This article was first published on Stories by TRON Foundation on Medium
Tether is now issuing USD-pegged stablecoin USDT on TRON blockchain.
The TRON based token is an upgrade from the OMNI protocol based USDT, which now allows to
- hold and transfer via smart contract on TRON,
- with a completely free and transparent process,
- 0 transfer fee,
- and instant delivery.
It enables interoperability with TRON-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the TRON Network.
TRON will reward TRC20 based USDT holders with 20 million USDT for 100 days.
From April 30th to August 7th, TRON will be working with the world’s leading digital asset exchanges including Huobi, OKEx, etc. on this campaign. This incentive has 4 distinctive features:
1. Long duration: the whole incentive program lasts for a duration of 100 days;
2. Attractive reward: the annualized interest rate reaches as high as 20%
3. Free of charge: users are expected to pay nothing to get the reward
4. Gigantic prize pool: based on the current total amount of USDT, the total giveaway will be $20 million and there is no cap if there are special circumstances.
More about USDT incentive plan:
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Stories by TRON Foundation on Medium