dTRINITY Debuts Its Subsidized Lending Protocol on the Fraxtal L2 Network to Reduce Borrowing Costs and Enhance Yields for Stablecoin Users in DeFi

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 enhance yields for stablecoin users, addressing a key challenge in DeFi: rising credit costs.

At the heart of dTRINITY is a protocol-native stablecoin (dUSD), which serves 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 best attributes of both worlds. Exogenous yields from the reserve are channeled to fund continuous interest rebates for dUSD borrowers on dLEND, proportionate to their outstanding debts, reducing the effective borrowing cost. This mechanism stimulates borrowing demand and drives sustainable utilization and yields for dUSD lenders.

dTRINITY is launching on Fraxtal as its genesis network 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 speed, low gas fees, robust network security, and unique blockspace rewards, further amplifying 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 achieved 1st place at both the ETHVietnam and Fraxtal Hackathons earlier this year. Notably, dTRINITY is advised by the co-founders of Frax, Convex, Sky (formerly MakerDAO), Coin98, and Promontory Partners, bringing deep expertise from leading stablecoin and DeFi protocols to 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 enhance 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, lowering 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

hello@dtrinity.org