The document describes the new version of USDD as a “fully decentralized stablecoin backed by crypto collateral,” and maintains a 1 USD peg as an overcollateralization system. The core features section of the official document lists decentralized governance, transparency, auditability, overcollateralization security, DeFi integration, unfreeze transactions, and multichain as key features. (USDD Docs) Rather than a simple payment token, USDD is closer to a stablecoin protocol that applies the MakerDAO-based CDP structure to a TRON-centered multi-chain environment. In its USDD V2 audit summary, ChainSecurity explains that USDD V2 implements a fork structure from TRON to the MakerDAO Protocol and now...
Investment View
First, the document explains that Smart Allocator's selection of investment targets relies on risk review and dynamic monitoring by the USDD and JUST DAO teams. Second, the governance document refers to community-driven governance, but specific voting procedures and implementation details are limited in the document. Third, Oracle uses Chainlink and WinkLink Data Feeds, so there is external data provider risk. Fourth, Risk Alert's email notifications are clearly an off-chain user notification infrastructure. Therefore, evaluating the decentralization of USDD should be viewed separately from “asset-freezing token design” and “operational dependence of governance, investment management, oracle, and frontend”. Protos raised critical questions...
Source PDF
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Report Type
Crypto Economy Analysis
Version
v1
Analysis Date
May 26, 2026
Language
en
Disclaimer: This report is generated through AI-powered analysis and market data. This is not investment advice. All investment decisions should be made at your own risk.