Tron (TRX) -rahakkeen tokenomiikka

TRON (TRX) is the native token of the TRON blockchain, an EVM-compatible Layer-1 platform utilizing a Delegated Proof-of-Stake (DPoS) consensus mechanism. The token economics of TRX are designed to facilitate network resource acquisition, governance participation, and maintain a deflationary supply model.

Issuance and Supply Mechanism

TRON's issuance mechanism is characterized by a shift from an inflationary model to a deflationary model driven by transaction fees and token burning.

• Minting Mechanism: New TRX tokens are minted when a Super Representative (SR) produces a block on the TRON network. Currently, the protocol generates a block reward of 16 TRX and a voting reward of 160 TRX for each new block. These rewards are dynamic parameters that can be modified through on-chain governance proposals.
• Deflationary Transition: On April 6, 2021, TRON DAO announced that TRX had transitioned to a deflationary token. This is achieved through the burning of TRX used to pay for network resources.
• Token Burning: TRX is burned when users pay for network resources like "bandwidth" or "energy" if they do not have sufficient free resources. A manual burn of 1.00 billion TRX (1.00% of the initial total token supply) was executed upon the launch of TRON’s mainnet on June 25, 2018.
• Supply Trend: Network activity has resulted in a net burn of tokens. For instance, between April 2024 and June 2025, the network achieved a net burn of 197.2 million TRX, contributing to a steady decline in the circulating supply over that period.

Allocation Mechanism

The initial allocation of TRX tokens occurred during the project's early stages, including private and public sales, and allocations to the foundation and initial supporters.

Note: The percentages listed for the Tron Foundation and Peiwo Huanle Co. are based on claims in the original Whitepaper (V1) regarding the initial total token supply on Ethereum.

Usage and Incentive Mechanism

TRX serves as the core utility token for the TRON network, driving both transaction execution and decentralized governance.

Primary Utility (Usage)

1. Resource Acquisition: TRX is used to acquire network resources:
   • Bandwidth: Measures the size of a transaction in bytes. Users can burn TRX to pay for bandwidth when their free daily allocation is insufficient.
   • Energy: Measures the computation required by the TRON Virtual Machine (TVM) for smart contract operations. Energy can only be obtained by staking TRX.
2. Medium of Exchange: TRX is used to settle account creation fees and is the natural medium currency for all TRC-based tokens (TRC-10, TRC-20, TRC-721). It is widely used for payments, purchases, and voting within and outside the TRON ecosystem.
3. Collateral and DeFi: TRX is used as a primary form of collateral in the DeFi lending market (e.g., JustLend) and as a unit of account in NFT marketplaces. It is also a key component in the mint-and-burn mechanism for the algorithmic stablecoin USDD.

Incentive Mechanism (Staking and Rewards)

TRON uses a DPoS consensus mechanism that incentivizes token holders to participate in network security and governance through staking.

1. Staking for Resources and Governance: Staking TRX grants users TRON Power (TP), where one TRX equals one TRON Power. This power is used to vote for Super Representatives (SRs) who produce blocks. Staking also provides users with additional bandwidth and energy resources, which can be delegated to other wallet addresses.
2. Block Rewards: The 27 elected Super Representatives (SRs) take turns producing blocks every three seconds. SRs earn 16 TRX for each block produced.
3. Voter Rewards: Super Representatives, Super Representative Partners, and TRX stakers who vote share voter rewards. For every block produced, 160 TRX are rewarded to SRs and SR Partners, who then distribute the remaining TRX (after deducting their commission, typically 20.00%) to their associated voters based on their voting ratio. These rewards are sourced from inflationary TRX minted each block.

Locking Mechanism and Unlocking Time

The primary locking mechanism for TRX is staking to participate in the DPoS consensus and acquire network resources.

• Staking/Locking: Users lock their TRX to gain TRON Power (voting rights) and network resources (bandwidth and energy).
• Unlocking Time: While the initial token allocations for the Foundation, investors, and initial supporters were released in a cliff unlock on September 13, 2017, the locking mechanism associated with staking for governance and resources is typically reversible, allowing users to unstake their tokens after a specific period, though the exact unstaking duration is not detailed in the provided data.
• Initial Allocation Unlocks: The initial token supply was unlocked in a single event (cliff) on September 13, 2017, for all major groups, including ICO Investors, the Tron Foundation, Private Sales, and Peiwo Huanle Co.