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PR: Moonstake Wallet Now Supports Staking of TRON (TRX)!

Moonstake is now an official Super Partner of TRON network! Users can stake TRX to earn staking rewards on Moonstake Web Wallet and mobile wallet! Hold, send, receive, and stake TRX to receive rewards with the best user experience through one single click. TRON became the 13th available staking coin on Moonstake.

Moonstake started the staking business last year with the aim to create the largest staking network in Asia. Since then, it has developed the most user-friendly Web Wallet and Mobile Wallet (iOS / Android) with support for over 2,000 cryptocurrencies. After a full-scale operation launched in August 2020, Moonstake’s total staking assets have grown rapidly to reach $1 billion, allowing Moonstake to become one of the top 10 staking providers globally. Since March this year, Moonstake has also entered DeFi together with the newly launched DeFi platform, Muse.Finance, who has begun releasing its core DeFi products which are all scheduled to be integrated into Moonstake platform to enable advanced DeFi connectivity for its global users.

TRON is a market-leading blockchain well-known for its large and highly active community of users and developers from all over the world, dedicated to the establishment of a truly decentralized Internet and its infrastructure. The TRON Protocol, one of the largest blockchain operating systems in the world, adopts an energy efficient dPoS consensus mechanism to provide high throughput, high scalability, and high availability for decentralized applications in the TRON ecosystem through collaboration with key business partners including global tech giant Samsung, Opera, BitTorrent, Poloniex, Swisscom Blockchain, and many more. It is one of the fastest growing DeFi ecosystems on the market, currently boasting more than 55 million global user accounts and over 2 billion cumulative transactions.

Additionally, the TRON-based TRC20 protocol currently hosts the largest circulation of stablecoin globally with nearly 36 billion USDT. Its native coin Tronix (TRX) can be used by content consumers to pay creators for in-game assets, or use as currency in gaming or to reward creators directly for their entertainment content or to purchase additional access. Most recently, TRON joined a short list of leading crypto tokens (namely Bitcoin and Ether) with the successful listing of VanEck TRX ETP (VTRX) on the Deutsche Boerse, providing investor access in 14 EU markets.

Through our strategic partnership since June 2021, TRON and Moonstake have worked diligently to bring a satisfactory TRX staking experience for users and we are proud to deliver the results of our labor to you. As both of our projects are also involved in the field of DeFi, we are exploring deeper collaboration opportunities to deliver more innovation and value to our user communities worldwide.

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 21.05.2022

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