Home Blockchain Twenty Two Highlights From TRON’s Historic 2022

Twenty Two Highlights From TRON’s Historic 2022

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Twenty Two Highlights From TRON’s Historic 2022

Source: blockchain.news

Geneva, Switzerland, January 5, 2023, Chainwire

For TRON DAO, 2022 was a year of historic growth. Here are 22 highlights from the record-breaking year for the fastest growing public blockchain:

#22 possibly the biggest DAO in the world

On January 5, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes stated that TRON DAO is probably the largest DAO in the world, as the TRON blockchain now boasts more than 132 million user accounts.

#21 APENFT Market

On April 15, the APENFT Market launched on the TRON blockchain.

#20 out of 130 digital asset exchanges

TRX is now supported, listed, and traded on over 130 digital asset exchanges, payment systems, and trading platforms, including Binance.US, Meson, Crypto Finance (Deutsche Börse Group member), Fireblocks, Bitkub, Bitso, DMM Bitcoin , Kraken (TRX futures contracts), Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com, and Guardarian.

#19 the Ethereum Business Alliance

TRON joined the Ethereum Business Alliance to advance the interoperable integration of blockchain into daily business operations, primarily focusing on two working groups: Cross-Chain Interoperability and DeFi Risk Assessment, Management and Accounting (DRAMA).

#18 Expanded collaboration with Huobi

In October, TRON founder and current ambassador HE Justin Sun was appointed to Huobi’s Global Advisory Board, and the TRON ecosystem has initiated further partnerships with the exchange.

#17 The Peg Stability Module

On August 3, the Peg Stability Module (PSM) was implemented, which allows users to switch between USDD and other mainstream stablecoins such as USDT and USDC at a 1:1 ratio.

#16 sponsorships

In 2022, TRON was the main sponsor of Consensus, NFT NYC, Messari’s Mainnet, Circle’s Converge, Binance Blockchain Week in Paris, Chainlink’s Smartcon, Token2049 and more. TRON also hosted several in-person VIP after-parties: TRON Whale Night, at Bitcoin 2022, Consensus, and Mainnet.

#15 Binance CMC Cryptocurrency EWI Top 10

On Oct. 17, TRX was included in Binance CMC’s Top 10 Crypto Equally Weighted Index, which tracks the performance of the top ten digital assets on CoinMarketCap ranked by market capitalization.

#14 feel the burn

In 2022, the total amount of TRX burned from various utilities was 11.74 billion, greatly accelerating its deflation.

#13 TRON Academy

TRON Academy officially launched on November 12, when more than 270 students from top-tier university blockchain clubs gathered on the Harvard University campus for the “Hacker House” event.

#12 travala.com

On August 10, Travala.com, the world’s leading blockchain-based travel booking platform, announced the adoption of USDD and TRX as means of payment.

#11 the second largest stablecoin ecosystem

TRON now has the second largest total stablecoin circulation, next to Ethereum, with a market capitalization of $39.5 billion.

#10 the TRON DAO Ecosystem Fund

TRON DAO launched its Ecosystem Fund with 8 unique funding programs, including TRON DAO Ventures, which intends to invest in promising blockchain startups.

#9 the national blockchain of Dominica

On Oct. 7, the Commonwealth of Dominica announced TRON as its national blockchain and authorized seven TRON-based cryptocurrencies as legal tender for everyday use.

#8 the Reserve TRON DAO

On April 21, the TRON DAO Reserve was established to safeguard the blockchain industry and the crypto market in general.

#7 biggest influence

On August 1, Cryptodiary described H.E. Justin Sun as one of the main leaders in the Web3 era.

#6 the stablecoin USDD

In May 2022, TRON launched USDD, the world’s first over-collateralized decentralized stablecoin, now found in over 130,000 wallets. On November 2, Messari published the report “USDD Status Q3 2022.” USDD ended the year with an outstanding supply of over 725 million and a collateral ratio of over 200%.

#5 one of the greenest blockchains

On August 24, in the report entitled “Energy Efficiency and Carbon Footprint of the TRON BlockchainPublished by the Crypto Carbon Ratings Institute (CCRI), TRON was rated as one of the greenest blockchains.

#4 the 4th anniversary of MainNet’s independence

On May 31, TRON celebrated the fourth anniversary of the MainNet launch.

#3 Three Stellar HackaTRON

Three Seasons of the TRON Grand Hackathon, also known as “HackaTRON”, took place in 2022, with over 2,300 total entrants and a combined total prize pool of over $2.7 million.

#2TVL

According to DefiLlama, by the end of Q3, Total Value Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to become the blockchain network with the second largest TVL in the world. world. Messari published his first TRX research report on November 5, titled “State of TRON Q3 2022.”

#1 out of 69 million total TRON user accounts to 132 million

63 million new TRON user accounts were established by 2022. TRON aims to become the main settlement layer of the global economy. As a global cryptocurrency pioneer, TRON is developing an ecosystem infrastructure that will be able to serve every human on the planet.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the Internet through blockchain technology and dApps.

Founded in September 2017 by HE Justin Sun, the TRON network has continued to make impressive achievements since the launch of MainNet in May 2018. July 2018 also marked the integration of the BitTorrent ecosystem, a pioneer in decentralized Web3 services that boasts more than than 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of January 2023, it has over 133 million total user accounts on the blockchain, over 4.5 billion total transactions, and over $9.2 billion in total value locked (TVL), as reported by TRONSCAN. . In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin worldwide, surpassing USDT on Ethereum as of April 2021. The TRON network completed full decentralization in December 2021 and is now a DAO governed by the community. In May 2022, the overcollateralized USDD decentralized stablecoin was launched on the TRON blockchain, backed by the first cryptographic reserve for the blockchain industry – TRON DAO Reserve, marking the official entry of TRON in the decentralized stablecoins. Most recently, in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which is the first time that a major public blockchain has partnered with a sovereign nation to develop its national blockchain infrastructure. . In addition to government backing to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens: TRX, BTT, NFT, JST, USDD , USDT, TUSD, have been granted legal status as an authorized digital currency and medium of exchange in the country.

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Contact

Hayward Wong
press@tron.network

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