$2M Season 3 of TRON DeFi Summer Opens With 60 Days of Boosted APR on JustLend DAO
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DeFi Summer Season 3
TRON DeFi Summer S3 starts on Oct 4 at 08:00 SGT (Oct 4, 00:00 UTC) with 60 days of Boosted APR incentives and a $2M reward pool, @DeFi_JUST announced (Oct 3, 09:00 UTC). The pools cover TRX, USDD, JST and SUN on JustLend DAO, reached through Binance Wallet DeFi. @trondaoCN gave the activity period as running until Dec 2, 23:59 UTC (Oct 3, 04:43 UTC).
Of the $2M total, $100,000 is allocated directly to the SUN pool, @OfficialSUNio stated (Oct 3, 08:24 UTC). The TRX pool is $1 million, according to @DeFi_JUST (Oct 3, 04:33 UTC). @sunyuchentron also posted that the third season of TRON Carnival is about to open on Binance Wallet (Oct 3, 03:01 UTC).
Treasury and ETF
Tron Inc. (NASDAQ: TRON) acquired 148,252 TRX at an average price of $0.3373, taking its treasury to more than 717.1 million TRX in total, @TRON_INC reported (Oct 3, 02:07 UTC). The company stated it aims to further grow its Tron DAT holdings to enhance long-term shareholder value.
@justinsuntron wrote that it was "a great week in Chicago celebrating a major milestone for the TRON ecosystem with TRXS," and thanked Canary Funds and Cboe (Oct 3, 04:50 UTC). The Canary Staked TRX ETF (TRXS) is now live on Kraken, according to the weekly recap for Sep 26 to Oct 2 from @trondaoCN (Oct 3, 10:43 UTC).
Wallets and Payments
Binance Wallet now supports paying gas fees in USDT on the TRON network, per the same @trondaoCN weekly recap (Oct 3, 10:43 UTC). TronLink promoted its current iOS v4.22.3 release, which supports iOS 15.1 and above, @TronLinkWallet posted (Oct 3, 14:10 UTC). Apple lists v4.22.3 as having been released on Sep. 23.
On CoinsBee mobile, entering the code USDT-TRC and paying with USDT on TRON gives a 2% discount until Oct 5, @trondaoCN posted (Oct 3, 05:45 UTC). A separate @trondaoCN post described a two-day TRON visit to Hanyang University in South Korea, with meetings between developers and students (Oct 3, 11:00 UTC).
Project Updates
TRON DAO Forum — latest topics
User Nikslon posted "OTCSwap — Non-Custodial OTC Swaps Within TRON and Across Ethereum, Base & Arbitrum" in the TBL category (Oct 3, 09:21 UTC). The post describes OTCSwap as a non-custodial protocol for settling trades between counterparties who have already agreed on assets and price. The poster claims the contracts are deployed on four mainnets, that same-chain deals settle in one transaction, and that cross-chain deals use hashlocks and timelocks. The poster states the protocol fee is capped by contract at 0.1% of each participant's contribution, that no independent security audit has been completed, that no external funding has been received, and that the project is seeking its first external users. The funding amount is left undefined. This is an unverified project pitch from a one-person team on a public forum. https://forum.trondao.org/t/otcswap-non-custodial-otc-swaps-within-tron-and-across-ethereum-base-arbitrum/34530