TRON
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TRON (TRX) is a decentralized blockchain platform (Layer 1) designed to support smart contracts and high-throughput decentralized applications (dApps). The TRX token serves as a key element in the ecosystem, used for transactions, governance (voting), and as a store of value. TRON utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, allowing for faster transaction speeds and enhanced scalability.
Founded by Justin Sun in September 2017, TRON launched its mainnet in May 2018. Since then, the platform has achieved major milestones, including integrating with BitTorrent, the largest decentralized file-sharing platform, and becoming a dominant network for stablecoin issuance, particularly USDT (Tether). As of 2024, TRON hosts over 50% of USDT's supply, making it a leader in stablecoin circulation.
One notable milestone occurred in October 2022, when Dominica recognized TRON-native tokens (such as TRX, USDT, and others) as legal digital currencies. This made TRON the first blockchain to become an official part of a nation's financial infrastructure, enhancing its global legitimacy and adoption.
Recently, TRON has been focusing heavily on Real World Asset (RWA) tokenization. In 2023, TRON introduced stUSDT, the first RWA product on its blockchain. stUSDT enables users to stake USDT and earn passive income from real-world assets such as government bonds, marking a significant step towards bridging blockchain with traditional finance.
With these developments, TRON continues to expand its influence, solidifying its role in Web3 payments, DeFi, and real-world asset integration, positioning itself as a key player in the evolving blockchain ecosystem.
Above are only for introduction, not intended as investment advice.
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Q&A about TRON Tokenomics
Explore the tokenomics of Tron (TRX) and review the project details below.
What is the allocation for Tron (TRX)?
As per the charging documents filed by the SEC, the total supply of TRX is 100 billion, and the initial allocation of TRX is as stated below.
- 40% was allocated to ICO
- 35% was allocated to Tron Foundation and Tron ecosystem
- 15% was allocated to Private Offering
- 10% was allocated to Peiwo (Justin Sun's company)
What is the supply schedule for Tron (TRX)?
The circulation of TRX tokens is determined by the daily production and destruction volumes. According to the official definition, the TRON network rewards 176 TRX for each block produced, which is paid to the block producer and voters. Destruction comes from transaction fee burning and Independence Day burning (on June 25, 2018, when the TRX network was officially launched, 1 billion tokens were burned at once). If you want to know the specific data for each day, please visit https://tronscan.org/#/data/charts/trx/generated-burned
TRON Token Allocation
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TRON (TRX) is a decentralized blockchain platform (Layer 1) designed to support smart contracts and high-throughput decentralized applications (dApps). The TRX token serves as a key element in the ecosystem, used for transactions, governance (voting), and as a store of value. TRON utilizes a Delegated Proof-of-Stake (DPoS) consensus mechanism, allowing for faster transaction speeds and enhanced scalability.
Founded by Justin Sun in September 2017, TRON launched its mainnet in May 2018. Since then, the platform has achieved major milestones, including integrating with BitTorrent, the largest decentralized file-sharing platform, and becoming a dominant network for stablecoin issuance, particularly USDT (Tether). As of 2024, TRON hosts over 50% of USDT's supply, making it a leader in stablecoin circulation.
One notable milestone occurred in October 2022, when Dominica recognized TRON-native tokens (such as TRX, USDT, and others) as legal digital currencies. This made TRON the first blockchain to become an official part of a nation's financial infrastructure, enhancing its global legitimacy and adoption.
Recently, TRON has been focusing heavily on Real World Asset (RWA) tokenization. In 2023, TRON introduced stUSDT, the first RWA product on its blockchain. stUSDT enables users to stake USDT and earn passive income from real-world assets such as government bonds, marking a significant step towards bridging blockchain with traditional finance.
With these developments, TRON continues to expand its influence, solidifying its role in Web3 payments, DeFi, and real-world asset integration, positioning itself as a key player in the evolving blockchain ecosystem.
Above are only for introduction, not intended as investment advice.