TRON DAO, a community-governed DAO, intends to accelerate the decentralization of the internet via blockchain technology and decentralized applications.
The TRON network was founded by H.E. Justin Sun in September 2017. It has kept up its excellent performance since the MainNet debut in May 2018. BitTorrent, a pioneer in decentralised Web3 services with over 100 million monthly active users, joined the ecosystem in July 2018.
In recent years, the TRON network has experienced phenomenal growth. According to TRONSCAN, as of January 2023, it has more than 133 million users on the blockchain, more than 4.5 billion transactions, and more than $9.2 billion in total value locked (TVL). Additionally, TRON, which has surpassed USDT on Ethereum since April 2021, contains the highest global circulating quantity of the USD Tether (USDT) stablecoin.
For TRON DAO, 2022 was a year of historic growth. Here are the top 22 highlights from the fastest growing public blockchain’s record year:
#22 possibly the world’s biggest DAO
On January 5, 2022, TRON announced its restructuring to become a decentralized autonomous organization (DAO). On April 11, Forbes declared that TRON DAO is probably the world’s biggest DAO, as the TRON blockchain now boasts more than 132 million user accounts.
#21 APENFT Marketplace
On April 15, the APENFT Marketplace launched on the TRON blockchain.
#20 over 130 digital asset exchanges
TRX is now supported, listed, and traded on over 130 digital asset exchanges, payment systems, and trading platforms, including Binance.US, Meson, Crypto Finance (member of Deutsche Börse Group), Fireblocks, Bitkub, Bitso, DMM Bitcoin, Kraken (TRX futures contracts), Plisio, BTCBOX, Wirex, OKCoin Japan, BitMEX, Blockchain.com, and Guardarian.
#19 the Enterprise Ethereum Alliance
TRON joined the Enterprise Ethereum Alliance to advance interoperable blockchain integration into daily business operations, focusing mainly in two working groups: Cross-Chain Interoperability and DeFi Risk Assessment, Management, and Accounting (DRAMA).
#18 expanded collaboration with Huobi
In October, the TRON founder and current ambassador H.E. Justin Sun was named to Huobi’s Global Advisory Board, and the TRON ecosystem has started more partnerships with the exchange.
#17 the Peg Stability Module
On August 3, the Peg Stability Module (PSM) was rolled out, which allows users to swap between USDD and other mainstream stablecoins like USDT and USDC at a 1:1 ratio.
#16 sponsorships
In 2022, TRON was the major sponsor of Consensus, NFT NYC, Mainnet by Messari, Converge by Circle, Binance Blockchain Week in Paris, Smartcon by Chainlink, Token2049, and more. TRON also hosted several VIP in-person afterparties – TRON Whale Night, at Bitcoin 2022, Consensus, and Mainnet.
#15 the Binance CMC Crypto Top 10 EWI
On October 17, TRX was listed on the Binance CMC Cryptocurrency Top 10 Equal-Weighted Index, which tracks the performance of the top ten digital assets on CoinMarketCap as ranked by market capitalization.
#14 feel the burn
In 2022, the total amount of TRX burned from various utilities was 11.74 billion, considerably accelerating its deflation.
#13 TRON Academy
TRON Academy officially launched November 12, when 270+ students from top-tier university blockchain clubs gathered on the Harvard University campus for the “Hacker House” event.
#12 Travala.com
On August 10, Travala.com, the world’s leading blockchain-based travel booking platform, announced its adoption of USDD and TRX as means of payment.
#11 the 2nd largest stablecoin ecosystem
TRON now has the second-largest total stablecoin circulation, next to Ethereum, with a market cap of $39.5 billion.
#10 the TRON DAO Ecosystem Fund
TRON DAO launched their Ecosystem Fund with 8 unique programs for funding, including TRON DAO Ventures, which intends to invest in promising blockchain startups.
#9 the national blockchain of Dominica
On October 7, the Commonwealth of Dominica announced TRON as its national blockchain and authorized seven TRON-based cryptocurrencies as legal tender for everyday use.
#8 the TRON DAO Reserve
On April 21, the TRON DAO Reserve was established to safeguard the overall blockchain industry and crypto market.
#7 greater influence
On August 1, Crypto Daily described H.E. Justin Sun as one of the premier leaders in the Web3 era.
#6 the stablecoin USDD
In May 2022, TRON launched USDD, the first over-collateralized, decentralized stablecoin, which is now held in more than 130,000 wallets. On November 2, Messari released the report “State of USDD Q3 2022.” USDD finished the year with a circulating supply of over 725 million and a collateral ratio of greater than 200%.
#5 one of the most eco-friendly blockchains
On August 24, in the report titled “Energy Efficiency and Carbon Footprint of the TRON Blockchain” released by the Crypto Carbon Ratings Institute (CCRI), TRON was rated as one of the most eco-friendly blockchains.
#4 the 4th anniversary of MainNet independence
On May 31, TRON celebrated the fourth anniversary of its MainNet launch.
#3 three stellar HackaTRONs
Three Seasons of the TRON Grand Hackathon, a.k.a. “HackaTRON,” took place in 2022, with over 2300 total participants and a combined total prize pool of over $2.7 million.
#2 Blockchain network with the second-largest TVL
According to DefiLlama, by the end of Q3, the Total Value Locked (TVL) on TRON had reached $6.33 billion, up 61% from Q2, surpassing BSC to become the blockchain network with the second-largest TVL worldwide. Messari released its first ever TRX research report on November 5, titled the “State of TRON Q3 2022.”
#1 from 69 million total TRON user accounts to 132 million
63 million new TRON user accounts were established in 2022. TRON wants to dominate the settlement layer of world economy. As the global leader in cryptocurrency, TRON is building an ecosystem infrastructure that will be able to support every person on the planet.
Read Also: TRON’s Mission to Create an Internet for All, Defining Decentralization