UPDATE 4! (Feb 17th 2019, 11pm EST)
Well, another big change in our program, this time due to a “technical” issue: we are upgrading TWX token to TRC20. What does this mean for you? A lot actually:
- TWX is now smart-contract enabled and the possibilities are endless — from freezing TWX to atomic swaps, multi-signatures to extra security.
- As a Loyal voter (7 days or more consecutive voting) you have now started receiving TWX even if you only voted 1 TRX. How? TWX now supports decimals, so you need not thousands of TRX votes to reach 1 TWX reward.
- As a direct result of our SWAP program to TRC20, over 2,000 voters NOW get TWX Loyalty rewards, up from 680 voters with previous TRC10 TWX tokens.
- In addition to TWX Loyalty rewards, we continue to distribute TRX rewards daily, you can check your balance in any wallet. If you are on TronWallet, you will receive a daily notification when rewards are sent.
Please make sure you use TronWallet (download here) as you will see your TWX rewards directly on your balance (other wallets need to add TWX TRC20 smart contract)
Once again, thanks for voting and showing your SRkin in the Game and help TronWallet and our community advance and further support adoption and advance the TRON ecosystem.
UPDATE 3! (Feb 2nd 2019, 11pm UTC)
After almost 2 months with this program, here are some figures and insights:
2,390 wallets/voters, on average, participate in our program SR program! Thanks for your support all this time, our commitment to improve the TRON ecosystem remains unchanged.
1,859 voters on average are qualifying wallets for TWX Loyalty Rewards — having voted 7-days (28 consecutive rounds). This is a 100% increase! Considering that in this period the price of TWX has appreciated considerably, our early Loyal voters have earned more than just TWX.
Effective today (round #892), we are adjusting our programs to distribute:
- TWX Loyalty — increase pool to 30000 TWX Daily pool
- TRX rewards — adjusted to 80%
- At current TronWallet SR voting and Loyalty level, to qualify to receive Additional TWX, minimum vote amount is: ~4100 TRX (estimated)
The remaining 20% undistributed TRX rewards will be used as follows:
- 5% — Operational/server costs. Operating a Super Representative (SR) requires significant resources, mostly server, storage and scripting.
- 15% — Dapp Development. We will invest in further improving TronWallet Dapp browser and on upcoming, innovative Dapps from the community and developers.
- 0% — Team. We remain committed to TronWallet SR and using these resources to improve the TRON.
Once again, thank you for your support and Loyalty! Please share your opinion and join the discussion on our telegram channel.
UPDATE 2! (Nov 24th, 1am UTC)
After running the 1st 7-day cycle and a couple more, we have now issued the first 3 Additional TWX rewards payments. Please check whether you qualified and earned!
Some insights based on results of past 9 days:
- 900 wallets, on average are qualifying wallets — having voted 7-days (28 consecutive rounds)
- For the first 7 days with large pool of 70000 TWX - 350 wallets received TWX rewards
- ~220 wallets receive TWX Additional rewards — every 24 hours
- At current TronWallet SR voting and Loyalty level, to qualify to receive Additional TWX, minimum vote amount is: 12000 TRX (estimated)
From today, we have added/updated the following conditions for Additional TWX rewards:
- 7-days (28 consecutive rounds) of unchanged or increased votes. If amount of votes is reduced between consecutive rounds, consecutive counter is reset to 0, thus not qualifying for Additional TWX rewards until the following 7-day period.
- Simplified Additional TWX Pool table:
UPDATE! (Nov 15th, 11pm UTC)
After suggestions from the community, we have decide to modify and improve the ADDITIONAL TWX rewards for voting for TronWallet SR. The current TRX — 97% distribution rate does NOT change and continues in effect.
Starting from round 568 (approximately 48 hours ago) all voters that keep at least 7 consecutive days voting for TronWallet SR will receive TWX rewards from the 8th day and every day after as long as the votes are kept during ALL voting rounds (4 per day).
The daily TWX pool (generated by our TRX votes for TronWallet) to be distributed proportionally among qualifying voters as rewards will be calculated as follows:
We will evaluate results of this program weekly and decide whether to continue, stop or modify the ADDITIONAL rewards in TWX.
If you’re a follower of our project, you’ll relate to why we are here today announcing the evolution of our program. If not, please read on.
Back in September, we announced our manifesto to run for SR, little did we know what was to come, however, the intention to contribute from our project and give our growing community a voice on the evolution of TRON remains intact to this day. After setting things up and having our ninjas do the right things to make sure all went smooth…the votes were not coming. Learn and improve. Eventually, the program was adjusted, operation fine-tuned and communication launched, TronWallet became SR in early November, and ever since we have not missed a block or a daily payment, climbing to the top 5 SR and our program recognized as one of the best by the Tron community.
TronWallet SRkin in the Game
We vote a part of our TRX raised during our ICO because we believe wholeheartedly in building a better TRON ecosystem and from our side, a great TronWallet and community of users. The TRX generated by our votes to produce 10,000 TWX per day, 70,000 TWX.
Rewarding our voter’s Skin in the Game
With this 70,000 TWX budget, today we announce a new initiative to reward the Loyalty of our voters who continually vote for TronWallet SR. To qualify and participate, you must:
This is our way to appreciate the feedback we have received and also to reward our community who have asked for TWX rewards, as always, trying new ideas and work in progress to better serve our community. In TRON we trust.
Please support TronWallet SRkin in the Game!