportunities. This will also mark the first available bridge between TRON and the IBC ecosystem, expanding diversification opportunities for both ecosystems. Join TRON and Oraichain in celebrating this exciting partnership, and keep an eye out for upcoming activations and events. About Oraichain Oraichain is the world’s first AI-powered oracle and ecosystem for blockchains. Beyond data oracles, Oraichain aims to become the first AI Layer 1 in the Blockchain sphere with a complete AI ecosystem, serving as a foundational layer for the creation of a new generation of smart contracts and Dapps. With AI as the cornerstone, Oraichain has developed many essential and innovative products and services including AI price feeds, fully on-chain VRF, Data Hub, AI Marketplace with 100+ AI APIs, AI-based NFT generation and NFT copyright protection, Royalty Protocol, AI-powered Yield Aggregator Platform, and Cosmwasm IDE. Oraichain | Telegram | Twitter | YouTube | Discord | GitHub | Medium | Commonwealth Contact: Duc Tran [email protected] About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of February 2023, it has over 143 million total user accounts on the blockchain, more than 4.9 billion total transactions, and over $11.6 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactHayward [email protected]
42 days ago cryptopotato
Messari Releases Q4 2022 State of TRON and State of USDD Reports
[PRESS RELEASE – Geneva, Switzerland, 10th February 2023] Messari, a leading provider of blockchain research and data analysis, has released its quarterly reports on the State of TRON and the State of USDD for the fourth quarter of 2022. STATE of USDD Their first report, “State of USDD Q4 2022,” showcases the performance of USDD, […]
42 days ago cryptodaily
Messari Releases Q4 2022 State of TRON and State of USDD Reports
Geneva, Switzerland, 10th February, 2023, ChainwireMessari, a leading provider of blockchain research and data analysis, has released its quarterly reports on the State of TRON and the State of USDD for the fourth quarter of 2022. STATE of USDD Their first report, "State of USDD Q4 2022," showcases the performance of USDD, a stablecoin pegged to the US dollar, managed by the TRON DAO Reserve, and circulating on multiple blockchains, including TRON, Ethereum, and Binance. The report highlights that USDD saw continued growth in Q4 2022, in spite of the crypto winter, noting its circulation volume increased from a little over $6 billion to nearly $8 billion USD. This growth was primarily driven by the increasing demand for stablecoins as a safe haven for investment and for cross-border transactions. The report also mentions the key advantages of USDD, including its stability, low volatility, and ease of use, which have made it an attractive option for individuals and institutions alike. Here are a few other highlights from Messari’s USDD report: The number of wallets on TRON holding USDD slowed its growth in Q4 with only an 8% increase. Matching the 480.4% growth from Q2 to Q3 was not to be expected, though. TRX balances in the TRON DAO Reserve remained the same from Q3 to Q4. Not including TRX, the collateral ratio for the stablecoin is below 1 at 0.87. Including TRX in the reserve wallets and deposited in the burn account, the collateral ratio is 1.7. Partnerships with Travala, the world’s leading blockchain-based travel booking platform, which now accepts USDD for payment, other developing partnerships for utility in everyday commerce, and its multi-chain circulation all indicate the growing adoption of USDD. STATE of TRON The second and much longer report, "State of TRON Q4 2022," analyzes the overall performance of TRON, a public open-sourced blockchain network using a Delegated-Proof-of-Stake (DPoS) consensus mechanism that is powered by the TRON Virtual Machine (TVM). Unlike Ethereum, TRON uses “energy and bandwidth” instead of “gas” for validations on the network and offers developers less expensive smart contract execution. Similar to Ethereum, Solidity is the programming language of TRON. The report highlights that TRON’s leadership in the stablecoin space remained steady. Possibly related to its stable currency strength, the Commonwealth of Dominica designated TRON the official protocol for its national blockchain infrastructure and approved seven TRON-based cryptocurrencies as legal tender for everyday use in the country. Average active daily addresses increased 17.9%, with an unusual spike on December 10 of 1.3 million new accounts. Average daily transactions also increased 22.4%. What stood out the most, especially in light of the bear market moment, was that total quarterly revenue increased 25.3%. The report also highlights the key advantages of TRON, including its scalability, low transaction fees, and user-friendly interface, which makes it an attractive option for developers and entrepreneurs. Here are a few other highlights from the TRON report: 38% more TRX was burned in December than in October. “As such, TRX continues to be deflationary,” according to the Messari report. As of December 31, TRON nodes were distributed across more than 30 geographic locations around the globe, with ~23% (1,330 of the 5,730 TRON nodes) located in China. Compared to TRON’s “peer group” of pioneering blockchain leaders – Ethereum, Binance, and Polygon: TRON led the way in percentage of total revenue increase in Q4 TRON had 6x the number of daily transactions compared to Ethereum, 2x compared to Polygon, and nearly 2x compared to Binance TRON lags behind the other three in number of protocols using its network TRON gained 2% of the peer group’s stablecoin market share TronLink, TRON’s recommended digital assets wallet, integrated with Android and iOS and rolled out features, including the ability to stake TRX for Energy and Bandwidth. In Q4, the $1 billion TRON DAO Ecosystem Fund launched TRON DAO Ventures (TDV) and added it to its list of existing investment pathways. An increase in application usage was evident in Q4, as smart contract triggers were up ~45% QoQ. The TRON community of developers continued to grow with three seasons of Hackathons including over 2300 participants and the launch of TRON Academy with blockchain-club partnerships on seven top tier university campuses. The report also favorably mentions that TRON joined the Ethereum Enterprise Alliance, suggesting it “could catalyze collaboration between the two networks.” CONCLUSION Overall, considering the state of the crypto market in Q4, Messari’s reports indicate steady strength, ongoing growth, and a bright future both for the TRON network and the USDD stablecoin. As user accounts keep increasing, powerful partnerships are being forged, and the developer community continues to grow, all signals indicate that TRON is resolved to build the future of commerce and community for every human on the planet. About Messari Messari provides market intelligence that drives high-conviction participation in the crypto economy. We help professionals, builders, and communities navigate web3 by providing world-class tools and intelligence. Founded in 2018, Messari is the leading provider of crypto market intelligence products that help professionals navigate crypto/Web3 with confidence. We bring transparency and smarter qualitative and quantitative analytics to the industry by combining a global research database with a comprehensive suite of data visualization and asset discovery tools. We help drive smarter participation in crypto from individuals and institutions alike. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of February 2023, it has over 141 million total user accounts on the blockchain, more than 4.8 billion total transactions, and over $11.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactHayward [email protected]
44 days ago cryptodaily
TRON DAO Establishes Artificial Intelligence Development Fund
Geneva, Switzerland, 8th February, 2023, ChainwireTRON DAO is encouraging the blending of artificial intelligence technology with blockchain technology, announcing last week the establishment of a $100M USD Artificial Intelligence Development Fund. Four areas of focus have been initially identified: A.I. Service Payment Platform, A.I. Infused Oracles, A.I. Informed Investment Management Services, and A.I. Generated Content. However, innovators and developers whose imaginations arrive at further use cases should absolutely consider applying for funding and pitching their unique ideas, as well. A.I. Service Payment Platform TRON’s industry-leading decentralized financial infrastructure is ripe for A.I. infusion, as it will enable self-learning, on-the-go, adaptable capabilities in all aspects of decentralized commerce, including: Smart contract creation and deployment Payment layer protocols A.I. payment gateways Currency settlement A.I. utility will provide the opportunity for automated revenue generation and expedited digital commerce strengthened by A.I. analysis and adaptability for the developers who integrate A.I. tools into their decentralized applications. A.I. Oracle TRON’s expeditious, efficient, and inexpensive blockchain network, along with its data-focused Layer2 blockchain, the BitTorrent Chain, are perfectly oriented for A.I. integration, as its fully decentralized file storage system (BTFS) is leveraged to achieve management of data in decentralized, adaptable, intelligent ways. Decentralized data management is a differentiating factor from almost all other blockchains using centralized data storage and oracle services. A.I. will strengthen the performance of all things data related, including underlying calling SDKs and API communication. Developers will be able to build in automated adjustments for optimized user experiences and dApp data transactions, because of the insightful, real-time analysis A.I. tools will provide. A.I. enhanced oracles will make the creation of a new, decentralized, intelligent financial ecosystem possible. A.I. Informed Investment Management Services Using A.I. technology, investment management services in the TRON ecosystem will be able to: Create more complex and intelligent trading algorithms Analyze market trends in real-time Discover even more advanced and dynamic strategies Make more insightful investment decisions In addition, DeFi lending platforms will be able to more accurately predict the direction of various assets as well as the balance between user assets and liabilities, thereby reducing the risk of default and improving the utilization rate of funds. As A.I. processes what it’s learning from day to day and month to month, it will be able to strengthen assessment capabilities and thus identify potential loopholes in certain smart contracts or other security risks based on blockchain financial transactions. A.I. will also enhance on-chain investing as it informs analysis, learns market trends, then writes smarter smart contracts that automate trading, in theory leading to better returns. The blending of blockchain technology with artificial intelligence services will supercharge the way developers build a decentralized financial future and will increase the stabilization of how users experience Web3 commerce and community. A.I. Generated Content Integrating A.I. tools into content generation will increase efficiency and allow for on-the-go user research to inform creators and developers of market wants and needs. A.I. will enhance NFT utilization by constantly learning advanced ways to create as well as utilize NFTs, leading to unprecedented industry disruptions. A.I. infusion for users in NFT creation, storage, verification, transacting, and transferring along with NFT evaluation and analysis will empower the NFT use cases of the future. Casting Vision H.E. Justin Sun, founder of TRON and Ambassador of Grenada to the World Trade Organization, tweeted on Monday, February 6, 2023, a thread that spelled out how A.I. integration will strengthen the entire TRON Ecosystem. Here’s a summary: WINkLink, the first comprehensive oracle of TRON’s ecosystem, combined with the DeFi applications JUST and SUN, all relying on the powerful computing and analysis capabilities of A.I., will together enable efficient investment management services for on-chain assets. A.I. integration in smart contract development will allow for more intelligently and effectively created, deployed, and executed smart contracts. The APENFT Marketplace will offer A.I. infusion for users in its NFT marketplace. TRON’s robust blockchain commerce system provides the best infrastructure for a shared A.I. economy, including the tokenization of artificial intelligence services. The hope of the initiative is that developers are inspired to use A.I. in current as well as future applications built on the TRON blockchain, both in the back end and front end of development, AND that they apply for grants from the TRON Artificial Intelligence Development Fund to help them do so. THE BOTTOM LINE The result of blending A.I. and blockchain tech will be a new, decentralized, intelligent ecosystem that is secure, trustworthy, tamper-proof, uncensorable, and adaptable. When asked, “Which blockchain is integrating artificial intelligence,” ChatGPT responded with, “Currently, there is none.” In the near future, with the self-learning capability of A.I., that answer is sure to be different. It’s yet another way TRON is building the future of commerce and community for every human on the planet. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of February 2023, it has over 141 million total user accounts on the blockchain, more than 4.8 billion total transactions, and over $11.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
51 day ago cryptodaily
Sign Up Today for the TRON Grand Hackathon a.k.a. “HackaTRON” Season 4
Geneva, Switzerland, 1st February, 2023, ChainwireSeason 4 of the TRON Grand Hackathon has begun! The submission period runs from February 1 to April 15, 2023, with winners to be announced May 15, 2023. A number of judges and partners are returning from Season 3 to offer their expert analysis to teams who are developing new solutions, building upon existing projects, or launching eco-friendly blockchain initiatives. Expectations are high following the success of Season 3. If you are a blockchain enthusiast, developer, or entrepreneur, then you don’t want to miss all that Season 4 has in store. Co-sponsored by TRON and Huobi, this hackathon has a 500,000 USDD prize pool and is sure to be one of the most empowering events of 2023. Here are the basics of what you need to know about HackaTRON Season 4. Benefits of Participating in a Hackathon Participating in hackathons is beneficial for developers and entrepreneurs alike. It gives them networking opportunities and hands-on experience from working with new technologies such as blockchain or dedicating the time to develop smart contracts for a minimum viable product. The commitment prods progress for aspiring developers and hopeful startups. Hackathons are an excellent way to unite and challenge a team with a purpose and a deadline while growing new skills and having fun together! As if that wasn’t enough incentive already, competing in hackathons also gives teams the chance to win some awesome prizes like the 500,000 USDD prize that will be up for grabs in Season 4 of the HackaTRON. Winners will have priority status for potential listing on Huobi.com and will also be eligible to apply for funding from TRON DAO Ventures and Huobi Ventures. These are priceless perks for winners that could pave the way for significant advancement of their projects. What to Expect from Participating in HackaTRON? By participating in HackaTRON, teams develop decentralized applications to compete in one of six tracks: Web3, DeFi, GameFi, NFTs, Builder, and Eco-Friendly. This season, the “Builder Track” is new and created for returning projects that are continuing development on TRON/BTTC with significant updates for their projects. To participate in the Builder Track, projects must have previously entered the Hackathon, document updates with clearly defined new features, and not already have an investment commitment from TRON DAO Ventures. The “Eco-Friendly Track” is also new and aims to encourage participants to join TRON in the mission to drive the blockchain industry toward sustainability and environmental stewardship via the TRON Climate Initiative. DoraHacks, a Web3 development community engaging with a variety of blockchains to encourage innovators to “BUIDL” with blockchain tech, is a new partner for Season 4 and will be used as a developer forum. Many of the partners and judges will be returning from Season 3, including industry leaders from VanEck, Valkyrie, Circle, the Hong Kong University of Science and Technology, Mirana, Binance Custody, Kucoin Ventures, Huobi Ventures, FalconX, Wintermute, Blockchain.com, Gate.io, Bittrex Global, Kyber Network, Poloniex, Gala Games, Unstoppable Domains, and others. In some ways, the chance to connect with and learn from proven experts is the most valuable aspect of participating in a hackathon. How HackaTRON Works HackaTRON Season 4 spans four months from February 1 to May 15, 2023. During this time, participants will have access to resources such as tutorials, tech talks, and expert coaching. All of which can help them create their decentralized application (dApp). Participants are then required to submit a Minimum Viable Product (MVP) by the end of the submission period in order to be considered for the competition. Here’s a quick overview of the schedule for Season 4: February 1 to April 15 _ HackaTRON Submission Period (Working MVP Required) April 16 to 30 _ Pre-Selection Judging Preparation May 1 to 7 _ Judging Period May 15, 2023 _ WINNERS ANNOUNCED!!! Payout of the Prize Pool The 500,000 USDD prize pool will be distributed among the winners. Payout of the prize pool will occur in two tiers. The first tier of 30% will be paid to winners on Saturday, May 13, and the second tier of 70% on Thursday, June 1, IF their decentralized application (dApp) goes live on the TRON/BTTC Mainnet. Winners will be chosen in two major categories: judge and community forum. Five winners will be selected in each track for each major category. So, there will be five winners from each of the six tracks in the judge-selected category and five from each of the six tracks in the community-selected category. The USDD distribution will be broken down as follows: Judge-Selected (same breakdown for each of the six tracks) 1st Place _ 20,000 USDD 2nd Place _ 15,000 USDD 3rd Place _ 10,000 USDD 4th Place _ 8,000 USDD 5th Place _ 6,000 USDD Community-Forum-Selected (same breakdown for each of the six tracks) 1st Place _ 6,000 USDD 2nd Place _ 5,000 USDD 3rd Place _ 4,000 USDD 4th Place _ 3,000 USDD 5th Place _ 2,000 USDD In addition, bonus prizes will be distributed in three categories: Project Engagement (6,000 USDD divided evenly among two winners), Determination (15,000 USDD divided evenly among three winners), and Community Contribution (5,000 USDD divided evenly among 10 winners). Winners will have priority status for potential listing on Huobi.com and will also be eligible to apply for funding from TRON DAO Ventures and Huobi Ventures. These are priceless perks for winners that could pave the way for significant advancement of their projects. SO… Ready to become a blockchain developer on one of the world’s premier blockchains? Then don't miss out on your chance to participate in Season 4 of the HackaTRON! With a 500,000 USDD prize pool up for grabs across six different tracks, this is your opportunity to prove your skills while taking advantage of amazing networking opportunities along with potential funding. Sign up today on the HackaTRON website. If you’re interested in being the first to know about the latest news and updates on TRON, as well as the TRON Grand Hackathon, please subscribe to the TRON newsletter. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 138 million total user accounts on the blockchain, more than 4.7 billion total transactions, and over $11.0 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
53 days ago cryptodaily
TRON Academy Sponsors Princeton Blockchain Club and Partners with TRON Climate Initiative
Geneva, Switzerland, 30th January, 2023, ChainwireTRON Academy has become the official sponsor of the Princeton Blockchain Club, the premier blockchain-focused student organization at Princeton University, whose goal is to build a vibrant and diverse network for Web3 natives on campus. TRON DAO is thrilled to be engaged with such a prestigious institution and such an innovative club with a kindred focus on educating the next generation of blockchain developers. TRON Academy continues to expand its empowering presence on a growing number of college campuses, including a recent workshop at the University of California at Irvine. Blockchain at UCI is an ecosystem for blockchain education, development, and networking at UC Irvine and surrounding areas. They collaborate with industry leaders to host events with blockchain companies in pursuit of identifying efficient and practical blockchain technologies as well as helping students in Orange County develop the necessary skills for a blockchain career. Thursday and Friday, January 26 and 27, 2023, Blockchain at UCI hosted the TRON DAO team for a workshop focused on the basics of Web3 and the potential development opportunities available in the TRON ecosystem. TRON Academy also recently launched a research competition in collaboration with the TRON Climate Initiative. Ambitious and creative university students who are passionate about a more sustainable blockchain future are invited to submit their work. Interested student groups should conduct research then write papers exploring the environmental impact of blockchain technologies as well as suggesting any potential eco-friendly strategic solutions. Winning teams will have the opportunity to have their research paper published on the TRON Climate Initiative website and receive funding for their organization’s efforts. Here are the details about the competition: TIMELINE: January 27, 2023 _ announce and start accepting early submissions February 2023 _ officially accepting submissions from higher-ed student organizations March 2023 _ follow up and check in on TRON Academy organizations’ progress April 2023 _ review and judge TRON Climate Initiative research papers May 2023 _ hold a virtual event to announce winners and award prizes PRIZES: Prizes will be awarded to ten winners in tiered distribution from first through tenth place. The total of prizes distributed will be 7,000 USDD. 1st Place: 1,500 USDD 2nd Place: 1,250 USDD 3rd Place: 750 USDD 4th through 10th Place: 500 USDD Grand Total: 7,000 USDD REQUIREMENTS: All papers must be submitted in English and adhere to standard academic formatting guidelines. Teams must consist of a minimum of three members and a maximum of five members. Teams must be registered as students at a college or university and provide the contact information of an administrator or faculty sponsor (at least provide proof of current school attendance/registration). All papers must be submitted via the TRON Climate Initiative website by the deadline provided. All papers must include a thorough and accurate analysis of the current state of blockchain technologies and their environmental impact. All papers must also include a comprehensive exploration of potential strategies and eco-friendly solutions that could be implemented to reduce environmental impact. All papers must be original, unpublished works and must not have been submitted to any other organization or competition (teams can build on and expand previous research and writing, however). The student team members must write all content submitted for this competition (no faculty-written content). TOPIC SUGGESTIONS: Exploring the Potential of Carbon Offsets in the Blockchain Industry Analyzing the Impact of Different Consensus Mechanisms Examining the Renewable Energy Potential of Blockchain Technologies Investigating the Impacts of Data Centers on the Environment Harnessing the Power of Blockchain for Sustainable Development Evaluating the Benefits of Decentralized Cloud Storage Solutions Examining the Impact of Blockchain on the Global Carbon Footprint Analyzing the Possibilities of Blockchain-Powered Eco-Friendly Supply Chains Assessing the Benefits of Blockchain-Based Renewable Energy Trading Exploring the Potential of Regulatory Policies to Support Sustainable Blockchain Solutions Be the first to know all that’s happening with the TRON Climate Initiative and the TRON Academy program by subscribing to the TRON DAO newsletter. If you have questions about the competition, please send an email with the subject line “Climate Research Competition” to [email protected] If you are interested in learning more about TRON Academy, fill out this inquiry form. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 138 million total user accounts on the blockchain, more than 4.7 billion total transactions, and over $11.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactHayward [email protected]
73 days ago cryptopotato
Huobi’s Market Share Crumbles Amid USDD Depeg
2023 has gotten off to a rather good start for the crypto market but not for Huobi.
77 days ago cryptodaily
$100 million in stablecoins transferred to Huobi by Justin Sun
Recently, Justin Sun, the founder of Tron, made headlines when a wallet connected to him transferred $100 million worth of stablecoins to the cryptocurrency exchange Huobi. In an article posted by The Block earlier today, security analysts at PeckShield reported that two transactions of $50 million each of USDC and USDT were conducted at 11:10 a.m. UTC. The wallet, which can be linked to Sun through the Ethereum block explorer Etherscan, also holds $16.5 million worth of decentralised usd (USDD), a stablecoin from the Tron blockchain, and closely connected to Sun. It has been noted that the majority of the funds in the recent transactions originated from Just Lend, a Tron-based lending platform, and were transferred to the wallet through Binance before ultimately reaching Huobi. After the transactions to Huobi, some exchange users noticed the creation of a $1 million buy wall for $HT, indicating that someone was willing to purchase $1 million worth of the token at a specific price, which is possibly a strategy used to keep the token price from crashing. The news comes at a time when Huobi is in the public eye, with rumours circulating about layoffs and a mandate for employees to be paid in stablecoins rather than fiat currency. Additionally, there have been unconfirmed reports of internal communication platforms being shut down, which caused the price of Huobi's token ($HT) to drop to a low of $4.30 from $5.20 over the past 48 hours. $HT has since recovered to $4.64 at time of going to press. In response to these rumours, Huobi's Global Head of Sales, James Hume, posted on LinkedIn that "most if not all" of them were "totally false or inaccurate." Hume went on to clarify that the exchange's internal communication platform was functioning normally and that it was "business as usual." Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
78 days ago coindesk
Tron Price Sinks 8%, USDD Depegs Amid Drama at Justin Sun-Related Huobi Crypto Exchange
Community sentiment soured around Huobi, on whose board Sun is an advisor, as it is said to be laying off hundreds of staff in the coming weeks.
78 days ago cryptodaily
Twenty-Two Highlights from TRON’s Historic 2022
Geneva, Switzerland, 5th January, 2023, ChainwireFor TRON DAO, 2022 was a year of historic growth. Here are 22 highlights from the fastest growing public blockchain’s record year: # 22 possibly the world’s biggest DAO On January 5, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes declared that TRON DAO is probably the world’s biggest DAO, as the TRON blockchain now boasts more than 132 million user accounts. # 21 APENFT Marketplace On April 15, the APENFT Marketplace launched on the TRON blockchain. # 20 over 130 digital asset exchanges TRX is now supported, listed, and traded on over 130 digital asset exchanges, payment systems, and trading platforms, including Binance.US, Meson, Crypto Finance (member of Deutsche Börse Group), Fireblocks, Bitkub, Bitso, DMM Bitcoin, Kraken (TRX futures contracts), Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com, and Guardarian. # 19 the Enterprise Ethereum Alliance TRON joined the Enterprise Ethereum Alliance to advance interoperable blockchain integration into daily business operations, focusing mainly in two working groups: Cross-Chain Interoperability and DeFi Risk Assessment, Management, and Accounting (DRAMA). # 18 expanded collaboration with Huobi In October, the TRON founder and current ambassador H.E. Justin Sun was named to Huobi’s Global Advisory Board, and the TRON ecosystem has started more partnerships with the exchange. # 17 the Peg Stability Module On August 3, the Peg Stability Module (PSM) was rolled out, which allows users to swap between USDD and other mainstream stablecoins like USDT and USDC at a 1:1 ratio. # 16 sponsorships In 2022, TRON was the major sponsor of Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049, and more. TRON also hosted several VIP in-person afterparties - TRON Whale Night, at Bitcoin 2022, Consensus, and Mainnet. # 15 the Binance CMC Crypto Top 10 EWI On October 17, TRX was listed on the Binance CMC Cryptocurrency Top 10 Equal-Weighted Index, which tracks the performance of the top ten digital assets on CoinMarketCap as ranked by market capitalization. # 14 feel the burn In 2022, the total amount of TRX burned from various utilities was 11.74 billion, considerably accelerating its deflation. # 13 TRON Academy TRON Academy officially launched November 12, when 270+ students from top-tier university blockchain clubs gathered on the Harvard University campus for the "Hacker House" event. # 12 Travala.com On August 10, Travala.com, the world's leading blockchain-based travel booking platform, announced its adoption of USDD and TRX as means of payment. # 11 the 2nd largest stablecoin ecosystem TRON now has the second-largest total stablecoin circulation, next to Ethereum, with a market cap of $39.5 billion. # 10 the TRON DAO Ecosystem Fund TRON DAO launched their Ecosystem Fund with 8 unique programs for funding, including TRON DAO Ventures, which intends to invest in promising blockchain startups. # 9 the national blockchain of Dominica On October 7, the Commonwealth of Dominica announced TRON as its national blockchain and authorized seven TRON-based cryptocurrencies as legal tender for everyday use. # 8 the TRON DAO Reserve On April 21, the TRON DAO Reserve was established to safeguard the overall blockchain industry and crypto market. # 7 greater influence On August 1, Crypto Daily described H.E. Justin Sun as one of the premier leaders in the Web3 era. # 6 the stablecoin USDD In May 2022, TRON launched USDD, the first over-collateralized, decentralized stablecoin, which is now held in more than 130,000 wallets. On November 2, Messari released the report “State of USDD Q3 2022.” USDD finished the year with a circulating supply of over 725 million and a collateral ratio of greater than 200%. # 5 one of the most eco-friendly blockchains On August 24, in the report titled "Energy Efficiency and Carbon Footprint of the TRON Blockchain" released by the Crypto Carbon Ratings Institute (CCRI), TRON was rated as one of the most eco-friendly blockchains. # 4 the 4th anniversary of MainNet independence On May 31, TRON celebrated the fourth anniversary of its MainNet launch. # 3 three stellar HackaTRONs Three Seasons of the TRON Grand Hackathon, a.k.a. “HackaTRON,” took place in 2022, with over 2300 total participants and a combined total prize pool of over $2.7 million. # 2 TVL According to DefiLlama, by the end of Q3, the Total Value Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to become the blockchain network with the second-largest TVL worldwide. Messari released its first ever TRX research report on November 5, titled the “State of TRON Q3 2022.” # 1 from 69 million total TRON user accounts to 132 million 63 million new TRON user accounts were established in 2022. TRON aims to become the primary settlement layer of the global economy. As the global trend-setter in cryptocurrency, TRON is developing an ecosystem infrastructure that will be able to serve every human on the planet. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 133 million total user accounts on the blockchain, more than 4.5 billion total transactions, and over $9.2 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
87 days ago cryptodaily
TRON DAO Joins The Enterprise Ethereum Alliance
Geneva, Switzerland, 27th December, 2022, ChainwireTRON DAO, a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, today announced that it has joined the Enterprise Ethereum Alliance (EEA). As an EEA member, TRON DAO will collaborate with EEA and its members, the leading business adopters, innovators and leaders within the Ethereum ecosystem, to accelerate the pace of Ethereum business advancements and adoption. TRON DAO is accelerating the progression of Web3 adoption across a global scale by creating novel and useful solutions for builders and consumers. “TRON and Ethereum have grown and matured together over the years,” says TRON blockchain Founder, H.E. Justin Sun. “We want this affiliation to be a step forward for the industry to showcase that progress comes in many forms. Blockchain has the potential to change the world in manners we cannot fathom and we need to coordinate together to make it happen. I am optimistic that partnerships like this are one of the healthiest moves we can collectively do.” The EEA’s membership base represents companies from every region of the world. The EEA’s Interest Groups, Working Groups, and events bring together the top Ethereum and global business leaders, technologists, and industry experts to learn about the latest business reference implementations, real-world use cases, and technical innovations. The EEA’s educational primers, designed specifically for non-technical entrants to the Ethereum ecosystem, offer introductions to many of the different concepts and facets of Ethereum, and blockchain as a whole, to help more professionals get started on the platform. About the EEA The Enterprise Ethereum Alliance (EEA) enables organizations to adopt and use Ethereum technology in their daily business operations. The EEA empowers the Ethereum ecosystem to develop new business opportunities, drive industry adoption, and learn and collaborate. The EEA Community Projects provides a hub for open source development of code, APIs, standards, and reference implementations. To learn more about joining the EEA, reach out to [email protected] or visit https://entethalliance.org/become-a-member/. Follow the EEA on Facebook, Twitter, LinkedIn, and YouTube. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of December 2022, it has over 130 million total user accounts on the blockchain, more than 4.4 billion total transactions, and over $9.3 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum ContactHayward [email protected]
95 days ago cryptodaily
TRON DAO Ventures to Empower Elite Blockchain Startups
Geneva, Switzerland, 20th December, 2022, ChainwireTRON DAO Ventures (TDV) exists to discover elite startups, invest profoundly, optimize strategically, then exit at an empowering moment. The TRON DAO Ecosystem Fund intends to define decentralization, and TRON DAO recently announced the launch of TDV as part of that effort. TRON DAO has been actively seeking new development teams and startups interested in creating decentralized applications on the TRON blockchain. Existing projects built on other Layer 1 blockchains that have thriving communities and established MVPs are also desired. TDV was launched to support the best of both – the elite teams #BUIDLING in the TRON ecosystem AS WELL AS the proven projects able and willing to bridge synergistically into the TRON ecosystem. TRON DAO leaders believe in a decentralized, multi-chain future with seamless interoperability. For projects built on other Layer 1 blockchains, the chance to coordinate strategically for cross-chain functionality is ideal and will spur industry innovation toward mass adoption and recognition. The purpose of TDV is to invest in promising blockchain-based startups, guide and collaborate with them, optimize their efforts, and then exit when the project team has been empowered for their next stage of growth. TRON demonstrated its commitment to decentralization in December 2021 when it transitioned to become one of the largest community-governed DAOs. Now, they hope to empower entrepreneurial endeavors with like-minded dedication. Their aim is to invest across a wide range of categories, all of which exist to develop blockchain-based utility via DeFi, GameFi, NFT, DAO, and Web3 experiences. All applicants submitting to TDV will be reviewed on a case-by-case basis. While the deployment of funds currently averages between $100K to $250K USD per project, the TDV team is open to negotiating more significant funding deals when it’s deemed appropriate. The expectation for applicants is to have a long-term vision for TRON-based development with a strategic outlook toward benefiting other TRON projects as well as TRON users. The incorporation of TRON-based tokens, the inclusion of other TRON ecosystem dApps and tools, the integration of USDD, or the involvement of BitTorrent Chain would be a major plus. An example of a “perfect fit” for TDV would be later-stage projects: Built on any Layer 1 (including but not limited to TRON) With a MVP, Testnet, or Beta ready Past pre-seed funding already with $500K+ raises Already with committed investors Believing they would have strategic synergy with the TRON ecosystem Already, 45 projects have applied for TDV funding and are under review. If interested, please use this link. If there are projects looking to apply for funds that are at the pre-launch phase or at too early of a stage for larger grants, there are alternative funding opportunities through other programs in the broader Ecosystem Fund. For more information and explanation about TDV, listen to the recent episode of the Around The Block Podcast, where TRON DAO leaders examined the purpose of TRON DAO Ventures and further explained the process of application and approval. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2022, it has over 130 million total user accounts on the blockchain, more than 4.4 billion total transactions, and over $9.7 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactMedia ContactHayward [email protected]
99 days ago cryptodaily
Happy Holidays for the TRON Grand Hackathon 2022 Season 3 Winners
Geneva, Switzerland, 16th December, 2022, ChainwireThe winners of Season 3 of the TRON Grand Hackathon 2022 got an early holiday gift this Friday. The recipients of each of the 107 prizes being distributed for this season’s HackaTRON were announced. There were 1185 participants who formed 272 teams that submitted projects in one of six tracks: Web3, DeFi, NFT, GameFi, Ecosystem, and TRON Academy. Season 3 submissions began on September 20 and ended on November 14. The judging period lasted from November 29 to December 12. In addition, a second group was chosen by Hackathon participants who were active in the TRON DAO Forum. That voting period lasted from November 29 to December 4. Then, the winners of both groups were announced on December 16. The TRON Grand Hackathon 2022 Season 3 winners selected by our judges are: Web3 1st Prize (60K): OpenATM 2nd Prize (50K): Journey by Tron Magicians 3rd Prize (40K): Hextopus 4th Prize (30K): JustPush by Team Push 5th Prize (20K): Falt by Renaissance Labs DeFi 1st Prize (60K): Meson-To by Meson Team 2nd Prize (50K): Bunny Notes by StrawberryChocolateFudge 3rd Prize (40K): Inheritokens by Team Tokinhers 4th Prize (30K): Elk-Finance by Team Elk 5th Prize (20K): goStables by goStables Team NFT 1st Prize (60K): Lazara 2nd Prize (50K): The TREE Token by The TREE Foundation 3rd Prize (40K): Artbeat by 4thfloor 4th Prize (30K): Fractron 5th Prize (20K): Metastore by Void GameFi 1st Prize (60K): Galaxy Throne 2nd Prize (50K): TuruVerse by TuruGlobal 3rd Prize (40K): Trxmini.games 4th Prize (30K): Zombieland by Team Zombie 5th Prize (20K): Mushroom by 0xCatbox The Ecosystem Track was split into two categories – technical and creative. Ten total Ecosystem winners were selected with five from each category and the same prize structure for both. Ecosystem (Technical) 1st Prize (15K): WaveData 2nd Prize (12.5K): Tronql 3rd Prize (10K): Paylock 4th Prize (7.5K): GETO.Finance 5th Prize (5K): Interpool by Irruption Lab Ecosystem (Creative) 1st Prize (15K): B4B.World 2nd Prize (12.5K): Road Incident Predictor 3rd Prize (10K): MetaVote Poll by Raph Strategy 4th Prize (7.5K): Xeat by BatamPride 5th Prize (5K): Nature Foretold All projects whose team members participated in the TRON DAO Forum were eligible to vote in the peer evaluated selection of winners. The TRON Grand Hackathon 2022 Season 3 winners selected by the TRON DAO Forum are: Web3 1st Prize (10K): TronHub by TronNinjas 2nd Prize (9K): dCloud by cctechmx 3rd Prize (8K): Oracula 4th Prize (7K): TsTron by Sterliakov 5th Prize (6K): Web3-scheduler by tokeniz DeFi 1st Prize (10K): T-Boost by USTX 2nd Prize (9K): Synergy by based.builders 3rd Prize (8K): Inheritokens by Team Tokinhers 4th Prize (7K): Garble.Money by GoblinLab 5th Prize (6K): TRON unlimited Oracle by RedStone NFT 1st Prize (10K): Fuzzy Ocean 2nd Prize (9K): Fractron 3rd Prize (8K): Lazara 4th Prize (7K): TBlocks 5th Prize (6K): PalmT by JustRug GameFi 1st Prize (10K): Turuverse by TuruGlobal 2nd Prize (9K): Trxmini.games 3rd Prize (8K): Zombieland by Team Zombie 4th Prize (7K): Mushroom by OxCatBox 5th Prize (6K): Galaxy Throne Ecosystem 1st Prize (10K): InterPool by Irruption Lab 2nd Prize (9K): NatureForetold 3rd Prize (8K): MetaVotePoll by Raph Strategy 4th Prize (7K): Snake Bite by Team Hero 5th Prize (6K): Shatranj by Web23 The TRON Academy Track was new this season and involved a face-to-face competition called the “Hacker House.” That portion of the Season 3 HackaTRON was held in person on the campus of Harvard University during the weekend of November 12–13, 2022. Two categories of winners were selected – technical and non-technical. The winners were: TRON Academy Technical 1st Prize (15K): Pneumatic 2nd Prize (10K): Keystream 3rd Prize (9K): DeForms 4th Prize (8K): GroupBy 5th Prize (7K): Dazzle 1st Runner Up (5K): Groot Club 2nd Runner Up (5K): Level 3rd Runner Up (5K): ECO Honorable Mention (500): PLedger Honorable Mention (500): Bountiful Honorable Mention (500): Fawna Honorable Mention (500): CRUD Honorable Mention (500): EduBloc Honorable Mention (500): EcoRypto Honorable Mention (500): FoodPrint Honorable Mention (500): JustPass Honorable Mention (500): TicketTRON Honorable Mention (500): Tronify TRON Academy Non-Technical 1st Prize (2K): LSP (Tron: Legacy) 2nd Prize (1K): SuperSets 3rd Prize (500): Arcus 1st Runner Up (250): DeTrove 2nd Runner Up (250): Axies 3rd Runner Up (250): BWS 4th Runner Up (250): Autonoma 5th Runner Up (250): Imperia 6th Runner Up (250): Compute Allocation TRON Academy Community Forum Winners 1st Prize (5K): Tronify 2nd Prize (4K): Project PLedger by Muffin 3rd Prize (3K): VooDoo Finance by Elvolution 4th Prize (2K): GreenDAO 5th Prize (1K): StackChain by Team Chain There were three additional bonus prizes given for Season 3: The Devpost Community Prize of $1,000, which was determined by popular choice voting on Devpost by Devpost community members. WINNER: Elk Finance The Project Engagement Prize of $5,000, which was determined by the TRON DAO team based on how well a project engaged on the TRON DAO Forum. WINNER: TRONJoy The Community Contributor Prize of $5,000, which was determined by the TRON DAO team based on an individual’s valuable contributions during the hackathon. This prize was distributed in $500 increments to ten individuals who did not win another prize. WINNERS: antonio, constantinpricope201, Deba215, Fabsltsa, H_P, Hirangi, Nana66419, Prince-Onscolo, Simon, strxfinance On December 20th 2022, TRON DAO leaders will hold their monthly Community Call and this month’s focus is the Hackathon and its winners. It’s a chance to congratulate all of the winners for their hard work and innovative ideas, which made this season’s HackaTRON one the best yet. “From cutting-edge solutions to real-world applications, the projects developed during this Hackathon demonstrated the true potential of blockchain technology,” one TRON DAO team member noted. TRON DAO strives to empower blockchain projects in alignment with its vision of building a decentralized web. The TRON Grand Hackathon is one essential approach toward that goal. CONGRATULATIONS to the winners of the TRON Grand Hackathon 2022 Season 3! Many thanks to all of the participants, judges, and sponsors who made Season 3 of the TRON Grand Hackathon 2022 such a huge success. We can't wait to see the innovations developed in the 2023 Hackathon. Stay in the know about the upcoming TRON Grand Hackathon Season 4 in 2023 by following the official social media outlets of TRON DAO on Twitter, Instagram, TikTok, YouTube, LinkedIn, Discord, Reddit, and GitHub. Be sure to subscribe to the Around the Block Podcast for insightful interviews and informative content. About TRON DAO TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps. Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of December 2022, it has over 129 million total user accounts on the blockchain, more than 4.4 billion total transactions, and over $9.7 billion in total value locked (TVL), as reported on TRONSCAN. In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. In May 2022, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto reserve for the blockchain industry - TRON DAO Reserve, marking TRON's official entry into decentralized stablecoins. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time a major public blockchain partnering with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country. TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
103 days ago coindesk
Tron's USDD Stablecoin Falls to Under $0.97, Lowest Level Since June
The algorithmic decentralized stablecoin modeled after Terra's now-defunct UST lost its dollar peg last month as the collapse of FTX dented investor confidence in digital assets.
134 days ago cointelegraph
Analysts urge calm as Tether depegs from USD, Bitcoin loses $17K rebound
Tether follows TRON's USDD stablecoin in coming unstuck amid suspicions of shorting involving FTX and Alameda Research.
134 days ago cointelegraph
Tron's stablecoin USDD loses dollar peg on suspected selloff by Alameda Research
Wallets associated with Sam Bankman-Fried's Alameda Research could be behind the dollar de-peg, alleges Tron's founder.
135 days ago coindesk
Tron Network USDD Stablecoin Wobbles from Dollar Peg Amid Latest Crypto Crisis
The Tron network's algorithmic stablecoin, the $700 million USDD, fell to 97 cents from its supposed $1 anchor.

About Decentralized USD?

The live price of Decentralized USD (USDD) today is 0.949648 USD, and with the current circulating supply of Decentralized USD at 725,332,035.84 USDD, its market capitalization stands at 688,810,472 USD. In the last 24 hours USDD price has moved 0.003116 USD or 0.00% while 10,034,400 USD worth of USDD has been traded on various exchanges. The current valuation of USDD puts it at #69 in cryptocurrency rankings based on market capitalization.

Learn more about the Decentralized USD blockchain network and how it works or follow the price of its native cryptocurrency USDD and the broader market with our unique COIN360 cryptocurrency heatmap.

Decentralized USD Price0.949648 USD
Market Rank#69
Market Cap688,810,472 USD
24h Volume9,764,048 USD
Circulating Supply725,332,035.84 USDD
Max SupplyNo data
Yesterday's Market Cap687,453,232.60 USD
Yesterday's Open / Close0.944661 USD / 0.947777 USD
Yesterday's High / Low0.95186 USD / 0.936622 USD
Yesterday's Change
0.00% ( 0.003116 USD )
Yesterday's Volume10,034,400.23 USD
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