The proposal for fee reduction on Tron is nearing approval, with strong voting momentum.

CN
15 hours ago

A GitHub proposal to readjust the fee structure of the TRON blockchain to achieve broader adoption has gained support ahead of the voting deadline on Friday, indicating that network stakeholders are prioritizing accessibility—even at the risk of introducing net inflation into the TRX supply.

The proposal, titled "Reduce Transaction Fees" (Issue #789), was submitted by GitHub user GrothenDI on August 8 in the TRON Improvement Proposal repository.

The proposal calls for reducing the energy unit price from 210 sun to 100 sun, effectively halving the transaction cost for energy-consuming transactions. One TRON (TRX) token is equal to 1,000,000 sun—the smallest divisible unit of TRX, similar to a satoshi in Bitcoin (BTC).

If approved, this change is expected to enhance user accessibility by lowering the amount of TRX required per transaction. Estimates suggest that this adjustment could extend the network's affordability to nearly 45% more users, particularly for high-volume use cases like stablecoin transfers.

The proposer pointed to historical precedent: after proposal #95, which cut energy costs by 50% in 2024, the network saw a significant increase in new smart contract deployments, indicating a strong correlation between lower fees and ecosystem growth.

Nevertheless, this update carries risks. At the current rate of 210 sun per energy unit, TRON has achieved a net destruction of approximately 76 million TRX. Reducing the rate to 100 sun could reverse this trend, leading to net inflation unless transaction activity grows enough to offset the lower destruction rate.

Voting on the proposal began on Tuesday and will conclude on Friday. It has been published on the TRON blockchain explorer as proposal #104.

As of Wednesday, it has received 17 votes in support, including backing from Chain Cloud, CryptoChain, Nansen, HTX.com, P2P.org, and the TRON Alliance, while 10 participants have yet to vote. At this pace, the proposal seems likely to pass.

According to TRON's governance rules, a proposal must be approved by at least 18 of the 27 super representatives—these elected block producers are responsible for generating blocks and validating transactions on the network.

Launched in 2017, TRON is one of the few blockchains that have expanded their influence across multiple market cycles.

According to CoinMarketCap data, it is currently the ninth-largest blockchain by market capitalization, valued at $33.1 billion. The network has also established a significant position in the stablecoin market, with its stablecoin supply growing by 40% since the beginning of the year.

Related: Bitwise first to submit spot Chainlink ETF application

Original article: “TRON Fee Reduction Proposal Nears Approval, Voting Momentum Strong”

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