Crypto Academy Season 5 Beginners' course - Task 1:Tron Ecosystem

《DApps》Decentralized applications, they're those kinds of applications which runs/functions withinside the blockchain system and it additionally runs on a 《P2P》 foundation and this kinds of applications can't be manipulated or controlled by a central server or middleman. Dapps are blockchain fully based applications , in which all users in it systems doesn't call for the central authority during transactions process.

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All the Dapps- withinside the 《Tron Ecosystem》 they are those Decentralized Applications that actually process on the Tron network/blockchain, and they are not been controled/manage by a third party/central authority. We have many Dapps that is under the tron blockchain not, but am going be discussing this three which is《JustLend》《JustSwap,》《USWAP.》

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《N÷1》Explain different dApps in the Tron ecosystem are you familiar with?

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USWAP

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USWAP is a well known Decentralized Application inside the 《Tron Ecosystem》.It's been used for
swapping,trading, additionally for supplying liquidity. it actually mean that any user can make use of this dApp without difficulty to trade and exchange their crypto assets which are well suited to the Tron blockchain.

Normally,USWAP is been used in supplying liquidity in an automatic way with the help of of the smart contracts.This actually means that immediately the demands are been processed, all transaction will execute immediately. users now have to connect their wallet and carefully follow the given instructions,

The sweetest part of this is that USWAP doesn't allow the manipulate of a third-party or a central authority, due to the fact that it execute transactions on the smart contracts,
also it's exchange rate are been decided through the fee changes along side the pool, this makes the entire procedure to be transparent.

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TRONTRADE

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TronTrade is also a decentralized application along side the Tron blockchain. We normally use TronTrade in trading TRX towards different tokens.This actually means that the TRX is a based token and it may be traded towards the similar tokens just like [Trc-20] [Trc-10] with the very best without stress, this decentralized application do possess transactions on a higherspeed rate, and its well protected, what you a user will benefit of from this application is that it is fully decentralized, it has user friendly interface, and it doesn't call for personalinformations, no one has authority over the user's assets. since the central server/middleman is absent in this dapp there is no possibility for a downtime in it system.

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WINK

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this dapp was formerly called Tronbet and its a great dApp on it own along side the Tron Ecosystem. this dapp is multi- purposeful due to the fact that it serves as a good social dApp, and gaming dApp.It also permits its users to stake or bet wink token along side the blockchain, its gaming characteristics from the start begins just with one game, but currently this dapp now has many games for user to engag on.
their local token is likewise known as Wink coin. the best of it is that a user can also mine the Wink coin just through playing the avaliable games, so when a user play the games he or she will accumulate more coin,
the price of Wink token was $0.0006757 when I was making this post.

Parameters	Result
Token	Wink
Ranking	#141
Price	$0.0006757
Market Cap	$649,840,536
Volume	$167,591,310
Calculating Supply	961.74B WINks

《N÷2》 What are the uses of DeFi applications like Justswap, JustLend, and Sun.io?

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• JUSTSWAP

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JustSwap is among the decentralized applications that was created alongside the Tron Ecosystem.Justswap is been used for swapping or exchanging Trc-20 tokens. The swapping normally Occur in step with the prevailing rate of the both tokens in inquest, all transaction charges is going to the liquidity pool.

This dApp is mostly used for swapping. its Users also can offer liquidity through the the JustSwap after which they earn passive gains or rewards through the transaction fees. this are some assets which can be swap on JustSwap they are {USDC} {Sun} {SunOld} {BTC} {Wbtc} {Eth} and others.

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• JUSTLEND

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JustLend is also a decentralized application that is under the decentralized finance category. as its name clearly sounds, JustLend is been used to lend and borrow assets. a user can also make a deposit of his token to the given pool and earn rewards through the fees that is been placed on the borrowers inside the pool.

conclusively, the JustLend is just a dapp, in which it's users are permitted to borrow, lend and also deposit their assets, all Users who deposit the crypto/assets will gain interest or rewards through the transaction fees, lacking any manipulate, additionally JustLend has peer_to_peer system interface, and doesn't allow the control of a third-party or a central authority.

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• SON.IO

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Sun.io, this another {Dapp} decentralized application that also operates alongside the Tron Ecosystem. Son.io is been used in swapping of some stable coin just like usdc and it also permits it to perform staking. Son.oi was considered as the first platform that allows it users to swap their stable coins within the tron Ecosystem/ blockchain

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《÷3》show how to optimize mining rewards through staking TRX and other TRC20 tokens in Sun.io? Examples?

Actually the mining rewards are those rewards a user do obtained through mining. for this question, we will be looking at how we can stake our tron coin/tokens inorder to gain more rewards.This steps will engage us in connecting our wallet to sun.io and after that we can stake our tokens inorder to gain more rewards. Down blow are the steps in which we need to follow.

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Step 1:》 we have to visit google play store inorder to install the TronLink wallet. but as for me the Tronlink wallet has been installed already on my device/Android. So wee will by openings the Tronlink pro.
then at the down side you click on the 《DISCOVER》icon.

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Step 2:》you can clearly see the search box, above, then you will input Son.io as what you which find after that you press or click on the the search icon.

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Step 3:》then we have to select or click at the two dotted lines at the right side, as we can see from the screenshot.

At this stage now you can see that our Tron link Pro is now connected with the Son.io

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Step;5》Now For us to stake our tokens, let's press/click on the given stake icon.

Step;6》 the you now press the icon which on the screenshot below, to lock you Sun.

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this steps above clearly shows us how we can stake our tron assets on the Son.io system so as to gain or obtain the mining rewards.

CONCLUSION :

All Decentralized Applications that was built or created under the Tron blockchain are very useful to us in all aspext/purposes.the very best of it is that they dont allow the control of a third-party/central authority.
and its transactions moves faster due to the peer_to_peer interface. some of this Dapps are mainly for decentralised finance while the others are just for gaming, I perfectly understood that decentralized applications which run or process under the Tron Ecosystem are mostly used for mining, staking, borrowing and lending TRX tokens,

All thanks to our great professor @sapwood for providing such educative and interesting topic.