WARP by USTX Team - An easy to use DeFi app to maximize USDD yield

TRON Hackathon Hackathon Season 2
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Warp pill #9: What advantages derive from WARP for USTX users?

I think this is a very interesting topic to explain. WARP fits together in the USTX ecosystem. USTX is the first attempt to create a low volatility asset on Tron, something in between stablecoins and normal tokens/coins. In the USTX platform we have a DEX, a voting portal, a staking app, a portfolio app and the Teleport multichain bridge (Tron, BTTC, BSC, CRONOS). WARP blends in and adds new opportunities both for USTX holders and users of the Tron blockchain that don’t have USTX in the wallet.

For USTX users the benefits brought by WARP are twofold:

  1. A part of the rewards is used for weekly tokens buyback. This increases the buyback already present and gives a constant push over USTX price and provides sustainable staking rewards (up to 12%)
  2. The highest APR (over 36% on last epoch) is achieved by holding USTX in staking. This is like a fidelity reward for users that are already committed to USTX, but works as an incentive for new users to buy USTX before entering WARP, just to get the 50% increase in the APR.

After we announced and launched WARP we’ve seen a significant increase in buy volume on USTX, but an image is worth a thousand words…

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People finally can see the potential of this amazing project. :gem: The best devs

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Looks very interesting :grinning:

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Wow exciting chart!! Well done

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Hard work and patience are always repaid. Let’s go!

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Good job team … loved the topic

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Great work! Well done👍🏻

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Ustx is the future in DeFi world. to make the world a better place sure Ustx will take its first place as a unifier in the community.

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Great project… I will follow :clap:t2::clap:t2:

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This is the future in Defi World, very full!

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Ustx is the future in DeFi world.

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Nice project. Is good project

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WARP TVL keeps increasing, it’s close to 30,000 USDD now. More and more users are ready to enjoy the 30%+ APR that WARP can generate.

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Warp is a fantastic project. In this period the best

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fantastic project, nothing like it, truly innovative. Great team and great community

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Update: WARP simulator is online

We’ve just released an update of the WARP dAPP to help user understand how many USTX must be held in staking to get the maximum WARP benefits (WARP 5.0). Check it out!

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Development never stops!

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Hey could you explain more about where the profit comes from? And what will you guys do to keep a high APR?

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The likit now is 10000. Tomorrow ilat epoch change it will be raised to 15000. We’ll increase every epoch up to 25000.

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Sure. Basically WARP manages two interfaces, one with the end user and one with the Tron landing and farming apps.
The user can enjoy a simple GUI very similar to many other staking dApps: deposit, claim rewards, compound, withdraw, etc…
But behind the scenes the contract interacts with JustLend, Sun.io farms, SunSwap and other applications. The user USDD are deposited in JustLend, than TRX are borrowed and added along USDD to Sunswap LP. The LP tokens are put in farming on Sun.io.
The user rewards come from different sources: lending interest on JL, farming on Sun and swap fees form Sunswap. They are collected every week and shared with the users.

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