5 days ago • cryptodaily
TRON Collaborates with Nansen to Deliver In-Depth Insights from Blockchain Activity
Geneva, Switzerland, May 23rd, 2023, ChainwireThe TRON DAO team is thrilled to announce a partnership with Nansen, a prominent provider of blockchain data and research trusted by the world’s leading crypto teams and enthusiasts. In-depth, data-defined, insights about TRON user activity will now be available via Nansen's powerful suite of tools.Nansen offers users “blockchain data that no one else has, remarkably fast, the way your team works.” Nansen processes over 500 TB daily, labeling more than 250 million addresses across more than 16 blockchains, which represents more than 80% of all on-chain volume. Nansen Products exist to 10X user insights while reducing user workload. Query is a powerful, no-code, crypto analytics tool built for its most ambitious customers, providing exclusive access to professional analytics as well as an exclusive community to network with other top crypto leaders. Query enables programmatic blockchain data analysis with SQL and APIs across more than 15 chains, while tracking crypto across more than 45 chains, all in one interface.TRON is the preferred blockchain platform, ranking first in daily user activity, volume of transactions, and USDT stablecoin circulation. Over 46 billion USDT tokens circulate on TRON, 56% of the total USDT supply. With over 1.5 million daily active addresses and over 8 million daily transactions, TRON is becoming a global community for everyday commerce.Through the integration of TRON into Nansen's management and query solutions, all of those users can now access enriched data and gain deeper analysis of TRON's robust ecosystem. Furthermore, Nansen Pro's macro dashboard provides a comprehensive overview of TRON, empowering users with real-time, on-chain insights.This partnership represents just the beginning of the collaboration between TRON and Nansen, as it marks a significant step forward in their shared mission to provide unparalleled blockchain data and analytics services for a more trusting, knowledgeable, data-informed crypto community.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2023, it has over 161.5 million total user accounts on the blockchain, more than 5.6 billion total transactions, and over $12.5 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
12 days ago • cryptodaily
TRON DAO Announces Results of HackaTRON Season 4
Geneva, Switzerland, May 16th, 2023, ChainwireThe TRON DAO team, community representatives of the TRON blockchain platform, revealed the results for the fourth season of their popular HackaTRON competition. 500,000 USDD, a TRON-based decentralized, overcollateralized, multi-chain stablecoin, will be shared among the top projects. Judge-selected qualifiers will also be given application accessibility to TRON DAO Ventures and Huobi Ventures for potential capital funding.There were over 625 participants from 172 projects across six tracks, including DeFi, Web3, NFT, and GameFi, alongside the new Builder and Eco-Friendly categories.“Our thriving community's incredible talent and innovation were on full display for this season’s HackaTRON,” said Ejaz Merchant, Developer Lead with TRON DAO. “I want to express my gratitude to all the outstanding projects who submitted, all the partners, and the committed community members who made this event a success. Together, we are expanding blockchain technology's potential and promoting a cooperative, self-maintained ecosystem.”Judge-Selected Top FivesFirst place in each of the judge-selected categories receives 20,000 USDD, with second place entries receiving 15,000 USDD, third place 10,000 USDD, and fourth and fifth places 8,000 and 6,000 USDD, respectively.The new Builder category recognized teams returning to the hackathon that have made significant updates to their projects. First place this season went to the “Farming-as-a-Service” project by Elk Finance. This update to Elk Finance’s customer offerings will “allow everyone to harness the most advanced farming contracts in DeFi.” The projects that placed second through fifth in the Builder track were:Galaxy Throne by Galaxy ThroneJustMoney Spot by JustMoneyTronNRG by TronNinjasTronQL by TronQLIn the Eco-Friendly track, which showcased projects working towards sustainability and environmental stewardship via the TRON Climate Initiative, first place went to Ecomarket, an open marketplace for procuring used and recycled plastics. EcoMarket wants to build a platform that incentivizes recycling and clean storage of used plastics, while providing companies with reliable and transparent sources of recycled materials. The projects that placed second through fifth in the Eco-Friendly category were:MusiCoinCity by ElfWebCarboEx by CarboExForGreen by ForGreenBlockForest by BlockForestThe DeFi category was topped by Ergon. This project’s goal is to simplify user access to TRON Stake 2.0, providing savings on transaction fees by renting energy while earning by staking TRX. The projects that placed second through fifth in the DeFi track were:Cloak by CloakMyFend by Fend GroupSorrel Banq by Paracosm LabsSwirl Ads by Team SudoIn the NFT track, judges selected BobbyBot.Trade for first place. This decentralized application will allow users and players to trade their virtual assets (NFTs) on Steam-based games, such as Team Fortress and Counter Strike, for TRX, USDT, and USDD on TRON. The projects that placed second through fifth in the NFT category were:Evoie by EvoieSamhita DAO by HeritageSpeakSealKey by TRONNuggetzWine Vault by Wine VaultThe GameFi category was led by Duelers from TRONJoy. Players can choose “duel” or “tournament” mode to engage, create, and conquer the TRON community in the ultimate GameFi showdown! The remaining top five included:RevoluTRON by Irruption LabtheRevolt by Spirit-TowerCukies: Rush & Run by Cukies WorldMETASENS by METASENSIn the Web3 track, first place went to TrustSight by The TRONacles. Their project’s goal is to increase decentralized trust on the TRON blockchain via user reviews. It is essentially a crowdsourced reputation platform for on-chain actors, enabling TRON users to navigate the ecosystem securely and confidently. The projects that placed second through fifth in the Web3 category were:Daren Market by Daren MarketTronSave by TRONSAVEProvyLens by LensCraftersYinbox by Jeffrey LewisThe judge-selected qualifiers received 30% of their allocated prize for placing in the top five of their respective category on May 15, 2023. They have until June 1, 2023 to deliver a functional, decentralized application onto either the TRON or BitTorrent Chain MainNets in order to receive the remainder of their prize.Feroz Lakhani, Enterprise Lead with TRON DAO, commented, “This season has been the best yet! I'm really looking forward to connecting more deeply with some of the projects focused on environmental sustainability, as it aligns with our focus on being as eco-friendly as possible. For fun, I also love ‘quality testing’ all of the GameFi projects. That's what my next few weekends will be dedicated to, and I can't wait!”Community Forum Top FivesThe HackaTRON Community Forum voted to select “community” winners, as well. Here are the top five from each category:Web3CryptoDo by CryptoDoProvyLens by LensCraftersZkTickets by ZKP Tech SolutionsBlockMenu by BlockMenuYinbox by Jeffrey LewisDeFiErgon by USTXSwirl Ads by Team SudoSorrel Banq by Paracosm LabsUpDawg by uDawgDAOCloak by CloakGameFiCukies: Rush & Run by Cukies WorldDuelers by TronjoyRevoluTRON by Irruption LabWorlds Hardest Maze by WHMtheRevolt by Spirit-TowerNFTTNS Domains by SolidityGodsTNFT Maker by CubieWine Vault by Wine VaultTronGallery by TronGalleryEnergyNFTs by TRONArmyBuilderJustMoney Spot by JustMoneyTuruVerse by TuruGlobalTronNRG by TronNinjasDeba's Wulf Pack by The PackCukies World Metaverse by Cukies WorldEco-FriendlyTronPower by Lomotey JosephineAurorAqua by AuroraMusiCoinCity by ElfWebCarboEx by CarboExEcoDAO by EcoDAOThis season, there were also three bonus prizes for the best performances in project engagement, determination, and community contribution. The project engagement and determination prizes will be announced on June 1, 2023. The community contribution prize recipients included Akainuu, antonio, fabsltsa, Gordian, HODL, manfred_jr, Nana66419, nweke-nature1, Prince-Onscolo, and Youngyuppie. Each selected community contributor will receive 500 USDD.The TRON DAO team is thrilled with the quality of projects from Season 4 of the HackaTRON. Hackathons are just one of the ways developers are welcomed to #BUIDLtheFUTURE with TRON. Learn more about all that’s happening across the TRON ecosystem at TRONDAO.org.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of May 2023, it has over 160.0 million total user accounts on the blockchain, more than 5.58 billion total transactions, and over $12.2 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
26 days ago • cryptodaily
TRON DAO Team Leaves Consensus 2023 with Crypto Expectations High
Geneva, Switzerland, May 2nd, 2023, Chainwire The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 Blocks” sponsor this year, offering the highest tier of support. The quote, “I like to say I live in Austin, Texas because I can live where I want to,” is attributed to movie star Matthew McConaughey. For one week, the capital of Texas, the self-declared “Live Music Capital of the World” became the “Crypto Capital of the World.”What Is Consensus?“Consensus is the world's largest, longest-running, and most influential gathering that brings together all sides of the cryptocurrency, blockchain, and Web3 community,” its website declares. Since 2015, the conference has empowered “calibration, collaboration, and resolution for thousands of professionals and builders from around the world forging the future of finance and the new digital economy.”There were four “interest” tracks this year. “TradFi and DeFi” included sessions mapping out the future of finance and investing. “Builders” included deep dives into developing and building within crypto, blockchain and Web3. “Policy” explored the future of crypto policy and regulations with industry and government leaders. “Web3” focused on all things ownership economy, including NFTs, the metaverse, brand building, DAOs and more. Three summits also took place during C23: Money Reimagined, Crypto Policy, and Web3 Brands and Creators.TRON Whale NightThe TRON DAO team kicked the week off right with a smashing TRON Whale Night on April 25, 2023. All the major TRON partners and TRON whales who arrived the day before C23 partied together along with other crypto leaders at an indoor-outdoor, roof-top venue. “Keep Austin Weird” is an iconic statement about the city immortalized on local t-shirts and murals. TRON Whale Night was both weird and wonderful in a way only possibly in Austin, full of delightful drinks, fantastic food, and congenial company. Conversations abounded about TRON’s historic 2022, the innovations and partnerships announced in quarter one of 2023, and the prolific prizes randomly awarded throughout the night, including a number of TRON-branded Ledger and Tron branded backpacks.Highlights from the Week in Austin, TXAs TRON leaders participated in C23, they welcomed visitors to the most electrifying booth present at the conference. Large screens displayed data and digits about the people and power of the TRON ecosystem. TRON Bulls roamed around and even danced around in TRON Bull onesies. The Prize Wheel always had a wait with a long line full of excited present and future Tronics. TRON DAO team members connected with people, engaged with developers, collaborated with innovators, strategized with current partners, and answered questions for those curious about using as well as developing on TRON.TRON DAO leaders shared highlights from the week, which included:Hearing use cases for TRON from other countries from people who expressed thanks for providing a way for people and businesses to engage in commerceCreating connections at TRON Whale Night who later helped create connections during the week.Running into a TRON community member at the booth who got a t-shirt and backpack then showed up in all of his TRON swag later that nightChatting with all the intelligent people behind the innovative companies creating everyday utility with blockchain technologyMeeting developers already building on TRON along with a HackaTRON winner from a couple of seasons agoImagining all the future use cases coming out with a high value on interoperability across blockchainsLearning about the current state of protocols from the visionaries at the forefront pitching new ideas for protocol advancementGetting to wear the TRON Bull onesie and talk to so many people"TRON is the friendliest blockchain,” said a crypto leader who kept running into TRON representatives at side events, commenting about how the team works together to meet the needs of users and partners. Coming out of C23, the TRON DAO team made some high value connections and left with some high expectations regarding the significant opportunities ahead.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of end of April 2023, it has over 157.1 million total user accounts on the blockchain, more than 5.45 billion total transactions, and over $12 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
38 days ago • cryptodaily
TRON DAO Launches Podcast Interviewing Crypto Policy and Regulation Experts
Geneva, Switzerland, April 20th, 2023, ChainwireTRON DAO has launched the TRON Policy Report (TPR) Podcast as an informative conversation on the latest developments in cryptocurrency regulation. Host Andrew Hemingway, Policy Lead for TRON DAO, welcomes expert guests to deliver insights and analysis on the most current news and trends in crypto policy.With three episodes already released, the podcast has already covered topics such as the culture of current lawmakers, regulatory needs in the blockchain industry, and ways to add clarity and definition to existing laws for the crypto marketplace. The launch date for the first episode was February 15, 2023.EPISODE ONEIn the first TPR episode, Hemingway spoke with Ari Redbord from TRM Labs, a digital asset compliance and risk management company that monitors, detects, and investigates crypto fraud and financial crime. They discussed the future of crypto regulations, the focus of governing authorities, and the culture of current lawmakers.Redbord framed the current dilemma policy makers and regulatory authorities are facing when he rhetorically posed, “How do we thread the needle between ensuring that bad actors are not taking advantage of this new financial system yet at the same time providing the privacy that is necessary as people are transacting in a more and more open financial system?”Listen to the full interview here.EPISODE TWODr. Lisa Cameron joined TPR’s host for episode two. As a Member of Parliament (MP) in the United Kingdom, Dr. Cameron represents three districts near Glasgow, Scotland – East Kilbride, Strathaven, & Lesmahagow. She serves as a leader in the UK House of Commons and as chair of the crypto and digital assets all-party parliamentary group CryptoUK, which is the trade body representing the digital asset sector in the UK that works directly with policy makers & market participants to develop balanced policy.“We are at the start of a new industrial revolution,” Dr. Cameron explained. She described how her role in cryptocurrency regulation grew out of necessity once she realized this topic was not yet being discussed in parliament, despite the fact that millions of people in the UK were already engaged in cryptocurrency. Dr. Cameron hopes to “[establish] education within the Parliament,” to facilitate informed decisions for proper regulation in the industry. “These open dialogues and debates are crucial,” she warned, making it imperative to understand the technology quickly in order to move forward confidently in a changing world.Listen to their full interview on crypto policy trends and clear regulatory needs here.EPISODE THREEIn the most recent episode, Hemingway welcomed Nick Anthony, policy analyst with the Cato Institute's Center for Monetary and Financial Alternatives (CatoCMFA), a think tank project dedicated to finding alternatives to failed monetary and financial regimes. Anthony is also a fellow at the Human Rights Foundation (HRF). Hemingway and Anthony addressed the current state of crypto regulation in the U.S. Congress and the quagmire leading policy makers are in due to the stigma surrounding the blockchain industry. The discussion included ways to add clarity and definition to existing laws for the crypto marketplace while acknowledging the challenges of the political process. Anthony pointed out, “One of the challenges right now is that you want policymakers to be fast, but the faster they are, the more mistakes that tend to be made.” This challenge leads to a deficiency of activity from Congress and the relative independence of regulatory agencies.Listen to the full interview here.STAY INFORMEDTRON DAO strives toward transparency in Web3 as we #BUIDLtheFUTURE of commerce and community for every person on the planet. TPR is leading the conversation on crypto policy and regulatory needs. Subscribe for notifications when each new episode is released in order to stay in the know and ahead of the game with this must-listen podcast for crypto investors and blockchain entrepreneurs.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of April 2023, it has over 154.5 million total user accounts on the blockchain, more than 5.35 billion total transactions, and over $12.2 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
39 days ago • cryptodaily
TRON DAO Team Goes to NFT NYC 2023 and Announces Uquid Partnership
Geneva, Switzerland, April 19th, 2023, ChainwireThey say if you can’t make it there, you can’t make it anywhere. So, the TRON DAO team gave Gotham a go.12 members of the TRON DAO leadership team participated in NFT NYC 2023. TRON was a Platinum Sponsor, and three of our leaders – Dave Uhryniak, Feroz Lakhani, and Jason Dukes – spoke on the Main Stage at the event. Uhryniak was a part of a four-person panel discussing “Decentralization through NFTs,” while Lakhani and Dukes had a fire-side chat about “Navigating the Future: Pivoting to a Career in the Decentralized World.”NFT NYC 2023 featured seven track options across eight stages – Art, Brands, Community, Entertainment, Future, Gaming, and Legal. According to NFT NYC leadership, there were 1300+ speakers, 6000+ registered attendees, 18,000+ NFTs collected by attendees, 250,000+ tweets about #NFTNYC2023, and 80+ sponsors who helped make it all happen.So, what did the TRON DAO team actually do at NFT NYC 2023?Along with delighting in delicious New York cuisine, downing a few late-night cannolis, enjoying drinks over enriching conversation, and attending blockchain-sponsored events and concerts and art shows, they expended energy in the following ways:Engaging with participants to tell them the story of all that’s happening across the TRON Network – many were surprised to find out TRON has the most user activity of any blockchainConnecting with projects and people to discern potential partners to welcome into the TRON ecosystem – many were impressed to find out TRON moves more USDT than EthereumRepresenting the TRON DAO community with compelling communication from the Main Stage on topics that intrigued NFT and Web3 enthusiasts – many were intrigued that TRON has the second most TVL among all blockchainsForging interoperable partnerships with artists and builders who have developed on other blockchains as we invited them to expand their reach on TRON – many were excited to learn that the BitTorrent Chain bridges TRON with the Ethereum Network and the Binance Smart ChainChallenged NFT enthusiasts to take a look at the NFT possibilities in the TRON ecosystem – many were eager to discover all they could build with EVM-compatibility and all they could share through the growing APENFT marketplaceAfter four days “On the Town,” Leonard Bernstein would have been proud of how the news of TRON was spread among the NFT NYC 2023 crowd.Uquid Partners with TRON DAO to Offer Fast and Affordable Payment MethodsUquid, a leading Web3 platform for purchasing physical and digital products and services, has partnered with TRON DAO to enhance its offerings and user experience.The partnership will integrate payment options so users can pay with select TRON currencies, making it even easier for users to purchase the digital products and services they desire.The collaboration between Uquid and TRON provides several benefits for users. TRON’s network speed and safety empower Uquid to offer its users a faster and more secure payment experience. TRON also allows Uquid to develop new applications and services that can benefit its users in the future.Since 2016, Uquid has been developing an outstanding Web3 shopping infrastructure that offers millions of physical and digital products with the objective of serving 50 million users by 2027. Uquid's marketplace combines the best of e-commerce with the strengths of DeFi and NFT technology. From gift cards to mobile top-ups and virtual debit cards, users can purchase the products they want quickly and easily with cryptocurrency. By leveraging the TRON blockchain to provide users with a secure and user-friendly payment experience, Uquid is paving the way for a new era of digital commerce.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of April 2023, it has over 154.4 million total user accounts on the blockchain, more than 5.35 billion total transactions, and over $12.2 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]
39 days ago • cryptodaily
DeFi Platform JustLend DAO Unveils Staked TRX and Energy Rental Features
Singapore, Singapore, April 19th, 2023, ChainwireJustLend DAO has announced the launch of two new features – "Staked TRX" and "Energy Rental,” aimed at providing users with more flexible and streamlined options while reducing energy rental costs. This major upgrade, released on April 16, expands the reach of JustLend DAO’s capability to multiply users' benefits by putting their assets into active use.STAKED TRXThe new "Staked TRX" feature is based on Stake 2.0 and allows users to earn high yields by staking TRX then receiving sTRX tokens. With "Staked TRX," the platform automatically earns yields for users via (a) voting rewards as the platform automatically votes for Super Representatives with their staked TRX and (b) renting out the Energy obtained by staking, resulting in higher yields and a much simpler staking process. As voting rewards and rents accrue, the exchange rate of TRX to sTRX will rise accordingly, thus increasing total yields.ENERGY RENTALThe new "Energy Rental" feature provides a more cost-effective alternative to obtaining Energy by staking or burning Energy. Users can rent Energy or end their rental at any time, and the new process is less complicated and less expensive.ADVANCED DECENTRALIZATIONTRON Stake 2.0 makes resource and voting management remarkably more flexible than its predecessor, Stake 1.0. JustLend DAO, the first TRON-based decentralized financial platform, now allows users to earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. The launch of Staked TRX and Energy Rental is expected to spawn a fully decentralized resource market.The resources and votes already obtained via staking in Stake 1.0 remain valid, and the staked TRX can be redeemed as usual. However, please take note that users may only stake TRX in Stake 2.0 going forward.EXPANDING ECOSYSTEMTRONSCAN statistics, as of April 18, 2023, show an expansive user base of more than 154.3 million TRON accounts and a total transfer volume of more than $7.35 trillion. The launch of Staked TRX and Energy Rental frees TRON users from their headaches and elevates their user experience. This upgrade empowers JustLend DAO with a new level of efficiency, catering to the massive demand from TRON’s users. JustLend DAO also plans to launch a JST buyback-and-burn program with its revenue to facilitate sustained, healthy growth of the JST ecosystem. Further details will be forthcoming.In the spirit of decentralization, TRON community members have been using applications related to the TRON Energy Market like TRONPulse Energy Pool, the TRON NRG Marketplace, and Token Goodies. JustLend DAO is excited about the services these and other solutions have been providing and hopes they will continue with much success. An ever-increasing amount of TRON users results in an ever-increasing amount of transactions, which requires an abundance of Energy marketplaces to strengthen and scale utility across the ecosystem. JustLend DAO champions these solutions as well as any others that emerge as the TRON ecosystem expands.The two new features of Staked TRX and Energy Rental from JustLend DAO demonstrate yet another way that the TRON blockchain is empowering decentralized commerce and community for every person on the planet.About JustLend DAOJustLend DAO is TRON's decentralized financial platform where users can earn yields through supplied assets, borrow digital assets against collateral, participate in TRX staking, and rent Energy. Committed to developing TRON-based DeFi protocols and providing all-in-one financial solutions to its users, there is now more than $8.7 Total Value Locked in the JUST Network.The JustLend DAO provides a forum for its users to participate in governance and directives, while empowering its users with decentralized authority, trustless transactions, smart-contract automation, and security with transparent accountability.Tokens in the JustLend DAO markets (TRX, BTT, JST, NFT, USDT, TUSD, USDD) are granted statutory status as authorized digital currency and medium of exchange in the Commonwealth of Dominica. JustLend DAO exists to provide stable and convenient financial lending services for all users.Engage with the JustLend DAO community via the JustLend DAO Portal, Telegram, Twitter, and the JUST Network.ContactJulia [email protected]
54 days ago • cryptodaily
TRON Academy Celebrates Milestones as Blockchain Clubs Research for Innovation
Geneva, Switzerland, April 4th, 2023, ChainwireTRON Academy, the initiative focused on equipping the next generation of blockchain leaders and developers from the world’s most prestigious learning environments and universities, celebrated two milestones recently.First, a former winner of the TRON Grand Hackathon “Hacker House” began participation in an elite startup accelerator. The “Hacker House'' is an in-person version of the “HackaTRON,” created solely for university students building blockchain applications. Participation by a former Hacker House winner in an elite mentoring program was a first for TRON Academy. Acceptance comes with coaching and networking as well as further guidance to maximize development efforts for the startup project. Stay tuned for more details on who that past winner is and what their minimum viable product will be. Rumor is an announcement may be made in the coming months.Second, TRON leadership assisted in the launch of the first ever “Intro to Blockchain and NFTs” course at Belmont University in Nashville, TN. President Dr. L. Gregory Jones, formerly Dean of Duke Divinity School, is committed to developing diverse leaders of purpose, character, wisdom, and an entrepreneurial mindset who are interested in developing innovative solutions to complex problems. Known and respected for its music school, music business program, and music production as well as singer/songwriting preparation, Belmont also has renowned programs in nursing, law, neuroscience, education, business, design, marketing and more.A few other updates from TRON Academy to note:Cornell University’s Blockchain Club will be doing a research paper on Block Production, which will be shared by TRON DAO once completed.University of California at Irvine’s Blockchain Club is working on a research paper on Shielded Transactions, which will also be shared by TRON DAO once completed.Click here if interested in learning more about TRON Academy or requesting a partnership for a blockchain club.Click here to learn more about and submit a project to the current season of the TRON Grand Hackathon, which is accepting applications through April 15, 2023.Also, click here to sign up for the TRON email newsletter and stay up to date on the latest from TRON DAO and the TRON Academy.About TRON DAOTRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of March 2023, it has over 150.5 million total user accounts on the blockchain, more than 5.2 billion total transactions, and over $11.9 billion in total value locked (TVL), as reported on TRONSCAN.In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | ForumContactHayward [email protected]