波场（TRX）代币经济学
波场（TRX）信息
波場 TRON 以推動互聯網去中心化為己任，致力於為去中心化互聯網搭建基礎設施。旗下的 TRON 協議是全球最大的基於區塊鏈的去中心化應用操作系統協 議之一，為協議上的去中心化應用運行提供高吞吐，高擴展，高可靠性的底層公鏈支持。波場 TRON 還通過創新的可插拔智能合約平臺為以太坊智能合約提供更好的相容性。
波场（TRX）代币经济学和价格数据分析
快速了解 波场（TRX）的代币经济数据，包括市值、供应量、FDV 和历史价格，帮助您轻松掌握币种现状与市场表现。
波场（TRX）深度代币结构解析
深入了解 TRX 的代币发行、分配与解锁机制。本部分涵盖代币用途、激励模式和解锁计划。
TRON (TRX) features a comprehensive token economic model that has evolved over time, with mechanisms for issuance, allocation, usage, incentives, and locking/unlocking. Below is a detailed breakdown, including tables and structured sections for clarity.
Issuance Mechanism
- Initial Launch: TRX was initially launched as an ERC-20 token on Ethereum, then migrated to its own mainnet on June 25, 2018.
- Consensus & Minting: TRON uses a Delegated Proof-of-Stake (DPoS) consensus. New TRX is minted as block and voting rewards when Super Representatives (SRs) produce blocks.
- Block Reward: 16 TRX per block (modifiable via governance).
- Voting Reward: 160 TRX per block (modifiable via governance).
- Block Time: 3 seconds per block.
- Deflationary Model: Since April 2021, TRX transitioned from inflationary to deflationary, with more tokens burned than minted, leading to a net reduction in supply over time.
- Burning: TRX is burned to pay for network resources (bandwidth and energy), permanently removing tokens from circulation.
Allocation Mechanism
Initial Token Distribution
| Allocation Category | Amount (Billion TRX) | % of Initial Supply | Notes |
|---|---|---|---|
| Public Sale (ICO, Aug 2017) | 40 | 40% | ~$150M raised, no KYC/AML disclosure |
| Private Sale (Jan 2017) | 25.7 | 25.7% | ~$30M raised |
| TRON Foundation & Ecosystem | 35 | 35% | Foundation and team, all unlocked by Jan 1, 2020 |
| Initial Supporter (Peiwo Huanle/Justin Sun) | 10 | 10% | Allocated to Justin Sun’s company |
| Mainnet Burn (June 2018) | 1 | 1% | Burned at mainnet launch |
- No further public offerings were planned before 2021; subsequent offerings are in fixed amounts, not percentages.
Usage and Incentive Mechanism
Core Use Cases
- Resource Acquisition: TRX is burned to acquire bandwidth (for transactions) and energy (for smart contract execution).
- Staking & Governance: Staking TRX grants TRON Power (TP), used to vote for Super Representatives (SRs) and participate in governance.
- Payments: Used for payments within and outside the TRON ecosystem (e.g., credit card payments, ATMs, DEX trading, merchant payments).
- DeFi & Collateral: TRX is used as collateral in DeFi protocols, lending, and as a unit of account in NFT marketplaces.
- Airdrops & Rewards: Holding TRX can entitle users to airdrops (e.g., BTT) and participation in community incentive programs.
Incentive Structure
| Mechanism | Description |
|---|---|
| Block Rewards | Earned by SRs for block production, distributed to voters after commission |
| Voting Rewards | Distributed to voters who support SRs and SR Partners, proportional to votes |
| Staking Rewards | Earned by staking TRX and participating in governance |
| Delegation | Staked resources (bandwidth/energy) can be delegated to other addresses |
| DeFi Yield | TRX can be locked in DeFi protocols for yield, lending, and liquidity provision |
Locking Mechanism
- Staking Lock: When users stake TRX for bandwidth or energy, the tokens are locked and cannot be transferred until unstaked.
- Delegation Lock: Delegated resources can be time-locked, with a specified lock period. During this period, delegated resources cannot be withdrawn.
- Unstaking: Users can unstake TRX after the lock period, regaining transferability.
Locking/Unlocking Table
| Mechanism | Locking Action | Unlocking Action | Lock Period | Notes |
|---|---|---|---|---|
| Staking | Stake TRX for resources | Unstake TRX | User-defined | Resources (bandwidth/energy) obtained; voting rights granted |
| Delegation | Delegate resources | Cancel delegation | User-defined | Can set a lock period; only unused resources can be delegated |
| Governance | Vote for SRs | Withdraw vote | User-defined | Voting power is tied to staked TRX |
- Unstaking/Unlocking: After the lock period, users can unstake or cancel delegation, making TRX liquid again.
Circulating Supply and Deflation
- Burning vs. Minting: Since 2021, TRON has consistently burned more TRX than minted, making TRX a deflationary asset.
- Recent Data: As of June 2025, the net burn reached 197.2 million TRX, with the circulating supply declining from over 96.5B to around 95B TRX in one year.
- Staking Participation: High, with 45-50% of eligible supply staked as of Q1 2025.
DeFi Locking Trends
| Period | TVL (TRX) | TVL (USD) | QoQ Change (TRX) | QoQ Change (USD) | Notes |
|---|---|---|---|---|---|
| Q2 2025 | ~40B | <$10B | -15.4% | -0.8% | Decline in DeFi activity and TVL |
| Q1 2025 | -32.6% | -36.7% | Significant drop in DeFi TVL | ||
| Q3 2024 | ~55B | ~$7B | -17% | +4% | TVL in USD grew despite TRX decline |
- Interpretation: DeFi TVL in TRX has declined, but USD value has sometimes increased due to TRX price appreciation.
Summary Table: TRON Token Economics
| Aspect | Details |
|---|---|
| Issuance | DPoS, block/voting rewards, deflationary via burning |
| Allocation | ICO, private sale, foundation/team, supporter, mainnet burn |
| Usage | Payments, staking, governance, DeFi, collateral, airdrops |
| Incentives | Block/voting rewards, staking rewards, DeFi yield, delegation |
| Locking | Staking/Delegation locks, user-defined periods, unlock via unstaking/cancel delegation |
| Unlocking | After lock period, TRX becomes liquid again |
| Deflation | Net burn > mint, supply declining since 2021 |
| DeFi TVL | Fluctuating, recent decline in TRX terms, sometimes offset by TRX price appreciation |
Additional Notes
- Token Standards: TRON supports TRC10, TRC20 (ERC-20 compatible), and TRC721 (NFTs).
- Governance: Top 27 SRs are elected by TRX holders; governance and reward parameters can be changed via proposals.
- Resource Delegation: Only bandwidth and energy can be delegated, not voting rights.
This comprehensive overview reflects the current state and recent trends in TRON's token economics, including all major mechanisms and their implications for users, developers, and the broader ecosystem.
波场（TRX）代币经济模型：关键指标与应用场景
了解 波场（TRX）的代币经济模型，对于分析其长期价值、可持续性和发展潜力至关重要。
关键代币经济指标及其计算方式：
总供应量（Total Supply）：
已创建或将要创建的 TRX 代币的最大数量。
流通供应量（Circulating Supply）：
当前市场上可供交易和公众持有的代币数量。
最大供应量（Max Supply）：
TRX 代币可能存在的总数量上限。
完全稀释估值（FDV）：
当前价格 × 最大供应量，预测所有代币完全流通时的总市值。
通胀率（Inflation Rate）：
反映新代币发行的速度，影响稀缺性及长期价格走势。
为什么这些代币经济指标对交易者很重要？
流通供应量高 = 流动性强。
最大供应量有限 + 低通胀率 = 具备长期价格上涨潜力。
代币分配透明 = 增强项目信任度，降低中心化风险。
FDV 高而当前市值低 = 可能存在高估风险的信号。
现在您已经了解了 TRX 代币经济模型的功能，赶快查看 TRX 代币的实时价格吧！
如何购买 TRX
想将 波场（TRX）添加到您的投资组合中吗？MEXC 提供多种购买 TRX 的方式，包括信用卡、银行转账和点对点交易。无论您是新手还是专业用户，MEXC 都能让您轻松、安全地购买加密货币。
波场（TRX）价格历史
分析 TRX 的价格历史有助于用户了解过去的市场走势、关键支撑/阻力位以及波动模式。无论是追踪历史最高价，还是识别趋势，历史数据都是价格预测和技术分析的重要组成部分。
为什么选择 MEXC？
MEXC 是全球领先的加密货币交易所，深受全球数百万用户信赖。无论您是新手还是资深交易者，MEXC 都是您进入加密世界的最便捷途径。
免责声明
代币经济数据来自第三方。MEXC 不保证其准确性。请在做出任何投资决策前自行审慎评估。
