Announcement on the Conclusion of TRON Century Mining and New Mining Integration Launch on JustLend…

This article was first published on Stories by TRON Foundation on Medium

Announcement on the Conclusion of TRON Century Mining and New Mining Integration Launch on JustLend & JustSwap

Dear TRON users:

Since its launch on March 8, 2021, TRON Century Mining has won world-wide attention and numerous participants thanks to its low entry barrier and ultra-high rewards. Over three rounds of mining, TRON Century Mining has achieved a record-high TVL of over $5.8 billion, which accounts for over 40% of the total TVL of TRON’s DeFi projects.

TRON Century Mining was officially concluded on June 7, 2021 at 20:59 (SGT). As scheduled, we will distribute a total of around $200 million worth of rewards to participants. As of now, around $80 million worth of TRX, JST, BTT, SUNOLD, and WIN have been distributed, with the rest $120 million worth of tokens to be unlocked and distributed soon. Below are the details:

Allocation of the five tokens as rewards for TRON Century Mining

Upgraded brings ultra-high mining rewards

Following the successful TRON Century Mining, SUN platform is also initiating a token redenomination and upgrade plan. This upgrade is aimed to build SUN platform into TRON’s first one-stop platform that supports stablecoin swap, token mining and self-governance. To echo the SUN team’s effort in extending benefits to the wider public and TRON’s commitment to go all-in on expanding its stablecoin DeFi ecosystem, the founder of TRON and CEO of BitTorrent Justin Sun has decided to give away five billion SUN tokens as rewards to miners and veCRV holders. This campaign offering unprecedentedly generous rewards will last as long as five years, with the ultimate goal of sharing the benefits of the TRON ecosystem with TRON’s followers and participants.

In less than a week after the launch of Genesis Mining and airdrops to veCRV holders, the 3pool TVL on has hit a record high ...

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Stories by TRON Foundation on Medium

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