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The dTRINITY ecosystem offers three main methods for users to earn rebates yields/fees and rewards:
  1. Supply collateral & borrow dUSD to earn rebates + rewards
  1. Supply dUSD to earn yield + rewards
  1. LP in dUSD liquidity pools to earn fees + rewards

Borrow dUSD to Earn Rebates + Rewards

dUSD borrowers earn a variable Rebate APY based on their outstanding debt, which is funded by dUSD's exogenous reserve earnings.
Borrowers can supply multiple collateral assets to take out dUSD loans and pay a variable Borrow APY. However, they also earn the Rebate APY, which can be claimed separately in dUSD. If the Rebate APY is higher than the raw Borrow APY—especially when utilization is low—the net Borrow APY could actually become negative (i.e., get paid to borrow without paying any interest).
Additionally, borrowers who supply eligible assets as collateral may earn third-party rewards. Below is the latest list of supported assets that are eligible for third-party rewards:
Lending Protocol
Supplied Asset
Issuer
Network
Rewards
dLEND
Frax Finance
Fraxtal
FXTL Points
dLEND
Frax Finance
Fraxtal
FXTL Points
dLEND
Frax Finance
Fraxtal
FXTL Points
dLEND
Frax Finance
Fraxtal
FXTL Points
dLEND
Ethena
Fraxtal
ENA Points ⏳
dLEND
USDe ⏳
Ethena
Fraxtal
ENA Points ⏳
dLEND
FRAX (fka FXS) ⏳
Frax Finance
Fraxtal
FXTL Points ⏳
dLEND
FXB20251231 ⏳
Frax Finance
Fraxtal
FXTL Points ⏳
dLEND
FXB20551231 ⏳
Frax Finance
Fraxtal
FXTL Points ⏳
TBD
Others (TBD)
TBD
TBD
TBD
ℹ️
For more information about interest rebates, please refer to dUSD StablecoindUSD Stablecoin.

Supply dUSD to Earn Yield + Rewards

dUSD suppliers earn a variable Supply APY on their deposits, which is paid by borrowers with outstanding debt.
Based on dLEND’s current interest rate model, dUSD lenders are expected to earn about 5% APY at optimal utilization (the “kink”). However, the presence of borrowing subsidies could raise the effective equilibrium of utilization above the kink. At just 91% utilization, for example, lenders are expected to earn about 10% in Supply APY.
In addition to the variable Supply APY, dUSD lenders may earn dT Points from dTRINITY as well (pre-TGE). Eventually, dT Points will be converted to/replaced by the TRIN token within 2025 (post-TGE). Lenders may also earn third-party rewards. Below is the latest list of eligible rewards for supplying dUSD:
Lending Protocol
Supplied Asset
Network
Rewards
dLEND
Fraxtal
dT Points, FXTL Points
TBD
Others (TBD)
TBD
TBD
ℹ️
For more information about protocol rewards, please refer to dT PointsdT Points and TRIN TokenTRIN Token.

LP dUSD to Earn Fees + Rewards

LPs who supply liquidity to designated dUSD pools on external DEXs (including dPOOL users) may receive earnings and rewards from several sources:
  • Swap fees from traders, including dUSD lenders and borrowers
  • dT & FXTL Points, to be converted to/replaced by tokens within 2025
  • FRAX (fka FXS), for dUSD pools paired with Frax assets only
  • CRV, for dUSD Curve pools only
  • And more (TBD - pending future partnerships)
Below is the latest list of liquidity pools that are eligible for rewards:
DEX
Pool
Type
Network
Rewards
Curve
Stablecoin/Stablecoin
Fraxtal
dT Points, FXTL Points, FRAX (fka FXS), CRV
TBD
Others (TBD)
TBD
TBD
TBD
Users may also stake their LP tokens in other protocols like Convex Finance for yield optimization. Below is the latest list of eligible staking platforms:
Staking Protocol
LP
Network
Additional Rewards
Convex Finance
Fraxtal
CVX ⏳
TBD
Others (TBD)
TBD
TBD
ℹ️
For instructions on how to lend, borrow, and LP, please refer to our 🎮User Guide.