Tron (TRX): Hyper Pay to join Super Representative Elections
Tron (TRX) will soon be having it token migration which will be followed by the Super Representative elections. And, HyperPay (HPY) has recently announced that they would run for Tron’s Super Representative.
For both users and service providers, Hyperpay is a revolution when it comes to accessing, exchanging and transacting funds. People are facing the problem of separation of digital currency wallets and third-party payment platforms almost every day. Hyper Pay allows users to organize their financial lives in a better way and gain greater control of the payment options.
It is done by joining the transaction methods into a single gateway with the kind of security and agility that no other wallet has. The users can use HyperPay (HPY) to pay fees as well as for purchasing products by the HyperPay digital wallet. It also collects the profits from lock function and PoS function. HyperPay already has over 400,000 registered customers. It also reportedly has over 40, 000 fans from social media and financial media.
HyperPay will be establishing the express community of the Tron platform within HyperPay wallet. Tron Foundation’s report mentioned that Tron will also be opening up the entrance for its holders and support the community activities. They also mentioned that special funds will be established to invite merchants and more partners as well to join and promote the development of the community.
What will happen after the election?
After the election completes, 27 representatives will be elected out of the one million Tron proponents. In future, the elected Super Representatives will be playing a great role in the governance structure of the firm. They’ll actually be representing the will of the people. They will also act as guardians of the network, and will actively participate in validation of the network and calculation.
Tron price analysis
Tron price experienced slight surge over the past 24 hours as it rose above 5.5%. This was experienced by the TRX almost after a month, during which time it went down of total 33%. Currently, TRX is trading at $0.045 per coin and is at number 10 rank in terms of the overall market cap, across the board the market cap is of around $2.98 billion.
Image via Shutterstock
Join our Telegram group