dTRINITY Announces Mainnet Debut on the Fraxtal L2 Network

dTRINITY, a next-generation stablecoin liquidity protocol, has announced its mainnet debut on the Fraxtal L2 network. The platform is designed to lower interest expenses and improve yields for stablecoin users.

Singapore, Singapore, 18th December, 2024, Chainwire

dTRINITY, a next-gen stablecoin liquidity protocol, has announced its mainnet launch on the Fraxtal L2 network. The platform is designed to reduce borrowing costs and maximize yields for stablecoin users, addressing a critical challenge in DeFi: rising credit costs.

At the heart of dTRINITY is a protocol-native stablecoin (dUSD) that acts as the unified liquidity layer between its money markets (dLEND, an Aave v3 fork) and external liquidity pools (e.g., Curve). Backed 1:1 by an on-chain collateral reserve of stablecoins (USDC, FRAX, DAI) and yieldcoins (sFRAX, sDAI), dUSD combines the strengths of both worlds. The reserve generates exogenous yields, which are channeled to fund continuous interest rebates for dUSD borrowers on dLEND, reducing their effective borrowing costs. This mechanism stimulates borrowing demand, driving sustainable utilization and yields for dUSD lenders.

The launch on Fraxtal marks the genesis of dTRINITY, in a strategic collaboration with Frax to optimize ecosystem liquidity and user incentives. Fraxtal is an EVM-equivalent rollup with a scalable smart contract platform and efficient execution environment powered by the OP stack. Users can leverage Fraxtal’s fast transaction speeds, minimal gas fees, robust network security, and unique blockspace rewards to maximize their benefits.

In the upcoming roadmap, dTRINITY will expand to Ethereum and other emerging blockchains, enhancing cross-chain liquidity and interoperability with Fraxtal as the network scales.

Key Features of dTRINITY:

dTRINITY’s core contributors include the co-founders of Stably. The project has been in development since Q2 2024 and notably achieved 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. In terms of strategic advising, dTRINITY is supported by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, who bring their deep expertise in stablecoins and DeFi to guide the protocol’s development.

For more information, visit dtrinity.org and follow @dTRINITY_DeFi on X.

About dTRINITY

dTRINITY is the world’s first subsidized lending protocol, designed to reduce borrowing costs and maximize yields for stablecoin users in DeFi. The protocol is powered by dUSD, a decentralized stablecoin backed 1:1 by an on-chain yieldcoin reserve. Exogenous yields from the reserve are used to fund continuous interest rebates for dUSD borrowers on dLEND, reducing their effective borrowing rates. dTRINITY is now live on the Fraxtal L2, and it will be expanding to Ethereum plus other networks in the future.

Contact

Core Contributor

Kory Hoang

Trinity Foundation Ltd

[email protected]