SRM Entertainment, Inc., a company listed on NASDAQ under the symbol SRM, has just announced its commitment of 365,096,845 TRX through the JustLend platform, marking a significant step in its cryptocurrency asset development strategy. The combination of standard Staking rewards and energy leasing optimizes the annual yield of TRX Staking, which can reach up to 10%. This is a strategic move following SRM Entertainment's successful completion of a $100 million funding round aimed at implementing a TRX Token reserve strategy, while also planning to rename the company to Tron Inc, signifying a strong transformation in the cryptocurrency and blockchain sector.
The strategy of committing TRX through the JustLend platform and Staking benefits
The commitment of over 365 million TRX is an important part of SRM Entertainment's long-term plan to increase financial resources and expand its influence within the TRON ecosystem. JustLend, a leading lending and Staking platform within TRON, enables investors to optimize returns through the combination of traditional Staking rewards along with energy leasing mechanisms.
Thanks to this mechanism, users participating in TRX Staking not only receive direct rewards from locking Tokens but also benefit from energy leasing, helping to raise annual yield levels up to 10%, significantly higher than simple Staking methods.
Completed $100 million funding for TRX reserve strategy
The commitment to TRX comes immediately after SRM Entertainment successfully completed a $100 million funding round. This amount is used to implement the TRX Token reserve strategy to ensure a stable supply and strengthen the company's financial power in long-term development plans within the TRON ecosystem.
This is a thorough preparation that helps SRM Entertainment not only solidify its position in the cryptocurrency industry but also demonstrate its commitment to sustainable development based on advanced Blockchain technology.
Renaming the company to Tron Inc – Repositioning in the cryptocurrency market
Alongside its financial and technical strategy, the company also plans to rename itself to Tron Inc, reflecting its repositioning and commitment to focusing on the TRON ecosystem. The name change marks a new phase, aiming to become a leading business in the field of cryptocurrency and applied Blockchain solutions.
Tron Inc will continue to drive technological innovation initiatives, expand DeFi services, and develop a diverse product portfolio to meet the trends of the global cryptocurrency market.
Source: https://tintucbitcoin.com/srm-entertainment-staking-365-trieu-trx/
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