Staking TRX FAQ
Staking is a way of earning cryptocurrency that is similar to a deposit in a bank. When you put your cryptocurrency coins into staking, you help secure the network and keep it running. For this, you are rewarded in the form of additional coins or tokens. It should be noted that the undeniable advantage of this method is the complete safety of this process. By transferring your savings to the bank, one way or another, the bank takes over the right to own the assets, with all the risks involved. However, with staking, your funds are not transferred anywhere and remain on your wallet. They cannot disappear, be stolen, etc
The process of TRX staking on the TRON network typically involves the following steps:
Token freezing (staking):
Users block a certain number of TRX tokens to show their support for the network. Frozen tokens cannot be used for a certain period of time.
Super Representative Election:
After staking, we get TronPower (TP) or as it is also called - Votes. We can cast these votes for any Super Representative, Super Partner, Validator or Witness. In the TRON network, Witnesses play an important role in ensuring the health and security of the network. They are responsible for confirming transactions and creating new blocks on the blockchain. The TR.ENERGY service will automatically allocate your votes for those Validators who will be the most profitable.
Rewards:
For participation in staking and voting, users can receive additional TRX tokens as a reward. The TR.ENERGY service automatically takes the reward and sends it to your account in addition to the main yield on staking, which is generated by our company.
Token Unfreezing:
At any time, users can make an unstake, that is unfreeze their tokens and use them further at their discretion. Under the terms of the TRON network, unstaking takes place within 14 days.
Although TR.ENERGY works with complex blockchain mechanisms, you don't need to get into the intricacies of the process. Now there's a simple and safe way for you to invest TRX. You can read how the whole staking process works in this article, then it will become clearer that we have created a very convenient and simple service for the user. We have tried to automate and secure this process, we have added a reinvestment function to ensure compound interest. There is a developed referral programme that allows you to multiply your income.
Convenience and simplicity
Although TR.ENERGY works with complex blockchain mechanisms, you don't need to get into the intricacies of the process. Now there's a simple and safe way for you to invest TRX. You can read how the whole staking process works in this article, then it will become clearer that we have created a very convenient and simple service for the user. We have tried to automate and secure this process, we have added a reinvestment function to ensure compound interest. There is a developed referral programme that allows you to multiply your income.
Revenue
We draw your attention to the high profitability of our service, compared to any competitors. These are not just numbers, but an accurate business model. TR.ENERGY combines two services - TRX staking and energy rental to reduce commission costs in TRC-20 transactions. The moment some users do staking with us, energy is generated for other users. In the end, everyone wins. Stakers get high interest on their deposits and energy buyers get transactions cheaper!
Security
Cryptocurrency staking at TR.ENERGY involves yours owning private keys that give you access to your coins. Accordingly, you have full control over your crypto assets - unlike staking on crypto exchanges like Binance, Kraken, and others. TR.ENERGY has also developed an algorithm to select the most profitable validator to which cryptocurrencies will be entrusted. It's impossible to do something like this on regular exchanges. Finally, you won't have to pay commissions that trading platforms charge for their services.
Of course, only you own it! Staking crypto assets in our service implies full control of the owner over them. When connecting your wallet to your personal account, you only transfer the rights to manage the energy from your crypto assets. The owner of the private keys is exclusively you, the amount for the stake is "frozen" in your account and it is possible to make an ansteak, at any time you wish.
To work with our service you need to connect the wallet where the funds for staking are located. After that you should give us the rights for energy management. Please note, you delegate ONLY energy management to us, we do not have access to your TRX.
Enter your email in the “Email” field, which will receive a confirmation code.
On the next screen you can enter your inviter code. If there is no such person, skip this screen.
The first time you log in to your account, you will receive training on how to use the site. Carefully familiarise yourself with the functionality and complete the training.
You need to select the wallet you want to connect to staking
You need to select the wallet you want to connect to staking
For example, Tronlink is selected. Connecting the wallet.
Next, we need to issue rights to our site for staking. The cost of 100 TRX is charged by the TRON network.
Sign the rights issue transaction.
Purchase of Reactors. To make a stake worth between 6,000 TRX and 1,000,000 TRX and to participate in the Affiliate Programme, you must buy a minimum of 1 reactor. The number of reactors to buy is unlimited. Reactor is valid for 1 year. Each reactor increases the max staking limit by 1 million TRX
You can pay for the reactor in several ways. Choose a convenient application or transfer the amount by QR code.
If the conditions above are met, you're ready to do the staking! First stake starts from 6,000 TRX
Enter the required number of TRX in multiples of 1000 TRX and finish the process with the "Confirm" button.
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Enter your email in the “Email” field, which will receive a confirmation code.
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On the next screen you can enter your inviter code. If there is no such person, skip this screen.
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The first time you log in to your account, you will receive training on how to use the site. Carefully familiarise yourself with the functionality and complete the training.
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You need to select the wallet you want to connect to staking
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You need to select the wallet you want to connect to staking
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Click WalletConnect. Next, we recommend selecting Trust Wallet
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Click WalletConnect. Next, we recommend selecting Trust Wallet
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Click WalletConnect. Next, we recommend selecting Trust Wallet
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Click WalletConnect. Next, we recommend selecting Trust Wallet
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Next, we need to issue rights to our site for staking. The cost of 100 TRX is charged by the TRON network.
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Next, we need to issue rights to our site for staking. The cost of 100 TRX is charged by the TRON network.
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Sign the rights issue transaction.
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Purchase of Reactors. To make a stake worth between 6,000 TRX and 1,000,000 TRX and to participate in the Affiliate Programme, you must buy a minimum of 1 reactor. The number of reactors to buy is unlimited. Reactor is valid for 1 year. Each reactor increases the max staking limit by 1 million TRX
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You can pay for the reactor in several ways. Choose a convenient application or transfer the amount by QR code.
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If the conditions above are met, you're ready to do the staking! First stake starts from 6,000 TRX
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Enter the required number of TRX in multiples of 1000 TRX and finish the process with the "Confirm" button.
To start staking in our service you need to purchase a reactor subscription. 1 reactor increases the investment limit by 1 million TRX. The subscription is valid for 1 year, the price is 100 TRX, you can purchase any number of reactors.
Payment for the next year will be deducted automatically from your balance in your personal cabinet. We will send you a notification about future debit 30 days before and 15 days before this date. If you do not wish to continue using our service, you can make unstake at any time.
To delete your account, you need to go to your account settings. On the “Profile” tab click the “Delete account” button. At the same time, you should not have active stakes and active wallets of energy consumers. Once deletion is confirmed, you will have 7 days to cancel your request. All information about your account is permanently deleted.
The user may be blocked for misuse of the service and/or for performing unauthorized actions.
- Independent management of energy delegation, specifically energy withdrawal and redirection at one's discretion
- Unstaking without using the TR.ENERGY personal account interface
- Revoking permissions on the TRON blockchain (granted when connecting to the TR.ENERGY service) while having an active stake made through the TR.ENERGY service
- Violation of the service's terms of use
- Attempt to gain unauthorized access to systems or data
- Using the service for illegal or harmful activities
- Any other actions that could harm the service or other users.
In case such actions are detected, the service administration reserves the right to temporarily or permanently block the user’s access without prior notice.
The Ledger wallet does not support automatic connection to the site for staking, so you need to manually grant our service the necessary permissions. The cost of this action is 100 TRX, the amount is charged by the TRON network.
1. It is necessary to connect the Ledger to the Tronscan.org website. Be careful and check the website address before connecting!
2. Next, go to the Permissions section.
3. Click the "Edit Permission" button.
4. Click the "Add Active Permission" button.
5. Fill in the "Permission Name" field - tr.energy.
Select the required permissions:
- Vote
- Claim Voting rewards
- TRX Stake (2.0)
- TRX Unstake (2.0)
- Withdraw Unstaked TRX
- Delegate Resources
- Reclaim resources
Threshold = 1
Our address for granting permissions = TMP3f4UtGBc3dMAj7eA2afzyULaehN3uhZ
Weight = 1
Save using the Add button.
6. Next, you need to contact technical support at
[email protected] and inform them that you want to connect the Ledger to our service and that the permissions for staking have already been granted.
