Geneva, Switzerland, September 13, 2022, Chainwire
Blockchain.com listed TRONthe native TRX utility token on its platform. Several incentive programs will be showcased, including one that allows users to earn up to 8% annual rewards for users who hold their TRX in a Blockchain.com rewards account.
TRX is available to send, receive, buy, sell, trade, and earn rewards in the Blockchain.com Wallet and to deposit, trade, and withdraw on the Blockchain.com Exchange, making TRX more accessible to people around the world. With this addition, Blockchain.com is working to grow the Web3 landscape by attracting more notable public Layer 1 blockchains.
Blockchain.com is an early cryptocurrency company that started as the first Bitcoin blockchain explorer in 2011 and later created a cryptocurrency wallet and exchange. In addition to its consumer offerings, they provide a one-stop shop for institutional clients that includes trading, custody, and OTC lending capabilities. With its strong balance sheet, technology and market expertise, they partner with institutional clients to create bespoke solutions tailored to specific objectives. The oldest crypto platform has a reputation for helping boost the liquidity of newly listed tokens as it becomes available to millions of users.
Over 37 million verified users worldwide and 84 million wallet holders use Blockchain.com products, opening up exposure to TRX among a large community of users. There are millions of dollars in volume every day on the platform and several different features, including rewards accounts where users who hold their TRX with Blockchain.com will be able to earn up to 8% in annual rewards.
TRX is a TRC-20 utility token that enables authority of the TRON protocol and its dApp ecosystem. TRON strives to become a framework for the decentralized web. Offering users fast and inexpensive transactions, its network is optimized for speed and scalability. As a native token in the TRON mainnet, TRX is used to power smart contracts, pay transaction fees, and serve as a unit of account in the TRON ecosystem.
TRX’s listing on Blockchain.com and other major platforms has been a common theme for TRON DAO throughout the year. Staking rewards, improving liquidity, and expanding user reach have all helped expand the TRON ecosystem to become much more mainstream. The efficient delegated proof-of-stake consensus mechanism and wide range of utilities for businesses and developers to leverage its network have helped TRON become one of the largest public chains in the world, with 2,000 TPS , over 110 million accounts, and more. more than 3.8 billion transactions. This latest listing makes TRX more publicly available to use on TRON dApps to further develop the ecosystem.
About TRON DAO
TRON is dedicated to accelerating the decentralization of the Internet through blockchain technology and decentralized applications (dApps). Created in September 2017 by HE Justin Sunthe TRON network has continued to deliver impressive achievements since the launch of MainNet in May 2018. July 2018 also marked the integration of the ecosystem of BitTorrent, a pioneer of decentralized Web3 services with over 100 million monthly active users. The TRON Network has gained incredible traction in recent years. As of August 2022, it had over 110 million total user accounts on the blockchain, over 3.8 billion total transactions, and over $13.2 billion in total value locked (TVL), as shown on TRONCAN. Additionally, TRON hosts the largest circulating supply of USD attachment (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed its full decentralization in December 2021 and is now a community-governed DAO. More recently, the over-collateralized decentralized stablecoin USDD was launched on the TRON blockchain, backed by the first-ever crypto pool for the blockchain industry – TRON DAO Reservemarking the official entry of TRON into decentralized stablecoins.
TRON Network | TRONDAO | Twitter | Youtube | Telegram | Discord | Reddit | GitHub | Medium | Forum
– Advertising –