Staking Tron with Ledger
Earn money while holding Tron (TRX)
Staking is the process of holding funds in a cryptocurrency wallet to support the operations of a blockchain network and, in return, holders are rewarded for their contribution.
Tron achieves a high rate of transactions per second (TPS) through a Delegated Proof of Stake mechanism. In the consensus, there are Super Representatives (SR) which are the block producers on the network. By making blocks those SR earn TRX rewards, that are redistributed to their voters.
You can earn passive income by participating in the Tron network using the voting system.
The current annual yield on Tron is around 7%, minus the Super Representatives' fees.
The rewards you’ll receive will depend on the SR you vote for.
You can claim your rewards every 24 hours or receive it directly on your account depending on the SR.
The benefits of staking Tron
Delegated funds cannot be lost or stolen. If a Super Representative isn’t compliant, there is no consequence to you.
High transaction rate
This network has one of the highest transaction rates, making it very scalable by design.
Every day, you automatically receive bandwidth which is used to cover the cost of around 20 transactions.
In addition, you can receive extra bandwidth by freezing your assets.
Why stake with Ledger
Receive your rewards while holding your coins secure on your Ledger hardware wallet.
Freedom of choice
Stake your coins how you want: we give you access to a list of several validators. It's up to you to choose which one you want to go with.
All in one place
Access not only staking but other crypto services: Ledger is the gateway to swap, buy, sell or lend your crypto. All in one place!
Grow your Tron with Ledger
How does it work?
Staking Tron with Ledger Live
What is Tron?
TRON is a smart contracts platform that entered the scene following its $70 million ICO on Ethereum in September 2017.
After officially migrating away from Ethereum in June 2018, TRON has focused on becoming a developer-friendly ecosystem for decentralized applications (Dapps).