TRON, one of the world’s largest underlying blockchain systems. Acquired BitTorrent in 2018 and now has more than 100 million users worldwide. Cred (LBA) is the world’s leading provider of cryptocurrency community financial services. With more than $300 million in lending lines of credit.
Cred’s entry into the TRON ecosystem will allow holders of native tokens TRX to receive up to 10% annualized returns on their deposits through various wallets and dapps on the Tron chain. Cred (LBA) will also support the rapid growth of the Tron ecosystem. Which is by providing the Tron developer community with popular digital cryptocurrency-based loan products.
In addition, Cred will provide a 10% annualized benefit to users who deposit at least $25,000 in TRX equivalent through https://mycred.io/tron.
Cred’s lending is based on the borrower’s excess collateral. And it also offers wealth management benefits based on crypto-digital assets and several mainstream fiat currencies (dollars, euros, pounds, etc.). To make money on their deposits, TRX holders transferred their crypto-digital assets into their exclusive CredEarn wallet. With a fixed maturity of six months, paying quarterly interest in stable COINS and returning a portion of the principal at maturity.