- P2P.org becomes the latest Super Representative (SR) on the TRON network.
- This makes the staking provider a node validator on the network.
- It enables P2P.org to bring institutional staking services to the market.
Leading validation and staking provider P2P.org has officially been selected as a TRON Super Representative (SR) Validator. The move follows the recent SR election period that saw the staking provider become one of the top 27 candidates. This expands P2P.org’s validation services to over 40 supported networks, including Ethereum and Avalanche.
More importantly, by becoming a staking provider and node validator on TRON, P2P.org establishes a new pathway for institutional TRX staking on the network.
Alex Esin, CEO at P2P.org believes becoming a Super Representative on the TRON network is a significant addition to its portfolio, boosting its presence in the blockchain ecosystem and validator services.
“This expansion strengthens our position across more than 40 networks and creates valuable new opportunities for our institutional partners to optimize their TRX holdings with industry-leading staking solutions,” Alex Esin added.
TRON’s Super Representatives are the block producers on the blockchain. The SRs are elected through voting, with any account being eligible to enter the voting period. The candidates can apply to become an SR by paying 9,999 TRX (~$2455) and then participating in the election. Any account can vote for SR candidates, and the top 27 candidates with the most votes become SRs, who need to run a TRON node to participate in block production.
Once voted in, the Super Representatives will receive block production rewards and voting rewards. The participants who take part in the election are also eligible to receive voting rewards.
The elected validators form the backbone of the network’s DPoS consensus by producing blocks every three seconds, validating transactions, voting on governance decisions, and sharing block rewards with their voters.
“With its scalability and minimal transaction costs, TRON has become the blockchain of choice for an increasing number of DeFi platforms focused on institutional adoption,” said Sam Elfarra, Community Spokesperson for the TRON DAO. “As the builders of a thriving ecosystem with hundreds of institutional clients, we are thrilled to welcome P2P.org as a Super Representative.”
The election and rewards mechanisms are decided by TRON DAO, a decentralized community in the blockchain ecosystem, dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
As a newly elected Super Representative, P2P.org will both strengthen TRON’s infrastructure and create pathways for institutions to access staking rewards on the network.
