Justin Sun: Tron network fee reduction of 60% will take effect today

ChainCatcher News, TRON founder Justin Sun stated that the TRON Super Representative community proposal will reduce Tron network fees by 60%. This is the largest fee reduction since the establishment of the Tron network. The proposal has already been approved and will take effect at 20:00 (GMT+8) on Friday.

Regarding this proposal, Justin Sun expressed the following views: Lowering fees is a tangible benefit for users, and a 60% reduction is a bold move that most networks cannot achieve. While this may impact the short-term profitability of the Tron network, it will enhance its long-term profitability, as more users and more transactions will take place on the Tron network. The TRON Super Representative community will conduct quarterly dynamic reviews of network fees in the future, evaluating the network's pricing based on indicators such as TRX price fluctuations, network usage, and future growth rates, to ensure a balance between the profitability and competitiveness of the Tron network.