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Klever announces changes to Tron SR rewards

Klever announces changes to Tron SR rewards

by Klever
July 26, 2022
in Announcements, Global
Reading Time: 1 min read
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Our autonomous system which uses Klever Swap to convert 100% of the TRX rewards received into KLV, and then pay Klever Super Representative (SR) voters in KLV is changing following the launch of KleverChain Mainnet.

Klever Team’s validator nodes have been running on Tron and other blockchain networks for years. Klever maintains hundreds of nodes across dozens of different top blockchains including Bitcoin, Ethereum, Tron, Litecoin, and others.

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Tron SR rewards changes

  • As of now, all SR rewards contracts will be distributed in TRX to voters, rather than KLV.
  • Rewards are paid in TRX at 100% for the first 30 days
  • Following the first 30 days, the TRX rewards are then paid at 90% and will continue in that manner thereafter.

Due to a previous blockchain sync disruption, the payout of SR rewards was delayed, but it has now been rectified and payments are being made. 

Tags: Tron SR
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