Learned by 1.8k usersPublished on 2024.03.29 Last updated on 2024.12.24
Tokens
1. Project Introduction
stUSDT is the first Rebase-based RWA (Real World Asset) platform on the Tron network, allowing users to stake their USDT and earn returns from real-world asset investments. When users stake USDT, they mint stUSDT at a 1:1 ratio. The stUSDT-RWA contract supports 1:1 redemption of stUSDT back into USDT and distributes rewards using the Rebase mechanism. Assets in the stUSDT-RWA contract are invested in short-term government bonds. Wrapped Staked USDT (wstUSDT) is the non-rebase version of stUSDT.
Summary: stUSDT can be seen as the Web3 equivalent of a money market fund, allowing users to stake USDT and earn RWA rewards. Such RWA products bridge traditional fixed-income financial products like bonds with the crypto space, creating a cross-asset gateway between digital and real-world assets. As of now, the total staked amount is $240 million, with 352,000 stakers.
2. Team & Investment Info
stUSDT was launched by RWA DAO and is operated by JustLend DAO.
Funding: NA
3. Social Media URLs
X: https://x.com/stusdtio
Telegram: https://t.me/stUSDTofficial
Medium: https://medium.com/@stusdt
4. Token Info
Token Symbol: WSTUSDT
Total Supply: 213,846,225
Token Type: TRON
Contract Address: https://tronscan.org/#/token20/TGkxzkDKyMeq2T7edKnyjZoFypyzjkkssq
Token Distribution: 100%
5. Related Links
Official Website: https://stusdt.io/
White Paper: https://stusdt.io/whitepaper.pdf
Other Info: https://www.rootdata.com/Projects/detail/stUSDT?k=MTA3NjA%3D