Shark TRON launches in TRON’s decentralized finance ( DeFi) sector

On September 19, the new DeFi platform named Shark TRON appeared on the basis of the TRON blockchain. The goals of the platform are to create a self-governing community for TRON DeFi, unleash the DeFi potential of TRON, as well as create a number of convenient functions for operating in a decentralized TRON environment. The SHARK token is entirely driven by the smart contract and open source community.

The positive sides of the platform include the lack of pre-mining of SRX tokens, as well as a zero level of token reserve for the development team. The platform aims to create and develop favorable conditions for the development of decentralization. In the near future a number of new SHARK DICE, SHARK CASINO, SHARK EXCHANGE, SHARK BET, SHARK DEFI functions based on SHARK TRON PLATFORM will become available.

SRX tokens are mined through TRX staking. The total supply is 27,000,000 tokens. In order to manage the liquidity of the token 15 levels have been created according to which the mining difficulty will increase as each level is reached.

The withdrawal of mined SRX tokens is possible at any time. SRX exchange is available in the JustSwap exchanger. After SHARK EXCHANGE is implemented SRX tokens can be exchanged directly on the platform itself. TRX unstacking occurs instantly when the appropriate function is selected. After that the pledged TRX and the mined SRX tokens which were not withdrawn previously are transferred to the wallet.

The platform developers made a decision in favor of mining in order to stimulate the participants in the development of the platform to interact with the protocol and independently choose the degree of their participation.

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