stUSDT strengthens its position in DeFi with groundbreaking RWA integration, $58.6 million in rewards, and record ecosystem growth in 2024.

stUSDT It is the first protocol for real-world stable returns on assets (RWA) on the TRON and Ethereum networks. Leading the way in narrowing the gap between retail and institutional investors, stUSDT is looking forward to a strong operational and financial year. The year's achievements were driven by intuitive problem solving and the company's strong desire to create fair opportunities for everyone to engage with real-world assets.

In 2024, stUSDT continues its involvement in exploring the integration of stablecoins with RWAs. The projects it has implemented and the developments it has made have helped strengthen stUSDT's position within the DeFi ecosystem and RWA space. Below are some of the accomplishments stUSDT has achieved in the past year.

Key metrics

stUSDT has made significant progress in various areas in 2024. Having gathered 25.5 thousand members, stUSDT has had a fruitful year in terms of community engagement. With the signing fee set to zero, the company now has 59.3 million 353 thousand shareholders. Furthermore, the platform distributed $58.6 million in rebase rewards. The unlocking fee is set at 0.1%. These accomplishments reflect stUSDT's overall appeal and commitment to affordability.

Product upgrades

2024 has been a dynamic year for stUSDT, especially in terms of product upgrades. In September 2024, stUSDT introduced a more unified and streamlined user experience by integrating asset investment strategies on Ethereum and TRON.

In November 2024, stUSDT adopted an upgraded strategy that mixes RWA with on-chain investments. This effort was made to improve APY and generate higher returns for users while also ensuring that their assets are safe.

In July 2024, ChainSecurity conducted a detailed review of stUSDT’s smart contract. The report and resulting white paper revealed that no critical or risky security vulnerabilities were found. This guarantee demonstrated stUSDT's clear position within the real-world asset sector.

Ecosystem growth

With improved strategies, the stUSDT ecosystem saw explosive growth in 2024. In May, wstUSDT was listed on liquidity recovery platform Swell L2, diving into the LRT space.

In early 2024, wstUSDT rose to second place in terms of Total Value Locked (TVL) in the JustLend DAO lending market. Furthermore, in January 2024, stUSDT joined the global HTX DAO ecosystem as a contributor, providing insights to improve the HTX DAO partnership network and enhance its protocol.

Merger

Another reason to celebrate the stUSDT team is their integration milestones. In January 2024, stUSDT was officially integrated into DeFi analytics platform DefiLlama, where it has been consistently ranked as the second largest real world asset (RWA) project by Total Value Locked (TVL).

Community events

On top of the accomplishments already mentioned, stUSDT has hosted numerous events to strengthen its community ties. In March, the stUSDT team sponsored an event where participants could share their cryptocurrency stories in exchange for rewards.

In August 2024, stUSDT collaborated with JustLend DAO and USDD to host a summer Airdrop party in three stages. Building on this momentum, in November 2024, stUSDT partnered with web3 task collaboration platform TaskOn to launch a promotion.

Finally, in December 2024, stUSDT co-hosted a Christmas celebration event with TaskOn, which was a huge success.

conclusion

total, stUSDT Enjoy a prosperous year. By putting transformation at the center, stUSDT has made significant progress in its initiatives. stUSDT was able to make great strides in growing its ecosystem, developing its tools and engaging its community in 2024. Looking to the future, 2025 could be an even more productive year for the protocol.