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🔴 TRONIX (TRX) The mainnet native token of the TRON Protocol issued by TRON DAO
TRX is open for trading with USDT and USDF pairs on Bitazza! Thanks to Tronics for exercising their rights with Freedom Passport to vote in Freedom DAO for TRX to be listed. Let’s learn more about TRX!
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Did you know?
TRON network was founded in September 2017 by Justin Sun, a well-known entrepreneur and cryptocurrency influencer who has been named on Forbes’s 30 Under 30 Asia Finance & Venture Capital list, as well as Bitazza Thailand’s co-founder and CEO, Kavin Phongpandecha who was also nominated in the list in 2022!
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Purpose of TRX
TRX powers the entire TRON ecosystem. It serves as a medium of exchange, facilitates transactions, and enables the execution of smart contracts and dApps. Additionally, it plays a crucial role in TRON’s decentralized governance.
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TRX Application Scenarios
◾Credit card spend supports TRX payment
◾TRON ATM machine supports TRX online transfer
◾Participate in token issuance by using TRX to purchase tokens to be issued on TRON
◾Obtain corresponding amount of energy and bandwidth by freezing TRX
◾Obtain TRON Power, voting rights for super representatives by freezing TRX
◾Addresses holding TRX will automatically receive BTT airdrop rewards
◾Participate in the Tronics Support Plan and receive TRX rewards
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Moreover, TRON has partnerships with several major companies, including Samsung, BitTorrent, and Opera, which have helped to expand the use cases for TRX.
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Currently, TRONIX has a market cap of $6,127.96 million and a total value locked at $5.38 billion with 90.4 billion tokens in circulation.
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Data from: https://tron.network/ ,https://coinmarketcap.com/, https://defillama.com/ as of 12 May 2023