Zethyr, a TRON decentralized exchange that distributed 100% to the community, has just hinted the proposed launch of the first DeFi on the TRON network.
Going by the info shared, this first DeFi will go live on the TRON network on the 24th of December, 2019, and promises to be backed by BitTorrent (BTT) and Wink (WIN).
Zethyr Lending gives room to dapp token holders to borrow TRX just by collateralising their tokens. For every dapp token on Zethyr, theirs is a corresponding daily interest and liquidation ratio. Token borrowers are to deposit their tokens as collateral before they can borrow.
FIRST #DEFI on #TRON on 24 Dec 19.#BTT and #WIN supported.
Watch the tutorial at https://t.co/V6dP8g5rH7@justinsuntron @Tronfoundation @BitTorrent @WINkorg pic.twitter.com/fIEtjfmOPr— Zethyr Exchange (@ZethyrExchange) December 18, 2019
Team Just to Launch New Game on Tron Network
Team Just, the developer behind the creation of Fom3D, is also counting down to the launch of a new game on the Tron network, intending to redistribute all TRX tokens in existence.
The new development come in less than 5 days time. The profile of Team Just on Twitter revealed that it is creating the world’s first self-decentralizing of mind and Artificial Intelligence (AI)
Tron CEO, Justin Sun, also confirmed the development via its Twitter handle. In the tweet, he confirmed the date and the gravity of the upcoming game to the world and Tron ecosystem. He added that the underway game has the ability to bring reality and the science of friction together.
.@TeamJustDev creators of Fomo3D, are launching new game on #TRON on Dec 22! Breaking the barrier between reality and science fiction. Also, Precursor Artificial Intelligence.
Check out: https://t.co/NgYZd7QsJB
Community: https://t.co/AX5IoAn2Ph— Justin Sun (@justinsuntron) December 17, 2019
Transactions on Tron Network Exceeds 820 Million
According to the TRON weekly report, the total number of transactions made on the Tron network has substantiated to 820 million as soon as the blockchain network experienced another 6.4 million transactions over the interval of 7 days.
As the update stated, on-chain data on the Tron blockchain increased to surpass 15.28 million. Also, 911 nodes were achieved across the network.
In addition, the number of new addresses created in the past week was 37,672, which aided the total number of accounts on the Tron network to reach 4,282,479.
Justin Sun Promises Support for Ethereum Developers
The CEO and founder of BitTorrent has assuredly stated that he will aid the Ethereum developers in order to save Ethereum Foundation from sinking due to financial instability.
Nina Breznik hinted the crypto community about the ranging crisis in the Ethereum Foundation. He said the foundation will be relieving some developers from their official duties.
This made Nina solicit support of the crypto populace, which made Tron’s founder and SEO Justin Sun volunteer in helping the foundation rise again.
