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L2Pass Yield

1

Visit earn.l2pass.com

Open https://earn.l2pass.com to access the Yield product.
2

Connect Wallet

The user connects a TRON-compatible wallet to the L2Pass interface. The wallet is authenticated, the TRON network is verified, and the user’s USDT and TRX balances are displayed.User flow – connect wallet
To use the product, you need a TRON-compatible wallet such as TronLink.
You can top up your USDT (TRC20) balance from any centralized exchange (CEX) or swap & bridge stablecoin assets from EVM-chain using our non-custodial, no-KYC Bridge.
3

Deposit USDT

The user selects an amount of USDT (TRC20) and confirms the deposit transaction in their wallet. The interface displays information about the next weekly reward distribution and required network resources.User flow – deposit USDT
Executing deposits on TRON requires Energy or the burning of TRX for gas fees. For maximum cost-efficiency, we recommend using Energy Rental services like netts.io, which typically reduce transaction overhead by ~80% compared to burning TRX.
4

Smart Liquid Vault

User-deposited USDT is held in the L2Pass Smart Liquid Vault, which manages accounting and executes the yield strategy on-chain.PSM: USDT → USDD USDT is converted to USDD via the Peg Stability Module (PSM) at a 1:1 ratio.

JustLend: Supply USDD → jUSDD The resulting USDD is supplied to JustLend and represented as jUSDD, generating base lending yield.
**Unwind Process: **Withdrawals follow the reverse sequence: jUSDD is redeemed from JustLend, converted back to USDT via the PSM, and returned to the user.
5

Mint Position NFT

A non-transferable Soulbound NFT is minted to your wallet upon your first deposit. This unique asset serves as your position receipt, programmatically tracking your principal, rewards, and ownership on-chain.L2Pass Position NFT
Your initial deposit incurs a higher Energy cost due to the one-time minting of your Soulbound NFT position. Because this NFT is only minted once per account, all subsequent deposits are significantly more efficient, typically requiring 40% less in network resources.
6

Claim Rewards

Yield begins accruing automatically from JustLend lending rates and protocol incentive distributions.User flow – claim rewards
Rewards accrue continuously and are finalized on a weekly basis.
Users can claim rewards for all completed reward epochs in a single transaction.
7

Withdraw Principal

The user may withdraw their principal partially or in full at any time.User flow – withdraw principal
Previously accrued rewards remain claimable even after principal withdrawal.