Tron’s latest weekly report reveals details about much awaited ‘TRC20-USDT Incentive Plan 2.0’

  • 16 July 2019, Tuesday, 03:10

Tron, the Justin Sun led cryptocurrency has been in the news multiple times for its updates and developments. The community, dubbed Tronics have also been active in the cryptocurrency ecosystem forcing the organization list out all its happenings.

In the latest Tron Weekly Report, the company spoke about the architecture development and the core statistics achieved by Tron over the past week. According to the report, Tron developed a new data collection project, integrating static data and dynamic data. The upcoming week will see a new design structure with a new blockchain deployment solution. The report added:

“Tron block height exceeded 10.87 million and the total number of nodes clocked in at 1065. The total number of Tron real-time accounts reached 3.282 million while 32,206 new addresses were added this week. Total number of transactions reached 497b million while the number of new transactions amounted to 6.09 million.”

The cryptocurrency organization further revealed plans for the launch of TRC20-USDT Incentive Plan 2.0 which will be rolled out with a reward of 200 million Yuan. Tron will work with popular digital asset exchanges to provide users with premium interest rate return paid in TRC20-USDT free of charge. According to Tron:

“We hope to encourage users to exchange the USDT in their balance with TRC20 USDT. The campaign is set to run till mid-August. Holders of TRC20 USDT can get token airdrop as returns on a daily basis, and the annualized return date can be as high as 100 percent.”

The TRC20 USDT incentive problem was indefinitely postponed by Tron in May during the Bitfinex-Tether drama. Sun had announced that the company had to wait for future updates on the then ongoing scandal adding that he still believes stablecoins “will continue to play a big role in the blockchain space”.

Source: ambcrypto.com