SafePal launches TRX New Staking Yield Product with APY of up to 10%

BlockBeats News, March 31st, according to official sources, Web3 wallet brand SafePal announced the launch of TRX flexible staking for its 30 million global users. The expected annualized interest rate is up to 10%, generated from real on-chain activities such as TRON Super Representative (SR) voting rewards, and rental income from leasing the TRON power generated by staking to USDT-TRC20 users. The revenue is supported by genuine on-chain demand and does not rely on TRX token issuance.

This feature is natively integrated within the SafePal App, allowing users to complete the staking operation without navigating to any third-party platforms. SafePal hardware wallet users can enjoy a higher level of security: each staking transaction requires physical confirmation on the device before execution, and the private key is stored entirely offline in a secure chip, ensuring that asset ownership is fully controlled by the user. Users can now view this feature update in the SafePal Earn section and participate in TRX staking.