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How To Vote For SR on Tron & Earn Rewards

05 February 2021 | 0 comments | Posted by Che Kohler in Money Talks

Freeze tron and vote to earn rewards

The explosion of blockchain technology has unlocked a range of income opportunities, from microtasks, freelancing for crypto to DE-FI and more. One of the more popular methods of earning through cryptocurrency is the method known as staking. There are several staking coins available today, such as TRON and each chain has its method of distribution method through staking.

If you already have a TRON-link wallet and would like to start staking to earn rewards, then this tutorial should be able to assist you.

Note: You will need to TRON wallet that speaks directly to the blockchain, one where you control the private keys, so exchange and custodial wallets will not work for you.

Once you've installed your TRON-link wallet and sent some TRON to it, you can then being staking it directly on-chain by following these steps.

  1. Open up TRON-link
  2. Select the menu

Open TRON Link Wallet

Opening up a TRON Link Wallet

Freezing your funds

  1. Select the FREEZE/UNFREEZE option first
  2. Your browser should redirect you to the TRON Scan website under the resources section.

Freezing TRON

Freezing TRON with TRON Link

  1. If your browser does not, you can find the direct link here
  2. Click "obtain" in the top left-hand corner

Freeze TRON with TRON Scan

Freezing TRON on TRON Scan

  1. A lightbox should appear
  2. Make sure it's set to "TRON Power and Bandwidth."
  3. Select how much TRON you would like to freeze.
  4. Add your wallet address if it's not already prepopulated
  5. Confirm the amount
  6. Select freeze

Voting on TRON

Now that you've secured Bandwidth by locking up your TRON, not energy, you can now start to vote for Super Reprenseitives (SR's). When you allocate your staked vote to these SR's, they will reward you with a portion of TRON from their mining rewards.

  1. To vote for a Super Reprenseitive, head back to your TRON-Link wallet and open the menu.
  2. This time select vote

Voting on TRON LINK

How to vote with a TRON Link wallet

  1. Your browser should redirect you to the TRON Scan website under the resources section.
  2. If your browser does not, you can find the direct link here
  3. Select "Voting" in the top right corner
  4. Depending on how much TRON you've frozen, you can then allocate it to 1 or several Super Reprenseitives, add the amount you want to stake with each rep.
  5. Click Voting, and you're done.

Voting on TRON SRs

Voting for TRON Super Reps

TRON voting

Voting requires freezing TRX. For every 1 TRX frozen, you can get one voting power (TRON Power). After voting for the Super Representative, the voter will receive a part of the Super Representative's reward as a voting reward. The reward changes according to the voter's sharing rate, the number of votes, and the number of output blocks.

  1. The reward will change with total votes of TRON, total votes for the SR, your votes for the SR, SR type and voter's sharing rate set by the SR.
  2. When you unfreeze TRX, the voting rights obtained through the freeze will disappear, and previous votes will be invalidated.
  3. When cancelling voting, due to TRON network restrictions, the total number of votes needs to be at least 1. If you want to cancel all, you can unfreeze all frozen TRX.
  4. Due to block failure and other reasons, the actual reward may differ from the calculation result.

Calculation formula of reward

  • Vote for SRs (Top 27) : Daily reward = (((your votes for the SR) * 4,608,000 / total votes of TRON) * voter's sharing rate) + ((460,800 / 27) * voter's sharing rate) * (your votes for the SR) / (total votes for the SR) TRX
  • Vote for SR Partners: Daily reward = (((your votes for the SR) * 4,608,000 / total votes of TRON) * voter's sharing rate) TRX

What is A TRON Super Representative?

On the TRON network, any account can become a Super Representative candidate and have the opportunity to become a Super Representative. Each account can vote for the Super Representative candidate. The 27 Super Representative candidates with the highest number of votes are the Super Representatives and have the right to secure blocks on the TRON blockchain.

Earn the chain

Have you been using staking chains? How has it helped your crypto experience? Let us know in the comments section down below.

Contact us

If you would like to know more about digital assets or would like to market your digital asset company or how to set it up for your business, then don’t be shy. We’re happy to assist. Simply contact us

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If you require a more detailed guide on how to create your profile or your listing, then we highly recommend you check out the following articles. 

Recommended reading

If you enjoyed this post and have a little extra time to dive deeper down the rabbit hole, why not check out the following posts on cryptocurrency and blockchain.

Disclaimer: This article should not be taken as and is not intended to provide any investment advice and is for educational purposes only. As of the time posting, the writers may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency, as all investments contain risk.

Tags: Tron, Blockchain

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