Tron Europe has been an organization making leaps and bounds in the cryptocurrency industry. With multiple updates to bring the Tron community closer together, the company’s officials have made it a point to deliver top-notch content and developments.
The organization recently conducted a competition where participants were asked to describe the Tron Europe reward model and they surely delivered.
Companies like Tron Europe have ensured that processes within the ecosystem are simple enough to be understood by the layman. This was the reasoning behind the organization’s latest competition, where participants were asked to describe the Tron Europe reward mechanism.
The competition was conducted to alleviate any doubts in the ecosystem about the reward program. A survey of the community showed that lack of information was the biggest issue and Tron Europe took it upon themselves to solve that. The three teams that participated were: Nelo-Simon, Timo and Andrea.
The competition got off to a fling start with the participants stating their reasoning of how the rewards work. Tron Europe offers voters and holders a 150 percent measured share of the value of TRX which will be handed out in the form of TERC tokens. The competition rules stated that participants could send in videos, pictures, and written articles to convey their perspective of the reward program.
After an intense tussle, the judges had decided the winners. Timo emerged as the winner of the competition with the team of Nelo-Somon coming in second. Andrea completed the last position on the podium by missing out on second with a narrow margin.
The winner contributions covered several aspects of the reward program, making it simple and understandable for the entire community. Users have the option to stake their TRX and vote for the Tron Europe Super Representative during the initial phase. Once this is done, users can enjoy massive rewards paid in TERC tokens. The rewards for TRX voting are paid as long as the voting goes on.
Tron-Europe is holding a little contest!
Until Monday January 20th, we are looking for the best format that explains our reward mechanism. Make videos, pictures or write an article.
Best 3 ideas are rewarded with prizes in TERC.
3rd 5k pic.twitter.com/Vk1jJmdDDi
— Tron-Europe (@europe_tron) January 6, 2020
The other option that users have to earn rewards is by HODLing TERC tokens.
If users opt this then they are eligible to earn dividends of up to 250 percent. In this phase, the rewards will be paid in TERC as long as the user holds said tokens.
Tron Europe also offers Loyalty programs to customers who stick close to them.
If customers vote with 2 million TRX tokens then they will be given a bronze medal [worth 25,000 TERC] for each of the months that they voted. A silver medal [worth 150,000 TERC] is given to the participants who vote with 10 million TRX. The grand prize is, of course, the gold medal [worth 250,000 TERC], which is awards to the user who votes with 20 million TRX tokens.
The rewards system was created so that more people can join the Tron ecosystem and make a more meaningful contribution to the industry. Tron Europe works with the aim of facilitating these users and ensuring that the ecosystem grows. The future for Tron Europe sure looks exciting, so sit back, participate and enjoy the show!