What do you think of Steemit-TRON Integration?
Introduction
The Steemit-TRON integration represents an economic benefit for storing and exchanging tokens from a single wallet. It is interesting to be able to manage several crypto from a single interface, working with STEEM, SBD and TRX increases platform interoperability.
The value of TRX has gradually increased from $0.020 to $0.064 USD since integration, it could be somewhat related to the bullish effect of bitcoin and its impact on most cryptocurrencies, but there are some DApps like SteemScan that allow the exchange of STEEM to TRX in an easy way; also the TronLink app for sending and exchanging TRX to external addresses and TRONSCAN, both of which have certainly contributed to the trade.
Cross-platform collaboration What are you looking for?
Currently on Steemit.com, passive TRX earnings are earned as a reward tied to the amount of SP generated per publication. The cooperation strategy devised by the owner of Steemit.com offers both blockchain greater exposure and market movement, as well as, also acts as a trust-building agent.
In my opinion, the Steemit-TRON integration seeks to leverage on Steem demographics, its track record as a blockchain and asset liquidity, to massify the adoption of TRX. Such results are already remarkable when looking at the current value achieved by TRX: $0.064502 (according to Coingecko).
How can I earn TRX on Steemit?
These are the main ways to earn TRX through the Steemit.com platform:
By setting the account to 100% Power Up the total rewards per post will go to SP, in that sense, TRX earnings will be doubled.
Frequency of posting and creating quality content will also increase rewards, including, TRX.
Earning TRX through commenting. Recall that earnings from commenting generates SP, comments can be voted on in the same way as regular posts. I believe that encouraging users to interact through valuable comments, which can be voted on, would help communication within the platform while earning TRX.
Voting for APY a from the TRX compartment of the wallet, results in a freeze of tokens for a short period, which are then returned with a certain margin of deposited interest. Find out for yourself in your Steemit Wallet.
I have yet to see any sponsored contests on Steemit that offer rewards in TRX. Obviously I guess the function of Steemit is to work with STEEM crypto. But, based on my own opinion I think at some point you could consider paying rewards in TRX as part of the integration.
How have the results of the Steemit-TRON integration been?
Any investment in the ecosystem can be successful as long as it does not jeopardize Decentralization. So far it is evident that there is interoperability and trust, due to the reputation of both platforms in terms of system robustness, liquidity and demographics, this represents the financial and technological foundation that underpins Steemit-TRON Integration.
One of the features that favor the integration, is the common agreement of the CEO, which, being the same owner facilitates all processes.
What advances do users expect from Steemit-TRON Integration?
Some notable advances, which most Steem blockchain users would expect, are:
- Constant evolution
- Increased economic benefits for users
- Attraction of investors and new revenues
- Expansion of the concept
- Improvements in the interface
- Launch of DaPPs, among others.
I think the Steemit-TRON integration, as well as the launch of the TronLink app, is a great startup that promises to make blockchain even more scalable and reliable.
My own thoughts
I would venture to suggest an enhancement for the TRX exchange which has been going through my mind for some time now:
It would be advantageous to include TRX in the internal Steemit.com marketplace. Although such a tool is designed for STEEM-SBD exchange, I am subjectively of the opinion that the developers could make the attempt to create a space for trading TRX, on the internal market. The user would have greater control of assets from a single back end and the security, interoperability and trust parameters generated by Steem blockchain would be contemplated. For sure this possible improvement would make the Steemit platform a more adaptable ecosystem..
Original content
2021