How to Rent Energy and Bandwidth to Lower Fees on the TRON Network
How to Rent Energy and Bandwidth to Lower Fees on the TRON Network
Blog Article
The TRON network has two resources that enable users to pay for transactions and Smart Contract actions, Bandwidth and Energy. While you can always pay transaction fees in TRX, the network’s native copyright, accumulating these resources can be more cost-effective, particularly for those who frequently transfer USDT or perform complex Smart Contract operations.
To help address these costs, imToken launched a new service today that allows you to rent energy required for USDT transfers at a significantly lower cost than directly burning your own TRX. The service is called Energy Rental and can save you up to 50% on your USDT transfer fees when compared with direct energy burn.
Getting started is simple. Just login to your wallet in the app and select the USDT tab, then tap the lightning icon next to your balance. You will see your current Bandwidth and Energy balances, as well as a graph showing you how much you’ve been charged in USDT fees so far this month. The graph also provides you with the option to purchase additional bandwidth and energy from the app’s marketplace at a discount.
Energy, on the other hand, 65000 energy 0 trx enables more complex transactions in the TRON ecosystem and is essential for performing USDT transfers or interacting with smart contracts that require a higher level of computation. Like Bandwidth, energy can be acquired by freezing your TRX tokens, and similar to bandwidth, accounts are given a certain amount of free daily energy points.
With the recent increase in the network’s energy cap, the ability to effectively manage bandwidth and energy has become even more critical for reducing transaction costs. As more and more developers and users interact with the TRON blockchain, it is important that transaction costs are kept as low as possible.
This will encourage more activity on the TRON network, which is great for security and decentralization. It will also make the platform more attractive to dApp and smart contract developers, enabling them to create their own projects without worrying about high transaction fees.
If you haven’t already, be sure to download and update your copyright mobile wallet to get the latest release. Once the update is complete, you can easily manage your bandwidth and energy through the copyright wallet. To freeze your assets for bandwidth or energy, simply select the resource in the left menu and then tap where it says “Freeze”. You will be prompted to enter a destination address that you want to receive the frozen resource (either bandwidth or energy). The maximum amount of time that staking can be unfrozen is 3 days from the date of freezing. Once unstaking is completed, the frozen asset will be available for transactions in your wallet. If you have any questions, please don’t hesitate to contact us through our support portal. Thank you for your continued support! Report this page