SRM has staked approximately 365 million TRX to earn staking rewards

ChainCatcher news, according to markets.businessinsider, TRON (TRX) holder SRM Entertainment, Inc. (NASDAQ: SRM) announced today that it has successfully staked its holding of 365,096,845 TRON (TRX) through the JustLend platform.

By combining standard staking rewards and energy leasing, this operation can increase the annual yield of staked TRX to as high as 10%. This move follows the company's completion of a $100 million financing earlier this month, aimed at launching its TRON reserve strategy.