SRM Entertainment has staked all of its approximately 365 million TRX to earn staking rewards
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Odaily Planet Daily reports that TRON (TRX) holder SRM Entertainment, Inc. (NASDAQ: SRM) announced today that it has successfully staked its 365,096,845 TRX tokens through the JustLend platform. By combining standard staking rewards with energy leasing, this operation can boost the annual yield on TRX staking to as high as 10%. This move follows the company’s $100 million financing completed earlier this month and is intended to launch its TRX reserve strategy.
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