TRC20-USDT Incentive plan starts reaching users today

16 Jul, 2019
by Alberto Arnaldo
News
TRC20-USDT Incentive plan starts reaching users today

Some good news for TRON are just out, even if they are their own news. The latest weekly report of the Justin Sun-led Project has advances in the stablecoin field as its most relevant novelty, although is that really whay their community wants the most right now?

According to the community update, starting today, 16th of July, up to the 15th of August, the TRC20-USDT Incentive Plan 2.0 will start to reach early users. The idea behind this is that TRON will partner with exchanges in order to pay interests back to users, in the TRC20-USDT token, which will be exchangeable for currently available USDT. Per the latest announcement, the annualized return rate for holders of TRC20-USDT could be as high as 100%.

Another highlight of this week’s TRON report are the mentions to fake claims by several fraudsters who assured having been invited to join the Sun – Buffett lunch. The company backing the token has assured that the only invitations they hae extended in so far have been for Litecoin, Binance and Huobi.

Apparently, some of the fraudsters have even been using their alleged presence in the event reuniting one of the best-known faces of crypto with an almost-mythical investor in order to try and get money from others.

Finally, this week’s number of the TRON report ends with mentions to the BitTorrent Speed public beta, which is closing in, and a brief comment to the DAPP market report of Q2, which again ranks TRON first in terms of DApp user growth in the second quarter of the year.

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