DeFi Dispatch: DeFi News and Signals August 2026 (Issue 2)

<h2 id="series-legal-layer"><strong>Series: Legal Layer</strong></h2><p>Legal Layer is <a href="http://p2p.org/?ref=p2p.org">P2P.org</a>'s monthly regulatory intelligence series for custodians, ETF issuers, treasury teams, staking product managers, and validator risk committees navigating the intersection of institutional finance, proof-of-stake infrastructure, and on-chain capital markets. Each edition covers the regulatory developments, legislative updates, and policy signals that matter most for institutions building or evaluating staking and DeFi strategies.</p><p>Previously in the series: <a href="https://p2p.org/economy/legal-layer-institutional-staking-defi-regulatory-update-july-2026/">Legal Layer: Institutional Staking &amp; DeFi Regulatory Update — July 2026</a></p><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">🗞️</div><div class="kg-callout-text"><b><strong style="white-space: pre-wrap;">Subscribe to our newsletter</strong></b> at the bottom of this page to receive a monthly summary of the latest staking and DeFi regulatory developments, curated for institutional participants.</div></div><hr><h2 id="quick-learnings-for-busy-readers">Quick Learnings for Busy Readers</h2><p>Short on time? Here are the key takeaways. For the full analysis, continue reading below.</p><ul><li>Senate Majority Leader Thune filed cloture on the motion to proceed to the CLARITY Act on August 8, preserving the bill's floor eligibility but missing the pre-recess deadline. The Senate returns September 14 with a procedural vote scheduled for September 15. Galaxy Research cut its 2026 passage odds to 10% on August 14, the sharpest single downgrade since committee passage in May.</li><li>The OCC has confirmed it is targeting November 2026 for final GENIUS Act stablecoin rules, racing to publish before the January 18, 2027 statutory effective date. An OCC November final rule triggers the 120-day clock, meaning GENIUS Act obligations could take effect as early as March 2027.</li><li>Seven weeks after the July 1 MiCA deadline, Binance is still onboarding new EU clients across five member states, according to independent testing by Sandmark on August 19. Austria's FMA issued the first publicly disclosed MiCA penalty on August 14, fining Bitpanda €70,000 for whitepaper and marketing disclosure breaches.</li><li>South Korea's Shinhan Asset Management signed a four-party proof-of-concept MOU with the Solana Foundation, Etherfuse, and Orca on August 21 for a Korean won-denominated tokenized fund pilot, as Korea Exchange prepares to open its Novel Securities Market on November 16, ahead of the Token-Securities Act taking effect February 4, 2027.</li><li>The European Commission's targeted MiCA review consultation closed August 31, with responses feeding into two statutory reports that will define the scope of MiCA 2 coverage of DeFi, NFTs, and algorithmic stablecoins.</li></ul><h2 id="what-does-august-2026s-regulation-news-mean-for-institutions-building-staking-and-defi-programs">What does August 2026's regulation news mean for institutions building staking and DeFi programs?</h2><p>In the United States, the CLARITY Act survived its pre-recess deadline by the thinnest of procedural margins, with Galaxy Research cutting 2026 passage odds to 10% on August 14 amid ethics deadlock, banking opposition, and a narrowing Senate calendar that leaves only two to three weeks of usable floor time after the September 14 return. The GENIUS Act moves faster: the OCC is targeting November for final rules, compressing institutional preparation to months. In Europe, MiCA enforcement is revealing a gap between the rule and its application, with Binance still onboarding EU clients seven weeks past the deadline and the first publicly disclosed MiCA penalty only just issued. In Asia, South Korea is building institutional digital asset infrastructure at speed, with a Solana-based tokenized fund proof-of-concept from a $96 billion asset manager arriving alongside a November securities market launch. And across the EU, the MiCA review consultation that just closed will define whether DeFi and staking are brought into the next regulatory framework or left in the gap again.</p><h2 id="1-clarity-act-survives-pre-recess-on-procedural-thread-as-galaxy-research-cuts-odds-to-10">1. CLARITY Act Survives Pre-Recess on Procedural Thread as Galaxy Research Cuts Odds to 10%</h2><p>Senate Majority Leader John Thune filed cloture on the motion to proceed to the CLARITY Act on August 8 at 4:52 a.m. ET, after a marathon overnight session, preserving the bill's floor eligibility going into the August recess. The filing came too late for a pre-recess vote, and the Senate recessed on August 8. The Senate returns September 14 with a procedural vote on the motion to proceed scheduled for September 15. That vote requires 60 votes to overcome the filibuster and allow floor debate to begin. It is not a final passage vote.</p><p>Galaxy Research head of firmwide research Alex Thorn cut the firm's 2026 CLARITY Act passage estimate to 10% on August 14, down from 30% in late July and 75% after the May committee markup. Thorn cited ethics deadlock, community bank pressure over stablecoin yield provisions, and a Senate calendar that leaves only two to three weeks of usable floor time after the September 14 return. Prediction market Polymarket separately placed 2026 passage odds at approximately 16% during the same period. Outstanding disputes remain on four fronts: ethics provisions addressing government officials' ties to the crypto industry, illicit finance provisions under Section 604, stablecoin yield and rewards language, and how the Senate Agriculture Committee text gets reconciled with the Senate Banking Committee version.</p><p>Source: <a href="https://www.theblock.co/amp/post/409608/galaxy-says-clarity-act-now-needs-last-ditch-effort-cuts-passage-odds-30?ref=p2p.org">The Block</a>, <a href="https://www.coindesk.com/policy/2026/08/08/u-s-senate-opens-first-stage-of-crypto-clarity-act-voting-to-give-bill-a-chance-next-month?ref=p2p.org">CoinDesk</a>, <a href="https://cryptobriefing.com/clarity-act-passing-odds-drop-galaxy-research/?ref=p2p.org">CryptoBriefing</a>, August 2026.</p><h3 id="why-is-this-relevant-for-validators-and-the-staking-ecosystem">Why is this relevant for validators and the staking ecosystem?</h3><ul><li>The September 15 procedural vote is binary. If cloture fails to reach 60 votes, the CLARITY Act is effectively dead for 2026, leaving the legal classification of staking as a non-securities activity as reversible administrative guidance rather than statute through at least 2028.</li><li>Galaxy Research's 10% odds and Polymarket's 16% reflect the same arithmetic: 60 votes require at least seven Democratic crossovers, and only two Democrats voted for the bill in committee. The gap has not meaningfully closed through August.</li><li>Institutions that have built compliance timelines assuming 2026 passage must now treat a 2027 or later rulemaking scenario as the primary planning assumption, with the March 17 SEC-CFTC joint interpretation as the operative framework.</li></ul><h2 id="2-occ-targets-november-for-final-genius-act-rules-compressing-institutional-preparation-timeline">2. OCC Targets November for Final GENIUS Act Rules, Compressing Institutional Preparation Timeline</h2><p>OCC Comptroller Jonathan Gould told the Wyoming Blockchain Symposium that the OCC is targeting November 2026 for its final GENIUS Act stablecoin regulations, moving rapidly after receiving industry feedback on its 376-page proposed rule published in February. The GENIUS Act becomes effective on the earlier of January 18, 2027, or 120 days after the primary federal payment stablecoin regulators issue final implementing rules. If the OCC publishes final rules in November, the 120-day clock triggers, meaning GENIUS Act obligations could take effect as early as March 2027, four months ahead of the January statutory deadline.</p><p>The OCC's proposed rule covers permissible reserve assets, redemption at par, liquidity standards, risk management, audits, reporting, custody requirements, and orderly wind-down of failed issuers. Separate rulemaking addresses Bank Secrecy Act, AML, and OFAC sanctions requirements in coordination with the Treasury Department. The Federal Reserve has not yet issued its own proposed rule, one of several still outstanding across the six agencies required to act under the GENIUS Act.</p><p>Source: <a href="https://www.pymnts.com/legal/2026/occ-races-the-clock-to-finish-genius-act-stablecoin-rules/?ref=p2p.org">PYMNTS</a>, <a href="https://www.sullcrom.com/insights/memo/2026/March/OCC-Proposes-Regulations-Implement-GENIUS-Act?ref=p2p.org">Sullivan &amp; Cromwell</a>, August 2026.</p><h3 id="why-is-this-relevant-for-validators-and-the-staking-ecosystem-1">Why is this relevant for validators and the staking ecosystem?</h3><ul><li>An OCC November final rule triggering a March 2027 effective date compresses institutional preparation to four months rather than the full 18-month runway the January 2027 statutory deadline implied. Institutions that deferred GENIUS Act compliance planning should treat November as the operative planning deadline.</li><li>The OCC's custody standards for payment stablecoin reserves directly affect how bank-affiliated custodians structure staking arrangements where stablecoin reserves intersect with proof-of-stake validator infrastructure.</li><li>The no-yield prohibition on payment stablecoins, once final, structurally redirects institutional demand for on-chain returns toward staking yield as the primary compliant mechanism. The earlier the effective date, the sooner that demand shift materializes in the validator infrastructure market.</li></ul><h2 id="3-mica-enforcement-reveals-compliance-gap-as-binance-continues-eu-onboarding-seven-weeks-past-deadline">3. MiCA Enforcement Reveals Compliance Gap as Binance Continues EU Onboarding Seven Weeks Past Deadline</h2><p>Independent testing by Sandmark on August 19 found that Binance was still opening, verifying, and funding new accounts for EU customers using European identity documents across five member states, seven weeks after the July 1 MiCA enforcement deadline. Binance does not appear on ESMA's register of authorized MiCA CASPs as of August 20. The ESMA register lists 324 authorized firms as of August 2026, with Germany issuing the most licenses at 69, followed by France at 35 and the Netherlands at 29. Several member states, including Greece, Hungary, Poland, and Romania, have not issued a single MiCA license.</p><p>Austria's Financial Market Authority issued the first publicly disclosed MiCA penalty on August 14, fining Bitpanda GmbH €70,000 for whitepaper and marketing disclosure breaches. The FMA described it as the first MiCA penal order it has publicly disclosed, noting that the case concerns procedural and disclosure failures rather than custody of customer assets or AML deficiencies. Bitpanda holds a valid MiCA license from BaFin and Austria's FMA. The €70,000 fine sits far below the regulation's maximum penalties of €15 million or 3% of annual revenue, but the FMA explicitly framed the publication as a deterrence signal: MiCA has moved from licensing to enforcement.</p><p>Source: <a href="https://en.cryptonomist.ch/2026/08/21/binance-eu-compliance-mica/?ref=p2p.org">Cryptonomist</a>, <a href="https://www.coindesk.com/business/2026/08/17/bitpanda-fined-eur70-000-in-austria-s-first-published-mica-enforcement-case?ref=p2p.org">CoinDesk</a>, <a href="https://www.theblock.co/news/regulation/2026-08-17-austria-mica-penalty-bitpanda-411960?ref=p2p.org">The Block</a>, August 2026.</p><h3 id="why-is-this-relevant-for-validators-and-the-staking-ecosystem-2">Why is this relevant for validators and the staking ecosystem?</h3><ul><li>The seven-week enforcement gap between the MiCA deadline and the first publicly disclosed action confirms that MiCA enforcement is uneven across member states and slower than the regulation's drafters anticipated. This does not reduce compliance obligations for institutional staking and custody stacks.</li><li>The Bitpanda case covers disclosure failures rather than custody or AML breaches, but the FMA's explicit framing of the publication as a deterrence signal indicates that enforcement intensity will increase through Q4 2026 as NCAs complete their initial application reviews.</li><li>For institutional staking programs, the key compliance action remains verifying counterparty authorization against the ESMA CASP register directly, not inferring authorization from continued market activity.</li></ul><h2 id="4-south-koreas-shinhan-signs-solana-proof-of-concept-mou-as-november-securities-market-launch-approaches">4. South Korea's Shinhan Signs Solana Proof-of-Concept MOU as November Securities Market Launch Approaches</h2><p>South Korea's Shinhan Asset Management, which manages approximately 133.6 trillion won ($96.6 billion) in assets as of August 2026, signed a four-party memorandum of understanding with the Solana Foundation, Etherfuse, and Orca on August 21 for a proof-of-concept pilot of a Korean won-denominated tokenized fund. The MOU is non-binding and limited to offshore technical validation. The structure involves overseas institutional investors purchasing a won-denominated ultra-short-term bond fund managed by Shinhan, with the investment represented in tokenized form. Shinhan signed a parallel MOU with Plume, a competing tokenization-focused blockchain, on August 14, running two proof-of-concept pilots simultaneously to evaluate multiple proof-of-stake networks before committing to a production platform.</p><p>South Korea's tokenized securities framework, passed by the National Assembly in January 2026, takes effect in February 2027. Korea Exchange prepares to open its Novel Securities Market on November 16, 2026. South Korea's Serious Crimes Investigation Agency is scheduled to be established in October 2026, with a Joint Investigation Division for Virtual-Asset Crimes. Japan's Nomura-backed Laser Digital secured the country's first new crypto exchange license in four years in August, reflecting the parallel institutional regulatory buildout across Asia's two largest institutional capital markets.</p><p>Source: <a href="https://www.theblock.co/news/regulation/2026-08-21-south-korea-shinhan-partners-solana-412420?ref=p2p.org">The Block</a>, <a href="https://finance.biggo.com/news/4991f187-02e5-49b5-8d85-b6728d1f43f4?ref=p2p.org">BigGo Finance</a>, <a href="https://en.cryptonomist.ch/2026/08/23/asia-crypto-regulation-updates-2026/?ref=p2p.org">Cryptonomist</a>, August 2026.</p><h3 id="why-is-this-relevant-for-validators-and-the-staking-ecosystem-3">Why is this relevant for validators and the staking ecosystem?</h3><ul><li>Shinhan running parallel proof-of-concept pilots on both Solana and Plume confirms that South Korean institutional capital is actively evaluating multiple proof-of-stake settlement layers before committing to a production platform, creating a competitive dynamic for validator infrastructure providers across both networks.</li><li>The November 16 Korea Exchange Novel Securities Market launch and the February 4, 2027 Token-Securities Act effective date establish a defined institutional adoption timeline for one of the world's highest-volume crypto markets, creating a regulatory-framework-driven demand signal for validator infrastructure that is more durable than speculation-driven adoption.</li><li>Japan's first new crypto exchange license in four years alongside South Korea's institutional buildout confirms both major Asian institutional capital markets are simultaneously creating the regulated access infrastructure that will eventually channel institutional staking demand into the region.</li></ul><h2 id="5-eu-mica-review-consultation-closes-august-31-defining-the-scope-of-mica-2-coverage-of-defi-and-staking">5. EU MiCA Review Consultation Closes August 31, Defining the Scope of MiCA 2 Coverage of DeFi and Staking</h2><p>The European Commission's targeted consultation on the review of MiCA closed on August 31, 2026, with responses feeding into two statutory reports the Commission is required to prepare. The consultation, launched on May 20, invited participants to comment on whether MiCA remains appropriate for the evolving crypto economy, with regulators explicitly studying risks associated with DeFi and evaluating whether consumers understand crypto products under the current framework. ESMA has already signaled that the next framework iteration will address the gaps MiCA explicitly left open, including DeFi protocols, NFTs, and algorithmic stablecoins.</p><p>The consultation's closure does not trigger immediate legislative action. The Commission's reports will inform whether the European Parliament and Council initiate a formal MiCA revision process. The most significant DeFi-specific question the consultation addressed is whether non-custodial protocols and validator infrastructure should be treated as regulated entities or excluded software under a future framework, the same question the CLARITY Act's decentralization threshold test addresses in the U.S. context.</p><p>Source: <a href="https://www.lw.com/en/markets-in-crypto-assets-regulation-tracker?ref=p2p.org">Latham &amp; Watkins MiCA Tracker</a>, <a href="https://www.innreg.com/blog/mica-regulation-guide?ref=p2p.org">InnReg</a>, August 2026.</p><h3 id="why-is-this-relevant-for-validators-and-the-staking-ecosystem-4">Why is this relevant for validators and the staking ecosystem?</h3><ul><li>The MiCA review consultation's explicit focus on DeFi risks and staking business models means that the next iteration of EU crypto regulation will directly address the governance and operational standards for on-chain yield infrastructure, including validator operators whose infrastructure serves EU-regulated institutions.</li><li>The regulatory question at the center of the DeFi consultation, whether non-custodial protocols are regulated entities or excluded software, is identical to the decentralization threshold test in the CLARITY Act. How the EU resolves it will determine whether non-custodial staking infrastructure providers face registration requirements in the world's largest single regulatory jurisdiction.</li><li>Institutions building EU-facing staking programs should treat the MiCA review consultation as the beginning of a two- to three-year legislative process that will produce binding obligations. The positions submitted by industry participants before August 31 will shape how the Commission frames its reports.</li></ul><div class="kg-card kg-callout-card kg-callout-card-blue"><div class="kg-callout-emoji">🗞️</div><div class="kg-callout-text"><b><strong style="white-space: pre-wrap;">Subscribe to our newsletter</strong></b> at the bottom of this page to receive a monthly summary of the latest staking and DeFi regulatory developments, curated for institutional participants.</div></div><h2 id="frequently-asked-questions-faqs"><strong>Frequently Asked Questions (FAQs)</strong></h2><h3 id="what-does-the-september-15-clarity-act-procedural-vote-mean-for-institutions-with-active-staking-programs"><strong>What does the September 15 CLARITY Act procedural vote mean for institutions with active staking programs?</strong></h3><p>The September 15 vote is a cloture vote on the motion to proceed, not a final passage vote. It requires 60 votes to clear. If it passes, floor debate begins, and amendments addressing ethics, illicit finance, Agriculture Committee reconciliation, and stablecoin yield can be voted on individually before a final passage vote. If it fails, the CLARITY Act is effectively dead for 2026. Institutions with active staking programs are not directly affected either way, as the March 17 SEC-CFTC joint interpretation remains operative. What changes is whether that protection becomes durable statute or remains reversible guidance.</p><h3 id="what-does-the-occs-november-final-rule-target-mean-for-institutions-using-stablecoin-collateral-in-defi-vault-strategies"><strong>What does the OCC's November final rule target mean for institutions using stablecoin collateral in DeFi vault strategies?</strong></h3><p>If the OCC publishes final GENIUS Act rules in November, the 120-day clock triggers and compliance obligations could begin as early as March 2027. For institutions using stablecoin collateral in DeFi vault strategies, the no-yield prohibition takes effect on the same timeline, structurally redirecting demand toward yield-bearing alternatives including staking. Institutions should model the March 2027 scenario as the primary planning assumption rather than treating January 2027 as the operative deadline.</p><h3 id="what-does-binances-continued-eu-onboarding-after-the-mica-deadline-mean-for-institutional-counterparty-risk-assessment"><strong>What does Binance's continued EU onboarding after the MiCA deadline mean for institutional counterparty risk assessment?</strong></h3><p>Sandmark testing on August 19 confirms that MiCA enforcement is not uniform or immediate across member states. For institutional compliance purposes, this does not reduce the obligation to verify counterparty authorization status. A custodian or execution venue operating without MiCA authorization remains a compliance liability regardless of whether enforcement has been actively initiated against that specific firm. Compliance teams should verify authorization against the ESMA CASP register directly, not infer authorization from continued market activity.</p><h3 id="what-does-shinhans-solana-proof-of-concept-mou-mean-for-validator-infrastructure-demand-in-south-korea"><strong>What does Shinhan's Solana proof-of-concept MOU mean for validator infrastructure demand in South Korea?</strong></h3><p>The Shinhan MOU is a non-binding proof-of-concept, not a live product launch. Its significance is in the institutional validation it provides: a $96 billion asset manager is actively testing Solana validator infrastructure for tokenized fund distribution ahead of Korea's February 2027 securities framework. The parallel Plume MOU signals that Shinhan is evaluating multiple proof-of-stake networks before committing. For Solana validator operators, the South Korean institutional adoption timeline, anchored by the November 16 securities market launch and the February 2027 Token-Securities Act, creates a defined regulatory-framework-driven demand window.</p><h3 id="what-should-institutions-do-before-the-mica-review-consultation-reports-are-published"><strong>What should institutions do before the MiCA review consultation reports are published?</strong></h3><p>The consultation closed August 31, and the Commission's reports will take time to prepare before informing any legislative action. The immediate priority is ensuring compliance with the current MiCA framework, not preparing for MiCA 2. For institutions building DeFi vault strategies targeting EU clients, the most actionable step is documenting how their infrastructure would be classified under both the current MiCA framework and the decentralization-threshold approaches being evaluated in the consultation, creating a compliance analysis that can be updated as the review progresses.</p><hr><p><strong>About P2P.org</strong></p><p>Founded in 2018, P2P.org helps institutional capital protect Digital Asset Yield across non-custodial staking infrastructure and curated DeFi strategies. With over $10B in assets secured and operating on 35+ proof-of-stake networks, P2P.org maintains a zero slashing incident track record, is trusted by over 190 institutional clients and is SOC 2 Type II attested and ISO/IEC 27001:2022 certified. To explore how P2P.org can support your institution's staking or DeFi infrastructure needs, <a href="https://p2p.org/contact?ref=p2p.org">get in touch with our team</a>.</p><hr><p><strong>Disclaimer</strong></p><p>This material is provided for informational purposes only and does not constitute investment, financial, legal, or tax advice. <a href="http://p2p.org/?ref=p2p.org">P2P.org</a> accepts no liability for any actions taken based on it. Latency and performance figures referenced are estimates based on internal benchmarks and may vary depending on network conditions, geography, and client infrastructure. Past performance is not indicative of future results.</p>

<p><strong>At a glance:</strong></p><p>• TRX staking is now live directly inside Trezor, through a collaboration with P2P.org<br>• Native Staking is available at launch - the standard TRX staking model<br>• Fully non-custodial: assets never leave the Trezor device, and staking runs through P2P.org's infrastructure as a TRON Super Representative</p><p>TRX staking is now live on Trezor, with staking infrastructure for this integration provided by P2P.org. No third-party bridge, no new account, no giving up custody of your keys. The integration launches with Native Staking, which works the way staking has always worked.</p><p><strong>About Trezor</strong></p><p>Trezor is a hardware wallet brand built by SatoshiLabs, a Czech company that shipped the first commercial hardware wallet for crypto in 2014. Trezor devices store private keys offline on the device itself, so funds can be managed without the keys ever touching an internet-connected computer or phone. Trezor hardware wallets have 100% open-source code &amp; design, meaning the code is publicly auditable rather than closed. Trezor's current device lineup includes the Safe 3, Safe 5, and Safe 7 models, and Trezor Suite is used to manage, send, receive, and now stake a wide range of crypto assets. Millions of Trezor devices have shipped since the company's founding, and it remains one of the reference points people compare against when evaluating self-custody hardware.</p><p><strong>Native Staking</strong></p><p>This is staking in its most familiar form. Stake your TRX, help secure the TRON network, and be eligible for network rewards, which are variable, protocol-determined, and not guaranteed by P2P.org. If you've staked on any other chain, the mechanics will be familiar. It's a straightforward entry point for anyone who wants low-friction exposure to network rewards without engaging further with network mechanics.</p><p><strong>Why this integration, and why now</strong></p><p>Trezor has spent over a decade building tools for self-custody, hardware that millions of people use to hold their keys and maintain control of their assets. Meanwhile, P2P.org has spent the last 8 years building non-custodial staking infrastructure, including operating as a Super Representative on TRON, a high-throughput proof-of-stake network.</p><p>Those two things fit together directly. For TRX, Trezor users get access to validator-level staking infrastructure they don't have to vet or build themselves. P2P.org gets to bring that infrastructure to a self-custody audience at a scale it would not reach independently.</p><p><strong>What's live at launch</strong></p><p>Native Staking is available directly inside the Trezor interface at launch, through the Earn tab: stake, track, and unstake without your keys ever leaving your device. Staking involves choosing a Super Representative to vote for - P2P.org is one of the available options - and there are no wrapped tokens or intermediary custody steps; delegation happens directly on-chain.&nbsp;</p><p><strong>How-to guide:&nbsp;</strong></p><ul><li>Stake your TRX on desktop</li><li>Staking takes two transactions: freezing your TRX, then voting for a representative. You confirm each one on your Trezor.</li></ul><p><strong>1. Open the Earn tab</strong></p><p>In Trezor Suite, open the Earn tab. Find your Tron account in the staking list and click Stake now.</p><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-b3ca8b36-ba77-44fa-ac56-d0d633100fa3.png" class="kg-image" alt="Trezor Suite Earn page lists Tron staking at 3.26% APR with a Stake now button" loading="lazy" width="2000" height="1175" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-b3ca8b36-ba77-44fa-ac56-d0d633100fa3.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-b3ca8b36-ba77-44fa-ac56-d0d633100fa3.png 1000w, https://p2p.org/economy/content/images/size/w1600/2026/08/data-src-image-b3ca8b36-ba77-44fa-ac56-d0d633100fa3.png 1600w, https://p2p.org/economy/content/images/2026/08/data-src-image-b3ca8b36-ba77-44fa-ac56-d0d633100fa3.png 2048w" sizes="(min-width: 720px) 720px"></figure><p><strong>2. Freeze your funds</strong></p><ul><li>Enter the amount of TRX you want to stake. Choose the resource you want to earn, bandwidth or energy, then click Continue.</li><li>Bandwidth comes with a small free daily allowance; energy doesn't. If you regularly send tokens like USDT, stake for energy to keep those transfers cheap.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-b0dff405-7c37-4159-9237-ebc90a9a0e81.png" class="kg-image" alt="Trezor Suite stake form enters 200 TRX and selects energy as the resource to earn" loading="lazy" width="2000" height="1411" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-b0dff405-7c37-4159-9237-ebc90a9a0e81.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-b0dff405-7c37-4159-9237-ebc90a9a0e81.png 1000w, https://p2p.org/economy/content/images/size/w1600/2026/08/data-src-image-b0dff405-7c37-4159-9237-ebc90a9a0e81.png 1600w, https://p2p.org/economy/content/images/2026/08/data-src-image-b0dff405-7c37-4159-9237-ebc90a9a0e81.png 2002w" sizes="(min-width: 720px) 720px"></figure><p><strong>3. Confirm the freeze on your Trezor</strong></p><ul><li>Check the amount and resource on your Trezor and confirm.&nbsp;</li><li>Then click Freeze in Trezor Suite to broadcast the transaction.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-e4675929-d8f7-4c1c-a48c-192c2ea8c05c.png" class="kg-image" alt="Trezor confirmation shows freezing 200 TRX for energy on the Tron account" loading="lazy" width="1122" height="1046" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-e4675929-d8f7-4c1c-a48c-192c2ea8c05c.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-e4675929-d8f7-4c1c-a48c-192c2ea8c05c.png 1000w, https://p2p.org/economy/content/images/2026/08/data-src-image-e4675929-d8f7-4c1c-a48c-192c2ea8c05c.png 1122w" sizes="(min-width: 720px) 720px"></figure><p><strong>4. Choose P2P.org</strong></p><ul><li>Open the <strong>Select representative</strong> drop-down and pick a Super Representative (P2P.org). &nbsp;</li><li>Then click Continue.</li><li>The APR is dynamic. It varies by representative and changes with network conditions.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-08511a80-fa31-43c8-9a2b-af8437d45bfd.png" class="kg-image" alt="" loading="lazy" width="1454" height="1082" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-08511a80-fa31-43c8-9a2b-af8437d45bfd.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-08511a80-fa31-43c8-9a2b-af8437d45bfd.png 1000w, https://p2p.org/economy/content/images/2026/08/data-src-image-08511a80-fa31-43c8-9a2b-af8437d45bfd.png 1454w" sizes="(min-width: 720px) 720px"></figure><p><strong>5. Acknowledge the representative's terms</strong></p><ul><li>Read the representative's Terms of Service, tick the box to acknowledge them, then click Confirm.</li><li>Your staked TRX never leaves your account or goes to the representative.&nbsp;</li><li>Only your future rewards depend on the representative staying reliable.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-e396df52-ce67-452b-9f1f-bc65d8e14b38.png" class="kg-image" alt="" loading="lazy" width="2000" height="1138" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-e396df52-ce67-452b-9f1f-bc65d8e14b38.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-e396df52-ce67-452b-9f1f-bc65d8e14b38.png 1000w, https://p2p.org/economy/content/images/size/w1600/2026/08/data-src-image-e396df52-ce67-452b-9f1f-bc65d8e14b38.png 1600w, https://p2p.org/economy/content/images/2026/08/data-src-image-e396df52-ce67-452b-9f1f-bc65d8e14b38.png 2048w" sizes="(min-width: 720px) 720px"></figure><p><strong>6. Confirm the vote on your Trezor</strong></p><ul><li>Check the representative address and the number of votes on your Trezor and confirm.&nbsp;</li><li>Then click Vote in Trezor Suite.</li></ul><figure class="kg-card kg-image-card"><img src="https://p2p.org/economy/content/images/2026/08/data-src-image-e07ec994-18cc-4064-bd61-2afd35dfc0dc.png" class="kg-image" alt="Trezor confirmation summarizes 200 votes delegated to a Tron representative address" loading="lazy" width="2000" height="1175" srcset="https://p2p.org/economy/content/images/size/w600/2026/08/data-src-image-e07ec994-18cc-4064-bd61-2afd35dfc0dc.png 600w, https://p2p.org/economy/content/images/size/w1000/2026/08/data-src-image-e07ec994-18cc-4064-bd61-2afd35dfc0dc.png 1000w, https://p2p.org/economy/content/images/size/w1600/2026/08/data-src-image-e07ec994-18cc-4064-bd61-2afd35dfc0dc.png 1600w, https://p2p.org/economy/content/images/2026/08/data-src-image-e07ec994-18cc-4064-bd61-2afd35dfc0dc.png 2048w" sizes="(min-width: 720px) 720px"></figure><p><strong>7. Staking complete</strong></p><ul><li>You'll see the stake complete screen with your APR, the resource you earned, and the amount staked.&nbsp;</li><li>Click <strong>Back to overview</strong> to return to the Staking tab, where you can stake more, vote again, or unstake.</li></ul><p>Find the official Staking Tron (TRX) in Trezor Suite guide<a href="https://trezor.io/guides/sending-receiving-staking-funds/staking-assets-in-trezor-suite/staking-tron-trx-in-trezor-suite?ref=p2p.org"><u> here.</u></a>&nbsp;</p><p><strong>FAQ</strong></p><p><strong>Does staking through Trezor mean giving up custody of my TRX?</strong></p><p>No. The integration is non-custodial throughout. Your TRX stays under your control via your Trezor device at every step, including staking, reward accrual, and unstaking.</p><p><strong>Is P2P.org the only staking provider available on Trezor?</strong></p><p>No. Trezor works with multiple staking providers. This integration is one way to stake TRX on Trezor, with P2P.org operating the underlying infrastructure as a TRON Super Representative.</p><p>Want the technical or business details behind the integration? Get in touch with the P2P.org team.</p><p><strong>Disclaimer</strong></p><p><em>This material does not constitute advice. We accept no liability for any actions taken based on it. Please assess your objectives, experience, and risk tolerance, and seek full information before making any decisions. Staking rewards are variable, protocol-issued, and not guaranteed. P2P.org operates as a non-custodial infrastructure provider; users retain control of their assets at all times. P2P.org is not affiliated with or endorsed by any of the third-party institutions named herein.</em></p>