Home Work Post for Tron Fan Club Tutorial | Understanding Tron-link Web Wallet - 10% to tron-fan-club
Hello everyone, how are you all doing? I hope you have been having a great start with your day, I will be joining the Tron-fan-club community today on one of the Homework tasks where individuals are been requested to give their understanding of the TronLink web wallet app.
I will be showing the connection of Tronlink to my device, as well showing how I was able to link my Tron address to the Tronlink mobile app, afterwards, I was able to stake and vote witnesses.
TronLink web wallet is a non-custodial web wallet that gives the user the full access to their keys, mostly I could say to the Tron wallets keys, these particular wallets are mostly associated with all Tron network facilities and its dApps whereby for whatever help one could be needed on the Tron network can be gotten from the TronLink wallet as well, this wallet has a great feature that its permits free transaction between Tron network, the only fee required is to burn bandwidth which is only required when associating exchanges with a new Tron address, asides from that, all transaction are free and fast and as well secure.
The Tronlink wallet is easy to navigate even mostly for beginners as all dApps can be easily accessible from the sidebar of the App, the wallet as well gives warnings to users when participating in other third-party dApps, the wallet is quite effective and durable as all transactions are performed seamlessly and they are all charged with TRX as the gas fee.
First thing first, I click on playstore to install tronlink, then afterward, install the app.
Then click on import wallet since I already have a wallet that I would like to import to the web wallet.
Then I agree to the user agreement, afterwards, I click to accept and move to the next step.
Here on, I import my Tron private key, and as well set the password and the name, and click import private key next.
Wallets successfully linked as I could view my transaction history from here on and as well notice the available balance.
Right from the home page, there are several options like send, receive, swap, and others, but you click on Stake.
Afterwards, it takes you to the page where u get to select the amount you are willing to stake, just as in my case, I choose to stake 12 TRX, then I click next step to continue.
Here you confirm your stake transaction by making sure your receiving address is correct, then you click confirm to the transaction where you are being required to put in a password before the transaction got executed.
After doing that, you get to see the staking resources as we can see the Stake TRX for Resources balance to be 12 TRX.
To vote for a witness, you take the same processing by going back to the home page, then click on vote.
- from there, you get to select which witness you are willing to vote on, just as in my case, I am willing to vote on Binance Staking with a 4.67% APY.
Then, I select the amount of vote I am willing to vote on the super representatives, I choose to give them 10 votes, then I click on to confirm which I did have to set in my password to complete the transaction as well.
As seen from My votes, I have voted 10 Trx on the Binance Staking witness with an Estimated Yield of 4.67%.
Approximately 10 hours later, I choose to claim my voting reward as I was now having a reward of 0.000638 TRX, quite small, but the reward power is due to the amount I was willing to stake meaning higher voting power will attract a higher reward as well.
From the image on the right, we can see the breakdown of my transaction starting from the stake, voting, and claiming my reward as well.
Here is my conclusion on the Tronlink web wallet task contest organized by @engrsayful, where I have successfully given illustrations of how we get to stake TRX, as well as vote on witnesses and earn rewards in returns.
cc:
This post was shared on Twitter
You have given a very nice idea about Tron Link Wallet. Which I like very much. I have discussed this in a very nice way. It has helped us a lot to understand. Thank you very much for sharing such an educational post among us.
You are welcome, i'm glad you found it helpful.
Hello @engrsayful , you are yet to evaluate this contest yet.
I had some personal issues bro. That's why could not summarize the result on 23rd April the day after deadline. You will find result today that is 24th April. Thanks. Continue in making quality content and participate in contests in our TFC community. Best of luck for you.
You have nicely explained Tron-link Web Wallet with deep explanations. Hopefully, you will get a higher score on this submission as you are already qualified regarding those Topics.
Good to see your homework. Thanks for your entry brother. You learned a lot.
Thank you,its nice participating here
Good to see your homework. I like your post. Thanks for sharing
You are accomplishing your homework task very efficiently. Many, many good wishes for you.
Thank you brother
Amazing work here. Could you please tell me more about Tron fan club?
Thank you.
Yes, I would love to, what would you like to know exactly?
I myself I'm new in the community, but I know there are always contest going around.
Ooh! Okay. I will check it out then. Thanks friend.