The easiest passive income on TRON: Staking TRX voting witnesses to get rewards (annualized 4.8%)!

The Simplest Passive Income on TRON: Stake & Earn Staking to Get Earnings

The method of earning passive income (TRX) on the Tron blockchain is very simple, just 3 steps as follows:

1. Stake or lock TRX. It takes 14 days to unlock (staking model v2.0). You can do this on the tronlink wallet (Chrome extension) or tron-cli. Or you can do it automatically and programmatically via the link below: See: Automatically Locking Balances on the Tron Blockchain Using NodeJs and TronWeb/TronGrid
2. Vote for Super Representatives or Witnesses . Make sure to vote for Super Representatives who share 100% of voting rewards.
3. Claiming rewards through Tronscan or automated methods: See: How to use Node Js (Javascript) to receive witness (super representative) voting rewards on the Tron blockchain? – Can claim once every 24 hours

The following is an example, such as staking 155,177 TRX, the daily reward is about 20.75 TRX. Therefore, the annualized rate of return is about 20.75*365/155177=4.88%.

DeFi: Staking and Earning on the Tron Blockchain

This is the way of Decentralized Finance (DeFi) because you don’t need to send TRX to a centralized exchange CEX that could go bankrupt or get hacked. As long as you still have the key to the account (master key), you have absolute control over your funds (account), so the funds are safe. The only risk is that your staked coins (TRX) will be locked for 14 days.

English: Passive Income: Staking TRX on Tron Blockchain and Earn Voting Rewards (4.8% APR)

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