Global: Tron Foundation Burns Another 182.4 Million TRX ERC20 Tokens

Ethereum World News

During the ICO phase of the Tron project, 100 Billion TRX tokens on the Ethereum blockchain were issued to investors. When Tron declared independence from the Ethereum network on the 25th of June, there was a token swap of these ERC20 tokens with the newly minted TRX coins on the Tron blockchain. The token swap still continues to this day as prominent exchanges such as Binance, promised to support the process until all 100 Billion initial TRX were swapped.

image via Shutterstock

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