TUSD Monthly Report: September 2022

TrueUSD
4 min readOct 1, 2022

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TUSD market cap: $978,772,357

Ethereum: 550,363,981 TUSD

TRON: 324,795,176 TUSD

BNB Chain: 113,000,000 TUSD

Fantom: 1,467,643 TUSD

Polygon: 7,195,626 TUSD

Avalanche Protocol: 3,762,131 TUSD

Arbitrum: 1,000,605 TUSD

Optimism: 2,199,575 TUSD

Cronos: 31,001,000 TUSD

HECO: 396,429 TUSD

Binance Chain: 512,268 TUSD

(Last updated on September 30)

DeFi

1. On September 2, TUSD launched the fourth round of the reward pool on Votium. The TUSD-3CRV reward pool is still open for voting, with a total of 80,000 TUSD offered as rewards to attract votes from vlCVX holders.

2. On September 2, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium. The pool offers a total of 20,000 TUSD as rewards to attract votes from vlCVX holders.

3. On September 6, TUSD was listed on the Peg Stability Module (PSM), where users can swap between TUSD and USDD at a fixed rate of 1:1 without slippage and transaction fees.

4. On September 16, TUSD launched the fifth round of the reward pool on Votium. The TUSD-3CRV reward pool is still open for voting, with a total of 160,000 TUSD offered as rewards to attract votes from vlCVX holders, double the previous rewards.

5. On September 16, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium. The pool offers a total of 20,000 TUSD as rewards to attract votes from vlCVX holders.

6. On September 21, TUSD launched its TUSD-USDC LP pool on Velodrome (Optimism-based) and invested 6,000 TUSD as bribes to attract votes from veVELO holders.

7. On September 26, TUSD’s TVL in the TUSD-3CRV pool on the decentralized exchange Curve Finance exceeded $100 million.

8. On September 27, TUSD launched the second round of its TUSD-USDC LP pool on Velodrome (Optimism-based). The pool offers a total of 6,000 TUSD as rewards to attract votes from veVELO holders.

9. On September 28, DeFi lending protocol Sturdy began to support TUSDFRAXBP LP. After receiving LP tokens for adding liquidity to the TUSDFRAXBP pool on Curve, users can deposit the tokens into Sturdy for returns or use them to collateralize interest-free loans of USDC, USDT, DAI, and other assets.

10. On September 29, TUSD launched the sixth round of the reward pool on Votium. The TUSD-3CRV reward pool is still open for voting, with a total of 160,000 TUSD offered as rewards to attract votes from vlCVX holders.

11. On September 29, TUSD launched a new round of the TUSDFRAXBP reward pool on Votium. The pool offers a total of 20,000 TUSD as rewards to attract votes from vlCVX holders.

CeFi

1. On September 6, TUSD announced its support of Binance’s plan to convert TUSD to BUSD and encouraged users to try out the fast deposits and withdrawals of TRC20/ERC20/BEP20/BEP2 tokens on Binance.

2. On September 23, TUSD was added to the stablecoins in OKX’s Convert feature, which supports 1:1 swap of popular stablecoins without slippage.

Activity

1. On September 2, TUSD’s Asia-Pacific BD manager Joy appeared on a ChainBreaker Podcast as a guest and discussed with other crypto professionals on DeFi and the stablecoin.

2. On September 5, the leading Spanish crypto exchange Bit2Me was invited to the TUSD Talk Live AMA as a guest.

3. On September 6, TUSD launched the “TUSD Tutorial” in its official Discord server.

4. On September 9, Truly Class: Lesson 16 “What Can Audit Firms and Audit Reports of Mainstream Stablecoins Reveal to Us?” was published, expounding why audit matters so much to stablecoins backed by the US dollar.

5. On September 13, Truly hosted the first “Who do you see?” event on its Twitter account.

6. On September 20, Truly posted a brand-new activity “TrulyFillTheBlanks” on its Twitter account.

7. On September 22, “TUSD LP Pool Goes Live on Optimism-Based AMM Velodrome and Offers $TUSD Bribes” was published on TUSD’s official communication channels to help users better understand Velodrome and attract their participation.

8. On September 22, TUSD’s Tech lead Terrance voiced his opinion on the latest proposal of adding TUSD as a collateral asset to Compound markets in a Discord live stream.

9. On September 27, Truly hosted the second “Who do you see?” event on its Twitter account.

10. On September 28, TUSD launched a giveaway of 500 USDT on Twitter to celebrate its number of followers exceeding 50,000.

11. On September 30, Truly Class: Lesson 17 “History of Vote Buying in DeFi Governance” was published, elaborating why vote buying is part and parcel of DeFi.

12. On September 30, decentralized stablecoin protocol Frax Binance was invited to the TUSD Live AMA as a guest.

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TrueUSD

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