STEEMIT CRYPTO ACADEMY SEASON5 -TRON ECOSYSTEM- Homework Post for Task1 by @tayyab100

What are the different dApps in the Tron Ecosystem are you familiar with? What are the uses of DeFi applications like JustLend, and sun.io? How can you optimise mining rewards by staking TRX and other TRC20 tokens in sun.io? Examples?

The history of TRON was started in 2017, When Justin Sun founded it. It was spread to all over the world in 2018 and the most important and key idea for the formation of this blockchain was of decentralized the web. Actually, this was the start of this blockchain. So that, people may be aware of the actions of other people with the help of decentralization. TRON is linked to almost three categories listed below:

• Decentralized applications
• Wallet clients
• Public chains

Justin Sun is the founder and CEO of this blockchain including TRON and BitTorrent. Their offices are situated in Singapore and San Francisco. One of the most important feature is that, TRX transaction is free of cost. Content creators used TRX to enter and to explore their applications.^source

Blockchains are the growing lists of records that are linked together using cryptography and each block cryptographic hash of the previous block. They are managed by P2P called peer-to-peer network for public use and TRON is one of them. They were popular by a person named as Satoshi Nakamoto.

A decentralized application is an application comprising smart contracts that runs on decentralized computing, blockchain. Some of them give the highest interest but are very risky. One of the most important features is that we can access any action of other users with the help of decentralization. To reduce the risk of theft, we use decentralized exchanges.

The Tron Ecosystem is a very efficient way to accommodate thousands of decentralized apps in Tron base applications. It gives a medium in which applications can be grouped to an exchange, games ,and many more. It also gives an open platform for developers to program functional authentic applications. Let us share some of them.

JUSTLEND

This is JUSTLEND i-e, a decentralized lending platform that is designed to financially stabilize tokens for users. They lend tokens to users who need them with little interest. We can make it more clear by saying a loan. It can be accessed by any user around with a quick and fast processing applications. It has smart contracts which includes NFT, JST, WIN, USDJ, TRX and BTC etc. Official site^source

It is Tron based on decentralized medium of trading policy or procedure that goes with an exchange between TRC20 tokens which enhances fast conversation according to the price of the system. It is an open financial market available to all.

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Blockchain Cities

It is a new collectible crypto game with adventures where you get to play with puppies, lizards, bears, and cats , etc. It contains multifaceted crypto games of bold understandings in which the gamers play with animated animals or images with misapprehensive facts and realities. It is the gamester's responsibility to skillfully input so much on cities in feeding, training, etc.
^source

The other name of JUSTSWAP is currently known as SUNSWAP. It is a decentralized financial system that allows its users to borrow funds in USDT with rapid accessibility.

➡️It provides information and directed on mining to its users.
➡️ It also allows the roughly almost equal exchange of Tex TRC20 tokens with other tokens.
➡️ SUNSWAP creates an avenue for monitoring, lending and grouping of other tokens like USDT, JSR, and BIT, etc.
➡️ Users can immediately borrow funds in USDT.

🟠JUSTLEND allows its users to borrow or lend tokens as a decentralized financial web. 🟠It is used for the stabilization of tokens. 🟠It has quick response and processing measures that can be operated by any user all over the world. 🟠It deals with the smart contracts such as JST, WIN, SUN, BTC, etc. 🟠It serves as a token backup for the user's token.

👉🏻SUN. IO is fundamentally used for stable coin swapping operation in TRON Ecosystem. 👉🏻It is also decentralized as in Tron Ecosystem, it allows roughly equal exchange between tokens in the system. Justin Sun founded SUN. IO in 2018 was the first DeFi ever initiated for an equal exchange of stable coins.

Tron Link is a dynamic official blockchain wallet in TRON Ecosystem. Tron link is access to blockchain which makes more simple to relate with other DApps. It brings interaction with seemingly impossible games, applications, and sites. It is a ticket into the world of decentralized application. Tronlink pro can be downloaded from google play store easily. The following steps can be used to optimize miming rewards by striking TRX and other TRC20 tokens on SUN. IO.

Step 1:

Go to the browser or Google play store to download Tronlink pro. Tronlink pro can be downloaded from thd steemit wallet.

Step 2:

From steemit keys, copy Tron link. It can also be copied from the tronlink pro wallet interface.

I have learned a lot of lessons from the first lecture provided by professor @sapwood and during the content writing, I have increased my knowledge about TRON Ecosystem. I sincerely appreciate the work of my beloved professor and say special thanks for arranging such an amazing lecture for us.