Summary:
This proposal seeks to whitelist CRV gauges for the following Ethereum pools with the Gauge Controller:
dUSD/frxUSD
Pool link
Gauge link
Useful Links:
Website: dtrinity.org
Documentation: docs.dtrinity.org
Github Page: github.com/dtrinityDiscord: discord.gg/dtrinity
Twitter: x.com/dtrinity_defi
DefiLlama: defillama.com/protocol/dtrinity2025 EOY Report: dtrinity.org/post/dtrinity-v1-review-intro-to-v2
Risk Disclaimer: Disclaimer
Protocol Description:
dTRINITY, short for “DeFi Trinity",” is the world’s first subsidized stablecoin protocol, designed to stimulate onchain credit expansion by actively subsidizing its native stablecoin’s borrowers with interest rebates, funded by exogenous reserve earnings (float revenue). Thanks to subsidized borrowing costs, credit demand and utilization are boosted, naturally raising yields for lenders. Borrower activity also increases money velocity, trading volume, and fee generation for LPs.
dTRINITY consists of 3 core components:
dUSD: An ERC20 decentralized stablecoin soft-pegged to USD, backed 1:1 by onchain reserves of other stablecoins and yieldcoins (e.g., frxUSD, sfrxUSD, DAI, sDAI). dUSD can be minted or redeemed atomically using whitelisted reserve assets. It is the protocol-issued unit of account, serving as the native medium of exchange, credit, and liquidity.
dLEND: A specialized Aave v3 fork that enables lending deposits for dUSD. Lenders can supply dUSD, and borrowers can pledge multiple collateral to borrow dUSD. Lenders earn yield and points, while borrowers earn rebates that reduce their net interest rate. Lenders can also stake dUSD into an ERC4626 vault to mint sdUSD, a liquid lending vault token. Staked dUSD in the vault is automatically supplied into dLEND to earn yield and points. sdUSD can be staked and unstaked atomically, subject to available liquidity in dLEND.
Curve: The primary DEX of the dTRINITY ecosystem where dUSD and sdUSD liquidity pools are deployed. Curve enables low-slippage swaps between dUSD, sdUSD, and other assets as well as yield opportunities for LPs. It is also the core venue for dLEND’s collateral liquidation operations.
Motivation:
Since launching on Fraxtal in December 2024, dTRINITY has successfully validated its subsidized stablecoin thesis, with dUSD consistently outperforming stablecoin market rates during the protocol’s first year in production. Healthy LP incentives also enabled dUSD and sdUSD liquidity pools to rank among Curve’s top pools for multiple weeks in a row in 2025. Now, dTRINITY is bringing its proven model to Ethereum with an official V2 expansion this month.
Specifications:
Governance: The TRIN governance token will be launched within 2025, empowering the community with governance rights over dTRINITY. Currently, core contributors utilize a 2/3 multisig wallet to deploy and manage its smart contracts (soon to be updated to 3/5).
Oracles: For more details, please refer to Section 4 of the 2025 EOY Report.
Audits: dTRINITY has completed 5 third-party security audits since inception, most recently with Hashlock in Q4 ‘25 (link). Past audits with Hats Finance, Halborn, Cyberscope, and Verichains can be found here.
Centralization vectors: Prior to to the TGE of TRIN (planned for H2 ‘26) and the implementation of community governance, the protocol is operated by core contributors, including reserve management, risk management, and open market operations.
Market History: For more details, please refer to Section 5 of the 2025 EOY Report.