TRON is a blockchain platform that was launched as the basis for a decentralized entertainment economy. This platform greatly facilitates the development of decentralized digital content applications, thus increasing the market for decentralized applications for digital content.
A few years ago, TRON CEO Justin Sun discussed the Tron network’s 2.5 million active users. Such data indicates the successful implementation of the network and its acceptance by users. The development of the Tron ecosystem is a natural consequence of introducing three important aspects – speed, low trading fees, and good scalability. Thanks to this, the official Tron lending platform is successful.
In the cryptocurrency market, you can find such popular ecosystems as Avalanche, Polkadot, Harmony, and others. However, below, we will look at the most successful solutions for decentralized applications built based on the Tron ecosystem.
#1 PandoraDEX
PandoraDEX is one of the first DEXs to introduce an inclusive rewards scheme for all users and also introduced a gaming system for decentralized finance.
The developers relied on AMM, NFT, and gamification elements to create a disruptive decentralized environment. PandoraDEX has been able to change how people interact with DeFi on a financial and emotional level.
Through gamification, Pandora provides a complete and engaging decentralized finance experience for all users. This allows early-stage crypto investors to discover promising and attractive crypto projects in emerging blockchain-based companies.
PandoraDEX makes trading Tron tokens, TRX tokens, and your other favorite tokens much easier. In addition, the interface displays statistics on key trading pairs and immediately turns on unlimited trading.
#2 BitKeep Swap
BitKeep Swap allows its users to swap over 220,000 tokens without paying gas fees in native tokens. Monthly turnover – more than 1 billion dollars.
BitKeep Global Inc. was founded in 2018 in Singapore. Currently, there are about 6 million users of the decentralized application worldwide, covering almost 168 countries in North America, Europe, and Asia.
- The DeFi-based digital wallet detects and filters high-quality projects for you to enjoy the benefits of DeFi seamlessly.
- The NFT Market is searchable across all platforms to help optimize your NFT investment journey. In addition, it allows you to make purchases using any of the tokens.
- Finally, the BitKeep DApp Store can provide a simple and secure connection between the user, the blockchain, and the decentralized application.
#3 JustLend
JustLend is the first official TRON platform where users can borrow, lend, and deposit TRON assets and earn interest on it. With the help of special algorithms based on TRON assets’ supply and demand, interest rates for fund pools are determined. As the main roles of the protocol, there is a depositor and a borrower, each of which can directly interact with this protocol to earn or pay a fluctuating interest rate.
JustLend accepts TRX, BTC, ETH, SUN, USDT, USDJ, WIN, JST, and WBTT as collateral for a loan. In addition, using smart contracts, the platform allows the distribution of asset-pegged tokens to user accounts at an exchange rate. Here are some more of the features available on JustLend:
- Automatic order matching. You can automatically match supply and loan needs to get a good return on your investment.
- Fast service. JustLend leverages the strengths of the TRON network to enable fast and cost-effective transactions.
- Good returns. Supply and withdrawal are available at any time.
#4 Transit Swap
Transit Swap integrates the most popular public network DEXs, combining their advantages to provide depth for your transactions and return more targeted tokens. Now you don’t have to worry about which DEX to trade and which one has more depth. With Transit Swap, everything is taken care of for you in advance, so this is your best trading option.
The new method used on the Transit Swap platform allows you to try out decentralized exchanges, improved liquidity, and higher returns. In addition, the platform matches transactions using various strategies, offering the best transaction prices after comparing other prices. Another feature is multiple cross-chaining, which allows you to move your assets between chains by linking multiple routes between them at once. Thus, with Transit Swap, users can make their transactions safer and easier.
#5 SunSwap
SunSwap is one of the more popular Tron-based platforms. This is an exchange protocol for the exchange of TRC20 tokens. Conversion on the platform can happen very quickly between any two TRC20 tokens, depending on the price.
Instead of funding the protocol, all trading fees will be paid directly to the protocol’s liquidity providers. The total blocked value is more than 840 million US dollars.
This largest DEX on the Tron network combines the benefits of JustSwap and Sun.io, which at one time offered Tron-based token switching, liquidity mining, stablecoin exchange and staking, and platform management. This was a breakthrough in the field of decentralized finance.
SunSwap is constantly working to improve the services it provides to add value and improve the overall user experience.
#6 APENFT
APENFT is one of the leading platforms that positions itself as an NFT marketplace based on the Tron blockchain. Its main mission is to provide a world-class work of art in the form of non-fungible tokens on the blockchain.
APENET, based on the underlying technology of the Tron and Ethereum blockchains, is backed by the Bittorrent File System (BTFS), the world’s largest distributed storage system. Since there are no transaction fees when minted on APENFT, creators have the opportunity to receive the full value of the proceeds from their work after deducting gas fees.
The platform is a critical part of the Tron ecosystem and has been integrated into the Poloniex exchange, which is one of the first and oldest exchanges on Tron. This solution allows users to freely buy and sell NFTs on Tron without leaving the app.
#7 Win NFT Horse
Win NFT Horse is powered by Tron, Ethereum, and Binance Chain and is a horse racing game. It was developed in collaboration with WinkLink and APENFT.
The game has eight different levels and four game modes – challenge, match, duel, and arena, and includes rich competitive gameplay with high-quality graphics. Players can access daily quests, match horses of different levels to create unlimited combinations, and use their strategy to play against other players. As a reward, the player is given their own game token – WIN, which can be staked to receive additional rewards.
In addition to buying horses to race and win TRX, players can breed horses using the NFT of two horses while burning TRX and the game’s own token. The higher the pedigree of your stallions, the higher the pedigree of the resulting cubs, which directly affects their value in the in-game market, where they can be exchanged for TRX.
FAQ
TRON is a decentralized blockchain platform for supporting smart contracts. This platform allows developers to release their decentralized applications.
The TRON ecosystem allows everyone to participate and benefit. Every user will dedicate their energies to building the TRON ecosystem and will benefit from helping build TRON, whether they are users, developers, or witnesses to the TRON network.
TRON uses a three-layer architecture: storage layer, core layer, and application layer.