Proposal #27: Modify the SR block reward to 16 TRX and the block staking reward for the first 127 SRs and partners to 160 TRX. — was officially approved at 14:00, Nov 5 (SGT), 2019.

TRON Foundation
Nov 5 · 1 min read

The NO. 27 Proposal of the TRON network was officially approved at 14:00, Nov 5 (SGT), 2019. The new proposal modified the SR block reward to 16 TRX and the block staking reward for the first 127 SRs and partners to 160 TRX, ten times the prior staking rewards.

The NO. 27 Proposal and the approved NO. 22 Proposal are milestones for TRON in its implementation of the new incentive mechanism. With the adoption of the NO. 27 Proposal, the new incentive mechanism will enter into force, marking a leapfrog for TRON consensus mechanism. This marks an age of Staking for everyone on the TRON network where greater user engagement in a prosperous TRON ecosystem will definitely engage more people in Staking and sharing staking rewards as never before, making the network even safer and more efficient.

The total amount of votes on the TRON network is now nearing 22 billion, and is expected to increase further after the proposal is adopted. Meanwhile, Tronscan.org, TronLink, Cobo Wallet are among the first to enable the staking rewards feature.

TRON Foundation

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