Yield. xyz, a leading DeFi infrastructure firm, has announced that TRX, the main utility token of the TRON network, can now be staked directly using Ledger Live. This integration allows millions of Ledger users to easily access TRON’s governance staking rewards while maintaining high security standards. Current TRX holders can now stake their tokens onchain through Yield. xyz, which has simplified the staking process within the trusted Ledger Live environment.
The partnership enhances access to TRON’s Delegated Proof of Stake (DPoS) system by making validator elections, reward cycles, and cooldown periods easier to understand and manage. In TRON’s DPoS system, voting power is delegated to Super Representatives (SRs), who produce blocks, validate transactions, and maintain network security. This decentralized group includes notable institutions like Google Cloud, Binance and Kraken, showcasing growing confidence in the TRON’s capabilities.
With this integration, the users can stake TRX directly from their Ledger devices while Yield. xyz handles the complex operations. Users benefit from a dual reward system, which includes both block production and voting rewards. Block rewards go to the SR responsible for block production, while vote rewards are allocated based on the SRs and their partners. Staking TRX also grants access to TRON’s Bandwidth and Energy, which are essential for transaction processing and executing smart contracts. Yield. xyz’s API enables users to effectively gather these resources while providing a seamless experience.
The collaboration also ensures capital protection with audited infrastructure and optimized validator strategies. After choosing a validator through Ledger Live, users can enjoy automated reward compounding and simple unstaking processes, managed by Yield. xyz to enhance the user experience. Unstaking requires a 14-day cooldown before TRX returns to liquid form. TRX staking via Ledger Live illustrates the potential for a streamlined experience to promote mainstream adoption within one of the most active and scalable blockchain ecosystems. Users can stake directly from their hardware wallets, with Yield. xyz managing the entire process.
Yield. xyz is focused on simplifying yield aggregation and staking in the DeFi landscape and has revealed plans to enhance integration for wallets and crypto apps. Funded by a $5 million investment from Multicoin Capital, the firm aims to redefine user and business interactions with DeFi yields. The TRON DAO, founded by H. E. Justin Sun in 2017, is dedicated to decentralizing the internet using blockchain technology and has seen substantial growth since the launch of its MainNet. Looking forward, TRON has processed over 338 million user accounts and conducted over 11 billion transactions, with substantial total value locked. Celebrating its upcoming 10-year anniversary, Ledger is recognized as a leader in digital asset security, selling over 6 million devices globally and securing a significant portion of the world’s crypto assets.