The post Justin Sun: Tron to Adjust Fees to Stay Competitive appeared first on Coinpedia Fintech News
Justin Sun announced that the Tron community will adjust network fees as the TRX price and transaction costs increase. To keep Tron competitive and user-friendly, the community plans to reduce transaction fees by lowering energy prices, increasing energy limits, or promoting energy staking. This move aims to balance rising costs while maintaining smooth transactions for users. It shows Tron’s commitment to adapting in a growing crypto market and supporting its community’s needs.



Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more