USDD’s TRON DAO Reserve shuts down its DAO
USDD, a Justin Sun-affiliated stablecoin, purports to be governed by the TRON DAO Reserve, but in actuality, no DAO exists.
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USDD, a Justin Sun-affiliated stablecoin, purports to be governed by the TRON DAO Reserve, but in actuality, no DAO exists.
Read more (2 min) →Despite Sun and USDD's claims that it is governed by a DAO, there are no governance votes that seem to correspond to the change.
USDD, an algorithmic stablecoin, stores part of its collateral at HTX, a fact that no partners were willing to address.