фото показано с : invezz.com

Alchemy Pay hosted this year’s Global Blockchain Eco-Conference, where the CEO of TRON, Justin Tron, was the keynote speaker. In his speech dubbed, “The DeFi Boom and TRON’s Road to Advancement”, Sun revealed that the public blockchain had significant plans to bring back life to the DeFi market.

In his keynote speech, Justin stated that,

 “The next DeFi industry opportunity lies in TRON.”

He noted that TRON had already surpassed Ethereum to become successful after public blockchain in the industry. He added that TRON has been working on DeFi since the beginning of the year and will revitalize the market by addressing Ethereum’s challenges of high gas fees and congestion. Justin added that,

“I believe that by the end of this year, TRON will advance to become one of the top protocols for DeFi and stand toe-to-toe with Ethereum.”

The event took place on 17 August in Shanghai, China, and brought together 30 heavyweights in the technology space gave a platform for the over 500 audiences to discuss and exchange ideas. Some notable names in the all-star lineup included; Stani Kulechov the founder of AAVE, Alex Mashinsky of Celsius Network, and Jonas Lamis od StakerDAO.

Another notable speaker was Shelley, the VP of global business and marketing at Poloinex, who emphasized the platform’s commitment to growth in the industry. She stated that Poloinex would continue with its alliance with TRON and help strengthen the blockchain’s ecosystem.

TRON is working hard to establish itself as the leader in the DeFi space. Yesterday, the public blockchain launched JUSTswap, which will rival Ethereum’s UNISWAP. Justin Sun also tweeted that yield farming for USDJ, and JST tokens would be launched on 31 August. The platform is optimistic that DeFi development will surpass market expectations in the next three months.

3 exciting decisions were made today! 1) #TRON's version of Uniswap "JUSTswap" will launch on Aug 17th 2) #USDJ & #JST yield farming will launch on Aug 31st & 3) #TRON will officially launch blockchain oracle soon!! #TRX $JST

There’s a lot of talk in the cryptocurrency space about Decentralized Finance (DeFi). As the original DeFi applications, Bitcoin and Ethereum continue to dominate the space. A recent publication by Forbes noted that DeFi might dominate the world of finance since it reconstructs the traditional banking system making it more accessible. Dai, which is a popular DeFi app, has over 21,000 users and counting. With major tech companies venturing into DeFi, the future looks bright with major products set to hit the market.

The post TRON’s Justin Sun announces major plans for DeFi market appeared first on Invezz.

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