As most of the users on the steemit platform know, the TRX token of the Tron network is used to make transactions, payments, content reward, storage or transactions between users. The token can also be traded on various cryptocurrency exchanges against other cryptocurrencies or fiat currencies. Some time ago, Steemit announced plans to change the reward mechanism to include the TRX token of the Tron network. The goal was to create a more stable and sustainable reward system that does not rely solely on the price of the STEEM token. This decision was made because the price of STEEM can be volatile and fluctuations in its value could affect the amount of rewards users receive. Until last year, there was some lag/delay in the payment of rewards to each of us in the form of trx, but we still received these resources in our wallets. At some point these rewards stopped being received and I decided to look for information everywhere. The information I found was quite sparse, unconfirmed or contradictory. Last I knew these rewards are being delayed because the trx value is too low and the goal is when the price goes up we all get what we deserve. This was tentatively expected to take place at the end of 2023. It's almost the end of March and there is no development on this topic. The plan was to create a prize fund funded by the issuance of STEEM and TRX tokens. The fund had to distribute rewards based on the value of the TRX token instead of the value of STEEM. This allowed users to receive consistent and predictable rewards regardless of STEEM token price fluctuations. However, it seems that the implementation of this plan has been delayed or stopped due to some reasons. Could there have been technical challenges, regulatory hurdles or platform strategy changes that affected the process?
I want to ask you, if anyone knows anything more, write in a comment and bring more clarity on the subject.
