How to Stake your Tron using Tronlink

in Steem Marketing3 years ago

With the alliance that came about some months back with tron and steem, steemians are now privileged to earn tron rewards as part of their steem, steempower and sbd rewards. Most of us are familiar with the staking of steem or in otherwise reinvesting steem into the blockchain through powerup to help push the steemit ecosystem forward but very few of us know of staking the tron part.

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Staking tron is just like staking your steem, the same way that you get to benefit from your steem power as you stake more and grow on the blockchain it is in similar or same format that this works and once staked you also get to not only help the blockchain but also earn from it. It may not be much or equate to steem curation or author rewards however if you have no intention of touching your tron and seeks to grow with the blockchain then these simple steps can guide you.


Steps to Investing your Tron


  • First and foremost you will need the tronlink app which can be accessed on google playstore on android and on appstore on IOS. Once downloaded proceed to login with your private keys as obtained from the pdf when setting your tron account on your steemitwallet.com

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  • Once your account has been uploaded you will see the total amount of tron you have accumulated at main interface. Now the rest is quite simple but mind you is it very pertinent that the password you set for your tronlink app is kept safe or one you do not forget because you will need it for every transaction conducted on the app.

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  • There is the vote options available and the freeze options, before one can stake one will need to freeze their tron to make it available for voting. Note that tron once frozen can only be unfrozen after 72 hours. So let's proceed to freeze.

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  • At the freeze option you may freeze your tron in bandwidth or energy. Either of them will make it possible for you to stake and get some returns on them. You are going to need your password to verify the process once the number for freezing is entered.

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  • Once freezing is that we come back to the main interface and proceed to the vote option. Here you will see the amount you froze available for voting, now you see lot's of options with whom you can lend your tron for voting, i prefer to work with those who have good returns for you.

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  • Choose one, input the amount you wish to stake based on the total available, proceed with your password and you are done. Congratulations on staking your first tron on the tron blockchain. Now you can come back after some few days to see how much you have earned from them and claim.

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  • To claim your tron you will need to go to the freeze option from the main interface, there you will see unclaimed tron, click on it, claim and if prompted for your password add it accordingly. Claimed tron may further be used to also stake.

Conclusion


Just as it is with staking your steem, so it is with staking your tron. You can give it a try following these simple steps, it is that simple and if you encounter any difficulties feel free to leave a comment or reach out for help. thanks for your attention and i do hope you have a wonderful time


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Thanks for the tutorial, very useful

 3 years ago 

You are very much welcome senior

Nice steps bro. You really simplified it here.

 3 years ago 

Very grateful. You’ve really Simplified things

 3 years ago 

You are welcome

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