Tron Tutorial: Earning Rewards on Tron Blockchain by Freezing Trx as Enegry or Bandwidth

in #tron3 years ago

Tron is integrated to Steem Blockchain meaning that you get an additional TRX when you claim rewards on Steem Blockchain (STEEM, SBD and/or SP).

We can actually earn rewards by freezing Trx - passive income.

Prerequisites

You have started to claim TRX - assuming you have a TRX account that is receiving the rewards: See this post to Claim TRX and Send TRX to Exchange.

It is recommended that you install the Tronlink - Chrome Extension that allows you to manage the Trx account easily.
Install here: TronLink

Freezing your TRX

You can do this via TronGrid:

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Alternatively, you can visit the link: https://tronscan.io/#/wallet/ (you would need to login your TRX wallet account with the private key)

Then clicking the "Obtain" button
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You can choose to Freeze Trx as either Bandwidth or Energy:
Bandwidth is required when you claim Rewards.
Energy is required when you send USDT or perform other smart contract operations
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Trx, once frozon, can't be unfrozen for at least 72 hours.
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Then, with the Frozon Trx (Similar to Steem Power), you can choose to vote for the Super Representatives (similar to Witness, Block Producer) on Tron Blockchain.

I would suggest picking those SR who share higher ratio of rewards:
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You can allocate your votes among the SRs of your choice, then click the "Vote" to confirm your votes.
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The votes will be updated accordingly.
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You can do this programatically/automatically via: Automate Freeze Balance on Tron Blockchain using NodeJs with TronWeb/TronGrid

Claim Rewards

You can claim witness rewards every 24 hours. You can of course do this programmtically and automatically: How to Claim the Witness (Super Representative) Voting Rewards on Tron Blockchain using Node Js (Javascript)?

Alternatively, you can do this at TronScan:

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Then you can get the rewards now!
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Thank you

Really amazing guide! I need a guide to vote and unvote Super Rapresentative of TRON

Excellent post @justyy, I was so glad to hear TRX was added to the Steem rewards! The Tron extension wallet is awesome, I have it on my iPhone, as well as my laptop.😀

Very great post @justyy
Thank U

I had already voted for @justyy as a witness. You are one of the best steemit users! This post is valuable and I'm sorry it has received so few comments. Perhaps it talks about complex things and many still have not understood the usefulness of this information.

How to unfreeze the tokens afterwards @justyy

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