Figure registered by TRON blockchain network yesterday, April 19, shows that the adoption boost may be underway for the decentralization-focused blockchain.
According to a report issued by an avid TRON community member and the cofounder of TronWalletMe, Misha Lederman, TRON recorded a tremendous figure yesterday in terms of account created on the network.
Lederman revealed that yesterday, TRON blockchain had its highest daily increased in terms of new account created on the network. He noted that a total of 65,226 new TRX accounts were created on the faithful day, recording the highest daily increased in the life span of the blockchain.
“65,226 new $TRX accounts (+1,2% daily increase in relation to all 5.3M #TRX accounts). It’s also 61% higher than the previous daily record of 40,386 from Feb 28, 2019”, Lederman confirmed.
Lederman also captioned a graph to show the trend of account created on the network. Per information on the graph, the number of daily accounts created on the network has since been on the rise for some time.
The graph also illustrated that TRON recorded its lowest number of daily accounts created, 47, on July 7, few days after the mainnet launch of the TRON blockchain.
The #Tron blockchain recorded its highest daily increase of new accounts yesterday, April 19:
— Misha Lederman (@mishalederman) April 20, 2020
The news however introduced slight euphoria into the TRON community, as many eye it as a substantial development especially amid COVID-19 pandemic time.
Bidao Joins TRON Ecosystem
As related by CEO Justin Sun on TRON and BitTorrent, on April 19, the Bidao Chain DeFi ecosystem has joined the TRON ecosystem via a partnership deal.
Sun made the declaration yesterday, revealing that TRX token is now available on the chain DeFi platform, and would also be introduced as collateral asset in the future.
🔥 Now #TRX is available on @Bidaochain’s DeFi ecosystem that is secured by the trustless @Chainlink price oracle. Bidao is joining the #TRON ecosystem so $TRX can be used as a collateral asset in the future.https://t.co/qPMlEkEPgO pic.twitter.com/ZJbNpqPWqF
— Justin Sun (@justinsuntron) April 19, 2020
Bidao also confirmed the partnership in a release on its website. DeFi platform said:
“Using TRX as collateral is very easy. At first, the TRX is locked up in the CDP. In return, the appropriate amount of BAI is generated and can be used freely by the CDP creator. To regain access to the locked TRX, the BAI has to be repaid to the system. This is simply done by a simple function call and sending back the BAI to the CDP. After that, the TRX are unlocked and can be transferred freely again by the CDP creator.”
More like TRON, Bidao has the vision of decentralizing the finance industry. The platform promotes decentralized finance using two cryptos – ID, and stablecoin BAI.