The leading blockchain platform, B2BinPay, has been significantly upgraded. The newest version now includes TRX staking and supports a wider range of blockchains, providing clients with increased flexibility and efficiency. The following sections explore how these enhancements improve the user experience with B2BinPay.
A notable highlight of B2BinPay version 20 is the implementation of TRX Staking, founded on the advanced Stake 2.0 mechanism within the TRON community. This updated approach surpasses the previous Stake 1.0 version by providing increased flexibility, streamlined user interactions, and improved efficiency in resource delegation and utilisation.
TRX staking empowers B2BinPay clients to stake any quantity of TRX and earn a passive annual yield ranging from 3% to 5% (depending on network conditions). However, the benefits extend beyond mere yield generation. Through staking TRX, users can notably reduce transaction fees within the TRON network. This is achieved by converting staked TRX into Bandwidth and Energy, two fundamental resources.
Bandwidth enhances transaction processing capacity, whereas Energy fuels smart contract operations. By staking TRX and obtaining access to these resources, businesses and individuals can optimise their transaction efficiency and diminish operational expenses, thereby gaining a significant competitive edge within the digital asset sphere.
Initiating TRX staking on B2BinPay is a simple process:
- Start by converting your TRX into either Bandwidth or Energy, depending on the specific processing requirements of your selected asset type.
- Allocate your votes, which are converted from Bandwidth or Energy to SR.
Upgraded blockchain support with Optimism, Arbitrum, and Base
Building upon the earlier integration of Polygon and Avalanche, B2BinPay v20 broadens its support for blockchains. The update includes Optimism, Arbitrum, and Base, all of which provide native support for stablecoins.
