Tron‘s founder, Justin Sun, has proposed a new reward mechanism for TRX, similar to Bitcoin $84,230‘s halving system. Sun aims to enhance the sustainability of the network and strengthen its deflationary structure. He assured that the proposed adjustments in validator rewards would not harm current participants, gathering significant attention from the Tron community and stakeholders.
TRX Faces Potential Reward Reduction
In a recent social media announcement, Justin Sun suggested adjustments to TRX’s reward structure. According to Sun, Bitcoin’s initial high block rewards accelerated network growth, and the halving system over time made incentives sustainable. The goal is to integrate a similar mechanism into the Tron network.
Sun reminded that TRX currently operates with a 1% annual reduction rate, maintaining a deflationary characteristic. The new proposal suggests a potential increase in the reduction to 1.5% for validator rewards, feasible with approximately 1 million TRX payments daily. Additionally, community support could push this reduction rate up to 2%.
New Integration with Solana
Sun also shared updates on collaborations within the Tron ecosystem. Recently, it was announced that an integration process between Tron and Solana $129 has commenced. This partnership is expected to facilitate local token transfers between the two chains more efficiently.
The integration is anticipated to enhance interaction between the Tron and Solana communities. Sun highlighted that such initiatives would provide significant benefits not only technologically but also in terms of user experience. He mentioned taking on new consultancy and collaboration roles with representatives from various sectors.
The impacts of these developments on TRX’s price are being closely monitored. TRX has shown a stable increase over the past 24 hours, reaching $0.2366. However, opinions among experts vary regarding the effects of the proposed changes in the reward structure on the price.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.