Connect with us

Technology

TRON DAO Joins Chainlink Scale, Chainlink Data Feeds to Secure $6.5+ Billion in TRON DeFi TVL

Published

on

The TRON network has one of the largest DeFi economies in the world and the TRON DAO is participating in the Chainlink Scale program to further accelerate ecosystem growth and adoption

GENEVA, Oct. 31, 2024 /PRNewswire/ — TRON DAO, the community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps, and Chainlink, the industry-standard decentralized computing platform, announced today that Chainlink Data Feeds will soon become the official data oracle solution for the TRON blockchain ecosystem as part of TRON DAO joining the Chainlink Scale program. TRON DAO will fully discontinue support to and reliance on WINkLink as the oracle solution for the TRON blockchain, and the TRON DeFi ecosystem will move to Chainlink Data Feeds for secure and reliable pricing data. Chainlink’s industry-standard data oracles will help secure JustLend and JustStable—the two largest DeFi applications on TRON, representing over $6.5 billion in TVL.

TRON’s participation in the Chainlink Scale program will accelerate ecosystem growth and adoption by providing developers with sustainable access to high-quality and hyper-reliable oracle services. TRON will cover certain operating costs of Chainlink oracle networks (e.g., transaction gas fees) for a period of time, before such costs can transition to being fully covered by dApp user fees as the ecosystem matures.

“We’re thrilled that TRON has joined the Chainlink Scale program and is adopting Chainlink Data Feeds to further secure the foundation of the TRON DeFi economy. By delivering highly reliable, accurate, and decentralized market data onchain, Chainlink will further empower TRON ecosystem developers to build next-gen DeFi applications and advance the decentralized internet.”—Thodoris Karakostas, Head of Blockchain Partnerships at Chainlink Labs.

“We joined the Chainlink Scale program to accelerate TRON’s DeFi economy by offering developers access to the industry-leading data oracle solution. Chainlink’s unmatched security and reliability made it the clear choice as TRON’s official oracle provider. This integration enables us to focus on scaling our ecosystem and further driving mass adoption in the blockchain industry.”—Sam Elfarra, Community Spokesperson at TRON DAO.

As the most widely adopted oracle solution in the blockchain industry, the Chainlink platform has securely enabled over $16+ trillion in transaction value and delivered more than 15+ billion verified messages onchain across the blockchain ecosystem. Chainlink Data Feeds actively help secure tens of billions in TVL for hundreds of DeFi protocols, maintaining robust security and high availability even during extreme market volatility and blockchain network congestion.

About Chainlink
Chainlink is the universal platform for pioneering the future of global markets onchain. Chainlink has enabled over $16 trillion in transaction value by providing DAOs, financial institutions, startups, and developers worldwide with access to real-world data, offchain computation, and secure cross-chain interoperability across any blockchain. Chainlink powers verifiable applications and high-integrity markets for banking, DeFi, global trade, gaming, and other major sectors.

Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link.

About TRON
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.

Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 265 million total user accounts on the blockchain, more than 8 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN.

In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens – TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.

TRONNetwork | TRONDAO | Twitter | YouTube | Telegram | Discord | Reddit | GitHub | Medium | Forum

View original content to download multimedia:https://www.prnewswire.com/news-releases/tron-dao-joins-chainlink-scale-chainlink-data-feeds-to-secure-6-5-billion-in-tron-defi-tvl-302292245.html

SOURCE Chainlink, TRON DAO

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Resonate Releases 2025 State of The Consumer Report

Published

on

By

Leading AI-Powered Predictive Consumer Intelligence Company Unveils the Consumer Buying Behaviors Driving Growth in 2025

RESTON, Va., Jan. 13, 2025 /PRNewswire/ — Resonate, the leader in predictive consumer intelligence, today announced the release of its annual State of the Consumer report, highlighting key trends and consumer behaviors that will shape 2025.  

The report, powered by Resonate’s proprietary AI technology and models known as rAI, provides an in-depth look at prevailing consumer trends and their impact on the year ahead. 

“We leverage advanced predictive technologies to decode complex consumer behaviors with unprecedented precision,” said Bryan Gernert, Resonate CEO. “By harnessing our proprietary AI, rAI, to predict emerging trends, identify consumer behavior and provide hyper-personalized insights, we’re transforming how brands acquire and grow customers in 2025.” 

The report identifies five major trends impacting consumers in 2025: 

Economic Stress Relief: Consumers seek respite from financial pressures, with 73% of indebted consumers feeling better about managing their finances. Increased Brand Loyalty Program Participation: Despite a 2024 trend of decreased brand loyalty, consumers who participate in loyalty programs are expected to increase their engagement. Social Media Growth: Despite negative press, social media usage is projected to increase by 10%, with platforms evolving into entertainment and shopping hubs. Personalization vs. Privacy: Consumers will continue to expect personalized experiences while demanding stronger privacy protections. Decline in Consumer Activism: 60% of consumers are expected to disengage from “cancel culture,” with interest in brand activism steadily declining. 

The report also highlights three key consumer groups for 2025: the Always-On Gamer, the Wellness-Focused Consumer, and the Privacy-Focused Consumer. 

Resonate’s State of the Consumer report offers valuable insights for marketers navigating the complex landscape of consumer behavior in 2025.  

The full report is available through Resonate’s website here

About Resonate  
Headquartered in Reston, VA, Resonate is the leader in predictive consumer intelligence, delivering proprietary, privacy-safe consumer and voter data for insights, analysis and activation. The Resonate data set includes more than 15,000 rich, relevant, real-time data points that holistically describe more than 250 million U.S. consumer profiles. Resonate’s AI-powered data is readily available for delivery and activation where marketers need it most, offering unmatched flexibility and integration across the marketing ecosystem. This data can be accessed directly through top demand-side platform (DSP) providers, data append and licensing, the Resonate Ignite platform, and Resonate Managed Media Services. Marketers can leverage this data to enrich their first-party information, activate media across all channels, and install it to power predictive models, clean rooms, or data lakes, enabling comprehensive consumer insights and targeted marketing strategies. 

Hundreds of companies and campaigns use Resonate to drive more effective marketing strategy and execution fueled by a comprehensive and continuously updated understanding of their audience that extends beyond traditional demographics, psychographics and behavioral data to uncover why people choose, buy, or support certain brands, products, candidates or causes.  

View original content:https://www.prnewswire.com/news-releases/resonate-releases-2025-state-of-the-consumer-report-302349662.html

SOURCE Resonate

Continue Reading

Technology

InventHelp Inventor Develops Secure Box for Package Deliveries (CLM-709)

Published

on

By

PITTSBURGH, Jan. 13, 2025 /PRNewswire/ — “I thought there could be a better way to protect package deliveries against potential theft or porch pirates,” said an inventor, from Waterford, Ohio, “so I invented the DOC BOX. My design would also keep deliveries safe against rain and other bad weather.”

The invention provides a secure box designed to protect residential package, mail parcel, prescription medication, and grocery/food deliveries. In doing so, it helps prevent theft. It also protects against damage associated with rain and other inclement weather. As a result, it increases security, convenience, and peace of mind. The invention features a durable design that is easy to use so it is ideal for households.

The original design was submitted to the Columbus sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 23-CLM-709, InventHelp, 100 Beecham Drive, Suite 110, Pittsburgh, PA 15205-9801, or call (412) 288-1300 ext. 1368. Learn more about InventHelp’s Invention Submission Services at http://www.InventHelp.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/inventhelp-inventor-develops-secure-box-for-package-deliveries-clm-709-302347469.html

SOURCE InventHelp

Continue Reading

Technology

U.S. Institute of Peace Hosts Pre-Inaugural National Security Event: Passing the Baton

Published

on

By

WASHINGTON, Jan. 13, 2025 /PRNewswire/ — On Tuesday, January 14, the U.S. Institute of Peace (USIP) is hosting Passing the Baton 2025: Securing America’s Future in an Era of Strategic Competition. USIP’s flagship, pre-inaugural national security event marks the peaceful transition of presidential administrations through bipartisan dialogue about American foreign policy. The afternoon event will culminate with National Security Advisor Jake Sullivan passing the baton to National Security Advisor designate Michael Waltz.

“Since 2001, the U.S. Institute of Peace has commemorated the peaceful transition of power from one administration to the next,” said Acting USIP President and CEO George Moose. “Passing the Baton offers a platform to discuss the most pressing peace and security challenges that will define the next four years and reaffirms the importance of bipartisan problem-solving in foreign policy.”

The full afternoon agenda will examine how to ensure strategic stability in a changing world; economics and trade; mobilizing new and old technology; and advancing American prosperity and security in the context of new challenges to U.S. national security at a pivotal moment in global affairs. USIP Board Chair John J. Sullivan said about Passing the Baton, “In this time of heightened strategic rivalry and global instability, preventing and mitigating conflicts before they escalate into crises or wars is not only a moral imperative but a strategic necessity.”

The event is being live streamed globally starting at 12:45 p.m. ET and will run through 6:30 p.m. ET. Featured speakers include military leaders, members of Congress and other leading experts. For specific discussions and panel times please see the agenda below.

12:45 p.m.: Fireside Chat: Ensuring Strategic Stability1:40 p.m.: Panel I: Harnessing Economics and Trade3:05 p.m.: Conversation with Congressional Leaders: Advancing American Prosperity & Security3:55 p.m.: Panel II: Mobilizing Technology, Old & New6 p.m.: Passing the Baton

USIP’s institutional partners for the event are the American Enterprise Institute, Atlantic Council, Carnegie Endowment for International Peace, Center for American Progress, and the Heritage Foundation. Media partners for the event are SiriusXM POTUS Ch. 124 and the Wall Street Journal.

For information on USIP, visit: https://www.usip.org/about.

View original content to download multimedia:https://www.prnewswire.com/news-releases/us-institute-of-peace-hosts-pre-inaugural-national-security-event-passing-the-baton-302349628.html

SOURCE United States Institute of Peace

Continue Reading

Trending