Moonstake, a staking pool protocol that also provides B2B services, today announced a partnership with the TRON Foundation, to enable staking support for TRX, the TRON blockchain’s native token.
Launching its staking business in 2020, Moonstake has developed a 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.
Moonstake + TRON
TRON is a leading blockchain well-known for its large and active community of users and developers.
The TRON Protocol, one of the largest blockchain operating systems, adopts an energy-efficient dPoS consensus mechanism to provide high throughput, high scalability, and high availability for decentralized applications in the TRON ecosystem
Additionally, the TRON-based TRC20 protocol hosts the largest circulation of a stablecoin with nearly 34 billion USDT at present. Its native coin, TRONIX (TRX), can be used to pay for a wide range of decentralized content and application services on the network.
“TRON is one of the fastest-growing ecosystems with a truly impressive growing volume of transactions and a vibrant ecosystem of DApps, especially in the DeFi space. We hope to accelerate global adoption of the TRON network and DeFi services; as well as scale both of our growing ecosystems together.”
– Mitsuru Tezuka, Founder at Moonstake