Steemit Crypto Academy Contest / S8W3 - Steem and TRX Integration .

in hive-108451 •  2 years ago 

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Hello, my good friend, you are welcome to @jasminemary post. How are you and your family doing today. In today post I have shared with you all about Steem and Tron integration. Below are all what I have said concerning the integration of Steem and Tron.


What do you know about Steem and TRX Integration? What are its purposes?

What I understand about Steem and TRX integration is simply a collaboration between Steemit platform and Tron foundation that aim to promote the growths of the both platform at the same time. The integration of Steem and TRX took placed in 2020 after the purchased of Steemit by the founder of Tron foundation Justin Sun who came out with the ideas to bring more Investors to steemit platform and as well promote the uses of Tron token.

The purpose of the integration is to attract Investors to steemit and Tron foundation. Also, the integration was to allow Steemians like me and you to earn additional Rewards and make Steemit a better and safe platform. The integration help to create more awareness about Tron token, which makes Tron to rise above it previous price before the integration took placed.


What is the ratio of TRX tokens on our payouts? Also, give the history of this ratio (how it changed time by time).

At first in 2020 when the Steem and TRX integration was announced, the rewards' ratio of TRX on our post payouts was in the ratio of 1 TRX : 1 SP. As of then before it was change we do earn TRX based on the numbers of Steem Power we earn. Like for example, if we are claiming 10 Steem Power, the ratio of TRX tokens will be 10 TRX. So for every 10 SP on our payouts, we earn 10 TRX tokens.

The ratio of 1 TRX tokens is to 1 SP (1TRX:1SP), was changed last year October 2022 to the ratio of 1 SP to 0.5 TRX. The announcement of the new changed was make known by the Steemit Inc and posted on Steemitblog which is the blog for getting updates on Steemit Platform.

According, to the announcement, from 15 October 2022 the distribution of TRX tokens will be distributed in direct proportion yo the amount of Steem power that we are going to earn at the ratio of 1 SP : 0.5 TRX.


What are the ways to claim and withdraw the TRX rewards from Steemit Wallet?

In other, to claim and withdraw the TRX rewards from Steemit wallet is just for we to Login to our wallet and click on Redeem Rewards as shown from the screenshot below.

As for withdrawing of TRX rewards from Steemit wallet, all you have to log in to your Steemit wallet and follow the steps below.

Step1: Once you have Login to your Steemit wallet, locate TRX and click on it as shown from the screenshot below.

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Step2: On the drop-down, click on Transfer, as shown from the screenshot below.

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Step3: Click on Switch to Tron Account and input the TRX receiver address, amount (30 TRX) and then click on Next.

IMG_20230318_110311.jpg

Step4: enter your Tron private active key and approved the transaction.

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Give a complete guideline on the best way to link an external wallet with the Steemit Wallat to claim TRX tokens.

To me, the best way to link an external wallet with the Steemit wallet to claim TRX tokens is to either link our external with the Steemit wallet to claim TRX tokens is very simple. In order to do your linking, follow the steps below.

  • Login to your Steemit wallet and move down to the Tron and click on Link to An Existing Tron Account shown from the screenshot below.

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  • Click on Confirm.

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  • Now at this point, Enter the Tron account address you wish to link and click on Confirm.

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  • Authorize the transaction by entering your private active key.

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Hi dear,

I am glad to see and read your participation. You clearly describe the steps of redeeming your steemit rewards and then transferring to Binance or any other cryptocurrency application, through steemit wallet. Anyone can easily understand these steps especially new comers.

You have also share the steps how we can withdraw Trx from steemit wallet. And connect our existing Tron account to steemit wallet. That's a good thing because I have seen some users even I also did, at start I don't know how to withdraw Trx and clicking on creating new account I almost lost 2 to 3 hundred Trx. But after some time I learned about it. I hope users will get guidance through your post.

You have shared your views and ideas about the Steem and Tron Blockchain Integration. You have also discussed the purposes and benefits of this Integration. You have explained the ratio of TRX rewards that we get on our payouts. You have given the history and also said that Currently, its 0.5:1 with TRX:SP. But you didn't share the ratio of TRX on setting 100% power up post payout. You also didn't explain the last question.

You tried your best to share a good participation. Best of luck for the contest results. Please visit my participation and share your views.

Thank you so much for your compliment.

Thank you, friend!
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@jasminemary greetings
Dear Friend as you told us about the integration of trx and steem for better grow. I may clear about few questions but still as in review i couldn't find the answer why you find it more effective and how much i neec to power up for more rewards and more financial help.
Anyway, you explain good how we can connect the trx with tronlink this information definitely will be helpful for newcomers and they no need to take assistance of anyone for tranfer and linking of trx to other sources.

Wish you success for contest.

Thank you for reading my post.

hello dear,

You have written very beautifully But you shared a lot
You shared how to withdraw tron Also you said what happened after steem and tron ​​merger sp quantity tron ​​was given And many more But you give up a lot more to compete It would be good if you could post these omissions. Good luck to you.
best retards @shohel44

Thank you for reading my post.

Greetings dear friend, its nice to see your participation in this contest. You have written well on the TRX and steem integration. You have also given a practical guide to transfer your TRX from the steemit wallet to an external wallet. You went further to explain how you can link your steemit TRX Wallet to an external wallet like the TronLink. I wish you the best in this contest my friend.

Thank you sir, for reading my post.

Hello @jasminemary,

The purpose of the integration is to attract Investors to steemit and Tron foundation. Also, the integration was to allow Steemians like me and you to earn additional Rewards and make Steemit a better and safe platform.

I agree with you that a primary purpose of this merger is to bring investors into the Steem and Tron Blockchains. It is also it aims to give additional rewards in the form of TRX to Steemians.

You also mentioned how we can claim TRX, but in the next questions you leave out the answers. You didn't explain how we can connect Steemit wallet to external wallet like Tronlink pro, Trust wallet etc. Also, you didn't explain the problems with TRX rewards and the benefits of this integration.

Overall, this time your post is average quality, I suggest you do more research and read the question thoroughly before posting.

Regards,
@malikusman1

Thank you so much sir, for reading my post.

Hey friends

Please try to hide your keys because if t gets to the hand of bad hackers, you could loose your total asset in your wallet. You could copy and save in a hard copy far from another hands

You have been doing good on steemit and I admire it. I promise you if you work harder you would be better, your post despite the low grading is cool, so don't let the grade discourage you.

Thanks for educating us, please comment on my post, https://steemit.com/hive-108451/@starrchris/steemit-crypto-academy-contest-s8w3-steem-and-trx-integration

Thank you for reading my post.