TRON
TRXUSD

TRON is a permissionless Layer-1 blockchain positioned as a high-throughput settlement network for payments, stablecoin transfers, and smart-contract applications, with execution provided by the TRON Virtual Machine (TVM). The network is secured by Delegated Proof-of-Stake (DPoS), where token holders elect a fixed set of 27 “Super Representatives” responsible for block production, enabling fast finality and low-friction transaction processing. Fees are denominated in TRX, but TRON’s economics are built around a resource model—Bandwidth for basic transfers and Energy for smart-contract execution—which can be obtained by staking (“freezing”) TRX, so routine activity can be executed with minimal explicit fees. TRON’s mainnet launch and migration of TRX to the native chain took place on June 25, 2018, and governance later transitioned from the TRON Foundation to a community-led TRON DAO following the Foundation’s dissolution in July 2021.