Let the data speak for itself: Sun Yuchen's TRON deserves attention

Article source: Pit Hound

Original link:

https://weibo.com/ttarticle/p/show?id=2309404619011743940855#_0

Justin Sun, founder of TRON, recently said in a live broadcast event: "In 2021, we will further refine the depth of DeFi products and provide the entire blockchain industry with scalable, low-cost and secure blockchain networks and DeFi products. For DeFi users, industry development will provide users with more diverse choices. And I am confident that TRON DeFi will become the safest and most reliable choice for users."

2021 is the fifth year of development for TRON. Along the way, Justin Sun has been leading TRON to move forward, continuously deepening the construction of TRON DeFi ecosystem, and strengthening TRON's entire ecological network. He is committed to making TRON a universal tool for more developers, more industry participation, and forming a blockchain+ business model.

In recent days, the development of TRON DeFi ecosystem has also delivered gratifying results. According to the latest data, on March 18, 2021, the total locked value (TVL) of TRON DeFi has reached a new high of 7.3 billion US dollars. This outstanding achievement is inseparable from the recent popular TRON "Century Mining" event.

On March 8, 2021, the TRON Five-Coin Century Mining was officially launched. 15 minutes after the event officially started, the total locked value (TVL) exceeded 1.2 billion US dollars. The latest data so far shows that the total locked value (TVL) of the TRON Century Mining has exceeded 2.4 billion US dollars. The TRON Five-Coin Century Mining is the most powerful, intensive and extensive DeFi mining in the industry. Its innovation and high profitability have attracted a large number of people to participate. At the same time, its popularity has once again proved the unlimited potential of the TRON DeFi ecosystem.

As we all know, Ethereum has limited its further development due to its various shortcomings that are difficult to effectively solve, and TRON is working hard to catch up with Ethereum. Over the years, TRON has invested a lot of energy and time in building its ecosystem, and the TRON DeFi it has built has shown a flourishing state.

At present, TRON DeFi projects have been widely distributed in more than ten fields, including stablecoins, wallets, lending, exchanges, storage, cross-chain assets, liquidity mining, oracles, anonymous transactions, social networking, games, etc. JustLend, JustSwap, etc. have become popular products in the currency circle. According to the latest data, with the rapid development of TRON ecology, JustSwap's total liquidity has once again broken a new high, reaching 1.049 billion US dollars, and the transaction volume on the 7th reached 390 million US dollars, a year-on-year increase of 39.82%!

As Justin Sun, founder of TRON and CEO of BitTorrent, said, “TRON and BitTorrent are working hard every day to provide the best blockchain solutions for the world.”

TRON has always adhered to the principle of "re-decentralizing the Internet", taking the promotion of Internet decentralization as its mission and devoting itself to building infrastructure for the decentralized Internet. Its TRON protocol is one of the world's largest blockchain-based decentralized application operating system protocols, providing high-throughput, high-scalability, and high-reliability underlying public chain support for the operation of decentralized applications on the protocol. TRON also provides better compatibility for Ethereum smart contracts through an innovative pluggable smart contract platform.

2021 is a year of high DeFi enthusiasm. After the tide recedes, those who can still stand out in the industry will definitely be those excellent public chains with technical strength and a complete ecological chain. I believe that the future development of TRON is still exciting, and the strength of TRON deserves to be seen by more people.