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Home Altcoins

Justin Sun: TRON, Poloniex Working on 3 New Revolutionary Projects

Justin Sun's Poloniex Launches BVOL and IBVOL

by Khalid Lawal
April 24, 2020
in Altcoins, Finance, General News
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Justin Sun Proclaims Tron (TRX) As The Best Digital Currency For Bakkt
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The founder of TRON and CEO of BitTorrent, Justin Sun, has just aired that TRON’s team has been working closely with Poloniex to bring up three new projects.

Justin Sun made the announcement via his Twitter handle, revealing that the projects are underway and would soon be made available to the community.

The three projects, as listed by the CEO, will bring new openings and opportunities for users. The crypto-based projects would introduce new approaches that give users new experiences.

As listed by Justin Sun, the projects include:

1. $TRX as a discount token for trading fees

2. $TRX staking receives rewards from trading competition/activities

3. $TRX as a bonus on the referral incentive program

Been working w/ @Poloniex team on 3 projects: 1) $TRX as a discount token for trading fees, 2) $TRX staking receives rewards from trading competition/activities & 3) $TRX as a bonus on the referral incentive program. We're very excited to present these to our community soon!

— Justin Sun (@justinsuntron) April 24, 2020

Based on the opportunity the projects would be offering when introduced, they would likely initiate fundamental changes within the TRON ecosystem.

Justin Sun’s Poloniex Launches BVOL and IBVOL

Poloniex, a cryptocurrency exchange that Justin Sun has a significant investment in, has also declared that it is happy to release two new tokens, BVOL and IBVOL, today.

The tokens, as explained in a release by the exchange, are FTX volatility tokens, and they would be made available to customers on the exchange today.

The tokens are a brand new form of ERC-20 tokens issued together with FTX. They would be offering users more exposure to Bitcoin’s volatility in the short and long term. However, it is not advisable to hold the assets for long-term.

Tags: Justin SunPoloniexTRONTron News
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NewsLogical Inc. is a U.S.-centric firm established in 2019 with the aim of providing resourceful and up-to-date cryptocurrency and blockchain information.

Email: info@newslogical.com

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Contents on NewsLogical.com are only for informational purposes and should not be construed as financial or investment advice.

Trading cryptocurrency is considered a high-risk activity that requires technical knowhow because digital currencies are generally volatile.

Contact financial experts for guidance before making any cryptocurrency investment decision.

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