TRON Unites as Silver Sponsor at SmartCon, Justin Sun Announces TRON Integration with Chainlink Data Feeds

Share This Post

Geneva, Switzerland, November 6, 2024 – Justin Sun, Founder of TRON, Global Advisor of HTX and Prime Minister of Liberland, delivered a keynote address at the Chainlink SmartCon, held in Hong Kong from October 30 -31. This industry-leading conference brought together top blockchain founders and experts from the world’s largest financial institutions and market infrastructures, where TRON DAO was featured as a Silver Sponsor. During his keynote speech, Sun announced that Chainlink Data Feeds will become the official data oracle solution for the TRON blockchain ecosystem as part of TRON DAO joining the Chainlink Scale program.

Event Highlights

TRON DAO was proud to participate as a Silver Sponsor at Chainlink’s SmartCon, where its booth became a vibrant hub for engaging with industry leaders, developers, and blockchain enthusiasts. The event offered TRON a valuable opportunity to showcase its latest innovations and vision for empowering creators, developers, and users through a decentralized ecosystem.

Justin Sun’s Keynote Highlights

“Chainlink’s industry-standard data oracles will help secure JustLend and JustStable—the two largest DeFi applications on TRON, representing over 6.5 billion in Total Value Locked (TVL),” Sun stated. TRON’s participation in the Chainlink Scale program provides developers with sustainable access to high-quality and hyper-reliable oracle services while also creating additional opportunities for Chainlink and TRON’s $60 billion in stablecoins and real-world assets (RWAs).

Initially, TRON will cover certain operating costs of Chainlink oracle networks (e.g., transaction gas fees) for a period of time, before such costs can transition to being fully covered by dApp user fees as the ecosystem matures.

Sun also highlighted the TRON blockchain’s significant growth, reporting a global user base of over 270 million accounts and 8.8 billion transactions. Additionally, the TRON blockchain achieved historical highs with $577 million in quarterly protocol revenue in Q3 2024.

Looking Ahead

In closing his keynote, Sun highlighted several initiatives on TRON’s roadmap: a Bitcoin Layer 2 solution and gas-free stablecoin transfers. With these key initiatives, TRON DAO plans to expand accessibility, empower developers, and ease blockchain adoption, setting a strong foundation for developers and projects building on the TRON blockchain.

About TRON DAO

TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of November 2024, it has over 270 million total user accounts on the blockchain, more than 8.8 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN.

In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO . Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.

TRONNetwork | TRONDAO | X | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

Media Contact
Yeweon Park
[email protected]

The post TRON Unites as Silver Sponsor at SmartCon, Justin Sun Announces TRON Integration with Chainlink Data Feeds appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Binance OI Hits All-Time High, Bullish Sign or Risk Ahead?

The post Binance OI Hits All-Time High, Bullish Sign or Risk Ahead appeared first on Coinpedia Fintech News In the past 24 hours, Binance has set a new record as the market sentiment shifts and

Shiba Inu Burn Rate Ignites 3,674% On Election Day, Will SHIB Move With Dogecoin Price To New ATH?

Shiba Inu (SHIB) recently witnessed a significant increase in its burn rate, surging 3,674% on US presidential election day Interestingly, this spike has come amid reignited interest in the SHIB

Hut 8 Gears up for a Mining Power Surge With 31K New Bitmain Antminers

Hut 8 Corp, a North American bitcoin miner, has unveiled plans to enhance its application-specific integrated circuit (ASIC) fleet, aiming for a boost in self-mining efficiency and expanded hashrate

JPMorgan to launch instant euro-dollar conversions on its blockchain

JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months  According to a Bloomberg News report, the bank will

Bitwise CIO Declares: ‘We Are Entering The Golden Age Of Crypto’ With Years Of Bull Market Ahead’

As Donald Trump secured his return to the presidency for the 2025-2029 term, Matt Hougan, Chief Investment Officer at Bitwise Asset Management, expressed a bullish outlook for the cryptocurrency

Ripple CEO Calls on Trump for Sweeping SEC Reforms in First 100 Days

On Wednesday, Ripple CEO Brad Garlinghouse offered a pointed roadmap for the early days of Donald Trump’s administration, outlining immediate steps that could reshape digital asset regulation