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TRON TRX
765
Price BTC
0.000002793
ETH
0.000131065
USD
0.029549542
1h
-0.22%
24h
1.98%
7d
19.31%
24h volume, BTC
56.3K
USD
596M

TRON TRX: USDT-TRON Reward Program

107
Reliable source
Important event
Event added 3/28/2019 5:05:39 AM
Airdrop
April 30, 2019 Quote Source
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Tron’s partnerships and updates are meant to take the Tron Foundation, and the cryptocurrency market into the realm of mass adoption. Tron’s recent tie-up with Tether made waves, with Tron’s Justin Sun talking up the partnership’s advantages over the Omni network.

In a recent Twitter post, the Founder of the Tron Foundation spoke of a new $20 million incentive plan related to the USDT-TRX partnership. Details revealed that the initial Annual Percentage Rate [APR] for holding the cryptocurrency will be 20% which was significantly higher than its competition. The company’s release also specified that USDT-TRX holders will be rewarded more USDT-TRX during a campaign that will go on for 100 days. Tron’s attempts at dominance over the USDT-Omni tie-up was made evident after the initial budget of $20 million was announced without a hard cap.

The APR will be available to users from the end of April, and will go on till 7 August. Over the course of this time, the APR rate will change from 20 percent to 1 percent, by the end of the 100-day campaign. The new program by Tron is aimed to focus on one thing: migrating the users on the USDT-Omni network to the Tron network. While announcing the USDT-TRX launch, Sun had spoken about the advantages of the Tron ecosystem over the Omni ecosystem.

3/27/2019 6:25:04 PM
TRON Foundation
@tronfoundation
The 100 day campaign on USDT-TRON by @justinsuntron will begin rewards on April 30th up until August 7th, 2019. Make sure you swap your USDT-Omni for USDT-TRON to start getting rewarded on April 30th! $TRX #TRX www.youtube.com
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Added by
Leisan
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