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You are here: Home / News / Altcoin News / Tron gives back to the Super Representative community with the latest 50 million TRX giveaway announcement
Tron

Tron gives back to the Super Representative community with the latest 50 million TRX giveaway announcement

November 12, 2019 by Ketaki Dixit

The Tron Super Representative program had taken the cryptocurrency world by storm when Tron had first released details about it. After the successful integration of 27 Super Representatives into the company’s fold, Tron has now stated that they will be conducting a 50 million TRX giveaway to the SR’s soon.

The Justin Sun led company claimed that the decision comes after the adoption of Proposal No.22 and No.27, which act as the markers to a new cryptocurrency movement. According to Tron’s official release:

“As a significant improvement to TRON’s incentive mechanism, the new mechanism marks an age of Staking for everyone on TRON that boosts user participation on a safer and more efficient network. TRON Foundation will give away 50 million TRX to SRs to thank SRs and inspire greater devotion to a healthy and prosperous TRON network.”

The deadline for the giveaway is November 30th, and every individual Super Representative will receive his/her share of rewards in proportion to the SR’s blocks as a percentage of the blocks generated by all participating SRs since the first block.

To make sure the participating members can submit their claims legitimately, everyone is asked to send requests via Google Sheets to the Tron Foundation. The teams have also been asked to include details such as crew information as well as the contribution made to the Tron community in terms of technological innovation, ecological construction, community operation, and global impact.

Tron stated that the giveaway was not just a gesture to thank its partners but was a brave stamp to achieve the decentralization of the internet. The Number 28 proposal of Tron was officially approved on November 5, while the proposal modified the SR block reward to 16 TRX. It has altered the block staking reward for the first 27 SRs and partners to 160 TRX. 888Tron, one of the most active members of the Tron community, was excited about the latest decision and tweeted:

“Very nice👍. I hope our partner @europe_tron TERC gets some #TRX out of this 50M #Giveaway😀 Since they not only help the #TRX #blockchain but also help & support 5 or more #dapps like TESD

@Befasterfit @AftermathIsland @TronsGameof @DVMarketplace”

The Super Representatives were created to a club of members who were tasked with acting as the guardian angels of the Tron industry. They had the right to survey ongoings in the blockchain and make decisions together to improve the TRX ecosystem.

Disclaimer: The presented information is subjected to market conditions and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.

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Filed Under: Altcoin News Tagged With: TRON (TRX), Tron SR

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