source avatarGOYAN

Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

USDD Quick Guide - How to Use Your BTC More Efficiently Before you can mint USDD using Bitcoin, there’s an important first step: getting your BTC onto the TRON network in a usable form. 🔥 Step 1: Get WBTC on TRON Bitcoin doesn’t natively exist on TRON, so you’ll need a wrapped version called Wrapped Bitcoin. WBTC represents your Bitcoin 1:1, but in a format that works on TRON. You can obtain WBTC on TRON by: • Bridging BTC from another network (like Ethereum or Bitcoin mainnet) • Using supported exchanges or cross-chain services that provide TRON-based WBTC 🥳 Step 2: Deposit WBTC and Mint USDD Once you have WBTC on TRON, you can deposit it into a supported DeFi platform and mint USDD. This process lets you: • Unlock liquidity → You get spendable USDD without selling your Bitcoin • Keep your BTC exposure → Your WBTC still represents your BTC holdings • Earn additional rewards → Use USDD across DeFi platforms for incentives, yields, or staking In simple terms: you’re borrowing against your BTC instead of selling it. Why This Matters Instead of letting your Bitcoin sit idle, you can: •Maintain long-term BTC ownership •Access stable liquidity (USDD) •Put that liquidity to work in yield strategies This is a common DeFi approach to make assets more productive. Tip: Save on Fees with Energy Rental Transactions on TRON require “energy” (a resource similar to gas fees). To reduce costs, you can use JUSTLend DAO Energy Rental. Benefits: •Lower transaction costs •More efficient interaction with DeFi apps •Especially useful if you plan to mint, stake, or move funds frequently In One Sentence Convert your BTC into WBTC on TRON, use it as collateral to mint USDD, and then use that USDD to earn yields- all while still holding your Bitcoin exposure. @justinsuntron #TRONEcoStar @usddio

No.0 picture
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.