TRX Staking Now Available on Ledger Live through Yield.xyz
- TRX, the native utility token of the TRON network, can now be staked directly on Ledger Live.
- This integration allows millions of Ledger users to access TRON’s governance staking rewards securely.
- TRON’s Delegated Proof of Stake (DPoS) system is supported by Super Representatives including Google Cloud and Binance.
- Users benefit from automated reward compounding and streamlined unstaking processes managed by Yield.xyz.
- Unstaking requires a cooldown period of two weeks before TRX becomes liquid again.
The collaboration between Yield.xyz and Ledger enhances user access to secure Staking opportunities within the TRON ecosystem, reflecting a growing institutional confidence in its infrastructure.
As of October, TRON has recorded over $26 billion in total value locked (TVL), showcasing its significant role in the blockchain space.(Source)
