VALR Enhances Services by Integrating TRON Network and Launching TRX Staking Product
Monday, 20 May 2024, 11:47
VALR Expands Services with TRON Network Support and New TRX Staking Product
Johannesburg, South Africa, May 20th, 2024
Introduction
VALR, the Pantera-backed crypto exchange, announces its backing of the TRON network for seamless stablecoin transactions and unveils an on-chain staking product for TRON (TRX) with an APR of up to 3%.
Features
- VALR's TRX staking product caters to users wanting to capitalize on staking opportunities without the complexity of DeFi protocols.
- Users can stake, unstake, and restake at any time, with hourly reward distributions, allowing for efficient compound yield accrual.
In conclusion, VALR aims to provide a comprehensive staking solution within its platform, following similar products for Solana (SOL) and Avalanche (AVAX) and planning expansions to more protocols.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.