In this weekly recap we will go through - Was the dividends pool affected by the higher TRX price, did any token burns take place and what to expect in the future from T2X's developers.
If you have been following our articles, you are already familiar with T2Xtoken.io or even better - you have started your first stake and already earning TRX from it. If that is not the case - then keep on reading, because you will certainly not regret it!
What is T2X?
T2X is a Stake&Earn DApp on the TRON blockchain. Everyone who buys and stakes their T2X tokens will receive daily dividends in TRX and T2X.
Further info: https://www.tronlist.com/t2x-stakeearn-dapp/
Was the dividends pool affected by the higher TRX price?
This week we saw the TRON price go above 0.04$, but that didn't affect the dividends pool a lot. Even with the expensive price of TRX - the dailly dividends pool stayed in the range between 800 000 - 1 500 000 TRX. Impressive how strong T2X's community and economics are!
Investment example:
- We buy 1000 T2X for the current rate of 5.66 T2X/1 TRX = Total Investment: 176.67 TRX
- 1000 T2X staked generate 4.1 TRX + 1.5 T2X per day
- ROI: 176.67 / 4.1 = 43 Days*
*Not counting the T2X that is also growing daily!
T2X Buyback and Token Burn
More than 850 153 TRX has been used for the buyback of 3 487 434 T2X so far. Those are some really impressive stats for the T2X Team!
03-09-20
What to expect in the future?
Many more days of great dividends - that is for sure. T2X has been up and running for almost two months now. Every day it keeps on rewarding its great users/stakers with amazing dividends!
But that is not all - we have heard rumors about something new that the developers of T2X are preparing for us! All we know is the keyword "V2X", but we certainly can't wait to find out more and share it with you guys!
Summary
It was another strong week for T2Xtoken.io and all of it's thousands of users! The high price of TRON didn't affect the dividends pool and the daily TRX drops kept on coming. Another Token Burn took place this week - showing that the T2X Team does what it says! Furthermore we can expect to see something new from the developers of T2X. That is all for now and thanks for reading.
Leave us a comment and remember to always do your own research!
Useful Links:
Official Website: https://t2xtoken.io/
Official Telegram: https://t.me/T2Xtoken
Official Twitter: https://twitter.com/T2XToken
Official Discord: https://discord.gg/YMpcptT
Whitepaper: https://t2xtoken.io/litepaper.pdf
Posted from my Tronlist.com blog with SteemPress : http://www.tronlist.com/t2x-weekly-recap-2/