GM Buddy, thank you for your honest say.
So briefly, take a look at this
For the full gist is here
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I support this proposal, a lot of activity is coming on Tron, won’t be surprised if and when BlackRock buys in on the TRX ETF, it’s all to boost price.
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gm Manfred, the news is that the proposal has been implemented.
and with immediate effect check your new voting reward in tron link wallet.
might be a bit of not comfortable with it, but with time the rest of tronics
will get to react or adapts. we might see some unstaking or so.
in whatever case, if the price of our trx will be up up up, then we should be good
@HODL @Lumison
6 Likes
Happy weekend TRONics in the forum. trust we all doing good.
About a day ago the proposal #102 of
Propose to modify SR block generation reward to 8 TRX
Propose to modify the block voting rewards given to the top 27 SRs
and the following 100 partners to 128 TRX
and from this, implemented, which voting reward dropped
According to @cryptoelephant
Poll of the day.
How will this new change Affect your staking participation on tron from now onward?
- i’ll still be staking my trx, but not adding more to stake
- i’il continue to stake and add more to my stake
- currently not staking trx
- i will unstake my trx
- i have trx but not staking
- others, please share
- my personal decision, will not share.
0
voters
@fabsltsa @Lumison @TuruGlobal @HODL @Relate101 @Youngyuppie @ines_valerie
@TMMS @iTellFibs @leohymon @AiMAce @AInsure_CORA @manfred_jr @stian everyone
9 Likes
I will always continue to stake and keep adding more if it is possible for me. I feel network fees also needs to be adjusted now to keep the network cheap to transact on. Both block rewards and network fees needs to be adjusted depending on the price of TRX against the fiats. Also I do not think there will be much unstaking after this proposal. Those staking know the power of the TRON network. But if people unstake cause of this we will know those are the weak hands as they say in crypto world.
4 Likes
same for me…
lols, believe they have the normal right to unstake and move on, i mean who ever.
on this reduced network, care must be put in to balance with the energy market.
just thinking loud… on behalf of …
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Energy market will not be affected because of current proposal I think. It can get affected if we lower network fees.
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I know, wasn’t reffering to this recent #102 proposal to affect energy market.
but i meant this
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Yeah this maybe affect the energy market.
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lols, discussion of the future. before then let stack more trx
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I will be staking but I will not be adding more because the sr have been reduce but instead of that I will just be holding and be taking profit
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Hopefully the reduction in SR rewards would directly influence the price, let’s see.
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good morning everyone, thank you for your contribution.
today we now have another pool to share our point of view. thank you
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Aside from staking on Tron, which the native token is stable in upward growth.
as we also understand staking and its passive income earnings across blockchain.
Q:- Are staking really profitable to average Joe staking to earn?
- Yes, but in long term
- No.
- It depend on the price of the based token staked
- I dont have an idea
- I’m not staking
- Other point of view, pleas share
- Only for the whales
0
voters
watch this video to have a cue
@fabsltsa @Lumison @TuruGlobal @HODL @Relate101 @Youngyuppie @ines_valerie @tronpower.xyz @tronsave.io @Taurusmater @Lisa1 @Andreaxino @Kara @Mkjoe
@TMMS @iTellFibs @leohymon @AiMAce @AInsure_CORA @manfred_jr @Prince-Onscolo @stian everyone
7 Likes
Profitable not only for whales, but to get passive income or some benefits to support daily life it is needed an huge amount of coins.
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It’s mostly profitable , with the only issue typically being the transaction fee and (if any) withdrawal fees for unstaking , depending on the protocol/platform
If you’re talking about blue chip coins/tokens , then sure.
But you’re talking about tokens that are based on hype , 100% guaranteed promise of high returns with no real explanation of the business model or where the yield comes from , then users risk losing their assets/ value of their assets.
And it is also just as important as how the staking works. You see in defi products, there are vaults which deploy assets to 3rd parties , those have inherently higher risk. So you must assess that risk as well.
Another point is whether there is liquidity for the tokens. Honeypots , aka scams , can promise high APY but then you find out there is no liquidity to swap out your token for any other asset. Even if a token is not a honeypot , it low liquidity can be a red flag and might be a slow rug.
And after all that , if it is still as trusted as can be , it may cost you profits because of slippage because of low liquidity.
Subtle plug , ignore if you want
Tronpower.xyz has done its research in defi and is building the next-gen defi protocol that solves the problems existing models solve in a better way , and solves “side effects” problems that existing solutions have as part of their solution. We’re in stealth so that’s all we can reveal now.
Be sure to check us out and follow our twitter 
3 Likes
Imo it’s profitable irregardless of the angle you look at it, whether for whales or small holders. For instance even on the Tron network if we’re referencing TRX, you could still get energy for staked trx and this almost eliminates actual transaction costs for each initiated transaction, so it’s a win-win.
3 Likes
For Clarity sake, is this staking concept and pool based on Tron native token, or its ecosystem tokens
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happy sunday @Youngyuppie
good observation, first the pool is general staking across all blockchain.
but to be more special, depending on your point of view you can share.
but extending it, have you had experiences with staking
either memecoin or airdrop token? then the video above can relate.
1 Like
wounderful contribution in here.
love the fact you reference TRX, yes that right.
that is why understanding the extra benefit of staking trx
can be passive earning or tx cost savings.
but it varies with other chain. for tron…
king of passive income… the best i know so far
1 Like