Did you know that by freezing your TRX in the TRON network you receive a commission waiver when transferring TRC20 tokens?
Greetings dear friends of the Project.HOPE community, with this post I wanted to share with all of you some of the advantages of freezing TRX in the TRON network to receive Energy and Bandwidth, and with it to obtain the exoneration of commissions when transferring tokens like the one developed by the WoxFI DAO of the friend @xpilar.
In most DeFi applications and wallets, executing too many transactions will clog the network and irremediably cause delays in the confirmation of transactions, something that certainly ends up being very inconvenient for users.
The developers of the TRON network, aware of this problem, devised a methodology to make the network run smoothly by allocating each account a limited set of power and bandwidth to run free transactions throughout the day.
Therefore, those users who wish to execute a greater number of transactions during the day are offered the possibility of freezing TRX in exchange for energy and width, in exchange for exemption from the payment of fees generated by commissions on TRX.
This strategy implemented in the TRON network allows transactions to run without delays and the entire network to function in an orderly manner. In this sense, freezing resources in the TRON network will grant us certain privileges, among which we can point out the following: obtaining Energies points, obtaining bandwidth points, exoneration of commission when transferring TRC20 tokens, and empowerment of participation when voting for the Super Representatives and candidates of the TRON network.
For example, the WOX token transfer developed by friend @xpilar's WoxFI DAO can consume power and bandwidth, so, in few transactions we will not have enough power and bandwidth, so, instead of making sure to keep a certain amount TRX to pay commissions, we can easily freeze TRX and receive commission waiver when transferring this type of tokens.
If you want to know the procedure of how to freeze TRX and get energy and bandwidth I recommend you to read the following post of my friend @josevas217.
OBSERVATION:
The cover image was designed by the author: @lupafilotaxia, incorporating image: Source: tronscan.io
Wow this is something I don't about the network , I have learnt something new today I will definitely freeze a small part so that I can get more energy.
And I will get less commission on the transaction thank you so much for sharing this idea.
Greetings @lupafilotaxia an exemplary explanation that allows us to enter the world of the TRON network and that does not allow the possibility to participate in the initiative behind the wox project. Regards
Hello friend
Thank you so much for sharing this valuable information and same I used while providing the liquidity on wox and trx pool. It was helpful. Thanks
Greetings @lupafilotaxia, excellent information that you share, it is very good to know that when making a TRX Stake we obtain energy in the TRON network, with which it is possible to access a number of daily transactions without payment of commissions, it is really very striking the way in which this network encourages users to invest.
Your post is manually rewarded by the
World of Xpilar Community Curation Trail
STEEM AUTO OPERATED AND MAINTAINED BY XPILAR TEAM
https://steemit.com/~witnesses vote xpilar.witness