What is Triumph

Triumph is a decentralised asset issuance protocol built on Tron blockchain

These assets are collateralized by the Tron Coin (TRX) which when locked in the contract enables the issuance of Triumph assets (TRH). This collateral model enables users to perform conversions between TRH directly with another token or crypto coin in the smart contract. This mechanism solves the liquidity. Triumph holders are incentivised to stake their tokens as they are paid a pro-rata portion of the fees generated through activity on Triumph and based on their contribution to the network. It is the right to participate in the network and capture fees generated from Triumph exchanges. Staking cross-chain on Triumph DeFi not time-locked, you can cancel at any time.

Profile

Triumph Stabletoken (TRH)built on Tron blockchain

Triumph is the IDR-pegged stablecoin issued by Triumph on the TRON network. The token will be able to complete issuance, holding and transfer via smart contract on TRON, with a completely free and transparent process, and instant delivery; it will also be able to write programs that are highly expansible based on smart contract. TRC20 based Triumph enables interoperability with TRON-based protocols and Decentralised Applications (DApps) while allowing users to transact and exchange fiat pegged currencies across the TRON Network.

TRH SPECIFICATION
AIRDROP END
Triumph Staking

STAKING REWARDS

The primary function of TRH is to protect the integrity of Triumph mechanisms by locking value within the Triumph ecosystem through staking.
However, in providing network security, TRH holders and delegators are exposed to the risks of maintaining a long-term position on a fluctuating asset. Staking rewards therefore provide the incentives to keep long-term interest in TRH ownership.
In the Triumph protocol, staking rewards are first distributed to validators who take a commission for providing their

operations, and then are withdrawn individually by delegators.
Rewards from stake are determined largely by the relative size of node, and are structured in such a way that rewards increase as nodes increases. TRH ownership is thus an investment in the long term growth of Triumph.
Staking rewards come from three sources: Energy (compute fees), Taxes, and Voting Validator Rewards.

TRIUMPH DeFI

Triumph is The Latest Generation of DeFi on TRON

Triumph is committed to developing TRON-based DeFi protocols
and aims to provide all-in-one financial solutions to its users

High Performance

Triumph presents the unique protocol based on the Tron blockchain. Triumph give powers features of the most popular decentralized protocols and applications in the world. The first DApps powered by Triumph are Triumph DeFi, is a cross-chain staking program for beginning circulation.

High Liquidity

Triumph stabletoken are backed Tron coin including intrinsic value and a higher degree of decentralization consensus come with an improved rewards distribution mechanism.

High Scalability

Triumph stabletoken deployed in TRON chain because of its scalability and highly effective smart contract. Triumph is prepared for a fundamental change in digital transaction tools with wide scalability. It can support enormous numbers of users.

You can directly TRH staking  with
9+1 Crypto/token
from All Exchange
VALIDATOR GUIDE

BECOME A VALIDATOR

VALIDATOR GUIDES

Triumph Core is based on Tendermint, which relies on a set of validators that are responsible for committing new blocks in the blockchain. These validators participate in the consensus protocol by broadcasting votes which contain cryptographic signatures signed by each validator’s private key.
Validator candidates can bond their own TRH and have TRH “delegated”, or staked, to pool staking by token holders. The validators are determined by stake delegated to mining pool staker will become “Triumph” validators.

Validators and their delegators will earn the following fees:
Compute fees: To prevent spamming, validators may set minimum energy fees for transactions to be included in their pool. At the end of every block, the compute fees are disbursed to the participating validators pro-rata to stake.
Stability fees: To stabilize the value of TRH, the protocol charges a transaction fee ranging from 2 TRH to 5%. This is paid in TRH currency, and is disbursed pro-rata to stake at the end of every block in Triumph consensus.

Voting Validator Rewards: Validators that participate in the Github Exchange Rate get a portion of voting reward if they faithfully report and win the ballot.
Besides revenue, there are scarcity incentives:
Swap fees: A small spread is charged on atomic swap transactions between TRH and other currency, which is savings and directly rewards validators.
Note that validators can set commission on the fees their delegators receive as additional incentive.

Who is Validators

Validators are network participants that, in addition to running a node, full node, or supernode, also listen to transactions broadcasted in the network’s pool and include them in blocks that they sign.
In order to do so and reliably to meet the scalability, security, and finality requirements of the Triumph network, they typically run specially configured architectures that are robust against many forms of attacks on distributed networks. Validators play a central role in the Triumph blockchain’s consensus.

TRIUMPH TEAM

TEAM PROJECT

LUKMAN HAKIM
CHIEF EXECUTIVE OFFICER
TUBAGUS ARIF ISNAENI
CHIEF OPERATING OFFICER
ROADMAP

The Timeline

With help from our teams, contributors and investors these are the milestones we are looking forward to achieve.

FAQS

Frequently Asked Questions

Energy

Energy is a fee that is added on to each transaction to avoid spamming. Validators set minimum energy value and reject transactions that have implied energy value above this threshold. At the end of every block, the compute fees are disbursed to the participating validators pro-rata to stake.

Taxes

Taxes are used as a stability fee, and the protocol charges a transaction fee ranging from 2 TRH to 5% on every Triumph transaction. This is paid in TRH currency, and is disbursed pro-rata to stake at the end of every block.

Voting Validator Rewards

Validators participate in the TRH exchange rate github process, and win rewards from the voting pool every time they vote within the reward band, proportional to their stake.

Who is Validators

Validators are network participants that, in addition to running a node, full node, or supernode, also listen to transactions broadcasted in the network's pool and include them in blocks that they sign. In order to do so and reliably to meet the scalability, security, and finality requirements of the Triumph network, they typically run specially configured architectures that are robust against many forms of attacks on distributed networks. Validators play a central role in the Triumph blockchain's consensus.

TRH can exist in three condition:

Unbonded This is TRH that can be freely transacted as a regular token, with no restrictions. Bonded While TRH is bonded, it is considered staked, and generates rewards for the delegator and validator it is bonded to. The TRH cannot be freely traded, and is locked in the ecosystem until it is fully unbonded. Unbonding TRH that is instructed to be undelegated from a delegator transition into an "unbonding" state during which neither rewards accrue nor the TRH can be freely traded. This unbonding phase takes 1 minutes to complete, after which the TRH return to an unbonded state.

Smart Contracts

A smart contract is a contract whose terms are expressed as a computer program with logic and state persisted on the blockchain. Smart contracts can automatically carry out its terms and conditions with total transparency and no counter-party risk. Smart contracts allow users to extend the capabilities of the Triumph blockchain by introducing custom logic that can be composed against the Triumph blockchain's financial primitives such as its stablecoin available in any world currency, robust price feed, and cross-chain atomic swap.

CONTACT

Get In Touch

Any question? Reach out to us and we’ll get back to you shortly.

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