SRM Entertainment has staked all of its approximately 365 million TRX to earn staking rewards

Odaily Planet Daily reports that TRON (TRX) holder SRM Entertainment, Inc. (NASDAQ: SRM) announced today that it has successfully staked its 365,096,845 TRX tokens through the JustLend platform. By combining standard staking rewards with energy leasing, this operation can boost the annual yield on TRX staking to as high as 10%. This move follows the company’s $100 million financing completed earlier this month and is intended to launch its TRX reserve strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: Long-term holders sold 295,000 BTC within 30 days, much less than the 800,000 on May 12, 2024
Federal Reserve meeting minutes reveal divisions over rate cuts, US Dollar Index strengthens
Web3 fantasy sports platform Sorare will migrate to Solana
DeFi Development announces the launch of the Japanese Solana treasury project DFDV JP
Trending news
MoreCrypto prices
More








