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2 posts tagged with "TRX"

TRON native token TRX and its role in the resource model.

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Hacks Deserve No Applause. User Assets Deserve Protection.

· 11 min read
Chris Gayle
Chris Gayle
Backend Engineer @CatFee

How an industry treats victims reveals how seriously it takes user assets.

After an exchange is attacked, technical discussion moves quickly: how the attacker obtained access, which addresses received funds, and which assets can be frozen. Such analysis helps trace losses and repair systems. But when the conversation becomes admiration for the attack or excitement about price movements, the ownership of those assets—and the people bearing the consequences—can disappear from view.

Other businesses face a test as well. A competitor's security incident may bring customer migration, commercial opportunities, or a temporary rise in certain assets. That is precisely when service providers should examine their own conduct: is the information accurate, is the recommended service appropriate, and is someone else's anxiety being used to close a sale?

Hacks deserve no applause. User assets deserve protection. That standard applies to the affected platform and to every provider seeking users' trust, including CatFee.

Is USDD Worth Holding for Its High Yield?

· 5 min read
Chris Gayle
Chris Gayle
Backend Engineer @CatFee

USDD

What Is USDD?​

USDD (Decentralized USD) is a decentralized stablecoin introduced by the TRON ecosystem in May 2022. It aims to provide a transparent, decentralized crypto asset with a stable value pegged to $1. Unlike traditional stablecoins such as USDT and USDC, USDD uses smart contracts and algorithmic mechanisms to adjust its supply, supported by the TRX ecosystem to help maintain stability.

Recently, USDD staking yields have reached as high as 20%, attracting considerable investor attention. Below, we examine USDD's risks and operating mechanisms in detail.