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Tron's Proposal to Halve Transaction Fees Nears Approval - Unchained
Tron’s fee-cut proposal, known formally as Issue #789 or Proposal#104, is nearing approval as the vote gains strong momentum ahead of the Friday deadline.
The proposal suggests halving Tron’s transaction fees by reducing the energy unit price from 210 sun to 100 sun, effectively cutting the cost of transactions in half
In the Tron blockchain ecosystem, a “sun” is the smallest divisible unit of the native token TRX. One TRX token equals 1,000,000 sun, similar to how one bitcoin is divisible into 100 million satoshis.
This story is an excerpt from the Unchained Daily newsletter.
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Tron’s blockchain explorer shows that 20 elected block producers dubbed “Super Representatives” had voted in favor of passing the proposal, with seven governance participants yet to vote.
It is worth noting that the fee cut does carry risks, including the potential for net inflation of the TRX token supply if increased transaction volume does not offset the reduced burn rate.