TRON announces $20M incentive scheme for USDT-TRON hodlers

22 Mar, 2019 | Updated: 22 Mar, 2019
by Fifi Arisandi
News
TRON announces $20M incentive scheme for USDT-TRON hodlers

An update coming from TRON’s CEO, Justin Sun on his newly-launched USDT-TRON stablecoin project.

After several good news from major exchanges, like Huobi and OKEx on their support of the USDT-TRON on their platforms, Sun announced a new campaign for all the stablecoin hodlers.

Read more: OKEx now supports USDT-Tron stablecoin

Titled “USDT-TRON $20M Incentive Plan”, the campaign offers a reward for all USDT-TRON hodlers. The reward scheme seems to be quite generous with an initial APR (Annual Percentage Rate) of 20% for hodling period of 5 days (April 30th – May 4th).

During the 100 days campaign, the APR will change according to the hodling period. For example for a 5-days hodling on May 5th – May 9th, hodlers will get 12% APR, while for a 14-days hodling from June 1st to 14th, they will get 3% APR.

The lowest APR will be given for the longest hodling period from June 15th to August 7th, which is 1% for 54 days of hodling.

TRON sets a budget of $20 million for the campaign, at the same time, mentions that there’s no hard cap to it.

It seems like TRON is eyeing the USDT-OMNI hodlers as the announcement clearly states “Swap USDT-OMNI to USDT-TRON now!”

How will the USDT-TRON progress moving forward? Stick with Chepicap to find out.

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Poll

Do you become interested in USDT-TRON after knowing the incentive scheme?

(23 votes)

Add a comment

Huobi and OKEx are among first to give support for new version of tether built on TRX
22 Mar, 2019 - 10:19
well yeah, it is so good that top exchanges will list tron-tether first
22 Mar, 2019 - 19:52
This Tron-Tether project becomes more and more interesting!
22 Mar, 2019 - 22:07
Cool that 2 exchanges have already interested in Tron and Tether partnership.
22 Mar, 2019 - 23:34
This will certainly increase their liquidity even more.
23 Mar, 2019 - 21:58
"Earning of initial 20% APR in USDT-TRON" I am ready to invest now!!!
25 Mar, 2019 - 22:28
yeeeah! I wanna to get tether-tron as well
11 Apr, 2019 - 00:17
Example of cool campaign for promotion of Tron-Tether project.
25 Mar, 2019 - 23:03
Wow, it's very cool conditions for investors in the coin tron-tether
26 Mar, 2019 - 20:50
I plan to join this coin tron on tether platform! If they invest such a huge amount of money in it, it is doomed to success!
26 Mar, 2019 - 21:59
it seems to me that investing in USDT-TRON coin is very profitable
26 Mar, 2019 - 22:29
perspective exchanges Huobi and OKEx which looking forward adding USDT-TRON
27 Mar, 2019 - 17:10
Its really generous what Justin Sun is doing
More exchanges will support this stablecoin and this new project will be really a breakthrough!
27 Mar, 2019 - 20:11
i hope that this new TRX stablecoin will be much more stronger and reliable than Gemini token that is definitely a scam
28 Mar, 2019 - 09:59
Do you become interested in USDT-TRON ? Yeess!
not only me, all the cryptocommunity!
17 Apr, 2019 - 08:21

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