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TRONICS

Tron-Europe Reward Mechanism...How does Its Rewards System Work?

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TERC, a TRC10 token popularly known as TRONEuropeRewardCoin is the token used to run any of the TRON-Europe operations with a total supply of 10,000,000,000.

This limited supply gives it quality and possibility of increasing in value. However, TERC is mainly distributed as a voting reward

The estimated value of TERC is 1:1.

This means that 1 TERC = 1 TRX.

Also, HODLing TERC will qualify you for several airdrops in the future

Here's how the reward works.

Tron-Europe constantly pays every 6 hours without reducing the rewards. The reward sharing is 500% , actually it pays more than every other SR (Super Representative)

To receive this reward. HODL or VOTE TERC to be eligible.

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How to vote

Visit: https://medium.com/tron-foundation/how-to-vote-for-super-representatives-d81d14d9743d

VOTING REWARD

Here we go!!!

NOTE: Your reward does not come in decimals but in whole numbers .E.g 1 TERC , 2 TERC and so on.

  • 1 CYCLE= 6 HRS
  • 4 CYCLES = 24 HRS/DAY

Start by Freezing your TRX 1TRX= 1 VOTE 1vote = 0.001 Terc/day For every cycle (6 Hrs) you will receive: 0.001/4 = 0.0003 Terc/cycle

Let's apply this using 1000 votes

1000 Votes will give: 0.001 × 1000 = 1 Terc/day 1/4 = .25 Terc/cycle(6hrs)

Therefore,

0.25 Terc= 1cycle 1 Terc = 1/0.25 = 4 cycles 4 cycles= 4 × 6 hrs= 24hrs/24hrs= 1 day 1000 votes will give you 1 TERC in 1 day

Theory

You have voted with 1000 votes, so you are getting around 0,25 TERC in every cycle or 6 hrs. It means you need 4 cycles in 1 day to reach 1 TERC with the current votes amount which can be found here:

https://www.tokengoodies.com/?goto=TN2MEB71iox2mDwwngdTrUyUZXeENcb79F

HODLING REWARD

Moreover, if you keep/hodl Terc in your wallet you will still get rewards.

For 1000 hold TERC you receive: per cycle: 0.12 TERC per day: 0.5 TERC

Be reminded that payout is only made with full TERC. The decimals are added up until a full TERC is reached.

TERC also rewards Hodlers of its TERC upon promotion of its projects like Gots, DVM, AIT, TESD. Cool, right?

How to Check your rewards Simply enter your TRX address on the link provided below https://tron-europe.org/rewards

The goal is to make sure every investor has the opportunity to benefit from this development. The bigger your votes, the bigger your rewards. What are you waiting for? Be part of this awesome development.

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For more info Visit TronEurope on their various platforms below:

Website: https://www.tron-europe.org

Facebook: https://www.facebook.com/tron.europe.1

Twitter: https://twitter.com/europe_tron

Telegram: https://t.me/tron_europe

This original article was done for TRONEuropeRewardCoin during the writing competition of how its reward works. Came 2nd place and i feel very honored..

It was featured here though not word for word.

https://www.tronweekly.com/tron-news-europe-continues-to-make-ecosystem-more-tight-knit-how-does-its-rewardssystem-work/#click=https://t.co/gEftmql7cr

Pictures: TronEurope

Shout-outs: @jtsofficial @stephenkendal @offgridlife

My Twitter: https://twitter.com/nelo_simon

Comments · 6

  • @javirid(56)· 2378d

    That's not the way it works.

    Tron-Europe are SRs. They are rewarded with TRX when they broadcast a new block. They keep those TRX.

    Then they give supporters TERC tokens valued at 500% the amount of TRX they were rewarded and which they kept.

    There is no real use for those TERC tokens and the market is just pricing it because they are given to supporters on a certain ratio.

    It is a useless token without value and which unique reason of being is to be a claim so more people vote for Tron-Europe as a SR.

  • @sweetcha(56)· 2380d

    This is the best investment so far, hold or vote we get more divs every 6 hrs at hold...earn while we sleep is not a lazy thing 😉 Awesome blog Nelo....👍❤ #JTS rock💃

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  • @offgridlife(74)· 2381d

    Thanks for the shoutout.... I just keep getting all these TRX, TERC, BTT in my TronWallet and never knew why.... this is great info....

  • @offgridlife(74)· 2381d

    Awesome.... how do I freeze vote my TERC I have in TronWallet.Me ???? Do I have to move them over to Tronlink ? Tronscan ?

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  • @hamad1(37)· 2381d

    Very well explained Nelo. Thank you for shating, much appreciated #JTS #TERC

  • @davidgettman(44)· 2381d

    This is a very good explanation that people have been looking for when asking about who to vote for. Very nice post. How do I put it on blast for all of @Steemit to see 😁👍🏻