Dear users:
The SUN.io platform launched four new stablecoin mining pools - 2Pool LP (TUSD + USDT), USDD Pool LP (USDD + 2Pool), USDJ Pool LP (USDJ + 2Pool), and USDC Pool LP (USDC + 2Pool) on April 21, 2023 (Singapore Time). The four stablecoin pools will start mining on April 21, 2023 at 20:00:00 (Singapore time) and will support Two-Token rewards. Meanwhile, the new mining pools' governance rewards and project token rewards will be distributed in the over-collateralized decentralized stablecoin USDD. Compared to the traditional Two-Token rewards, USDD, as an over-collateralized decentralized stablecoin, will improve the stability of user rewards, effectively avoiding the impact of coin price fluctuations.
Details of the new four stablecoin mining pools are as follows:
Pool Name | Reward Token 1 | Reward Token 2 |
2Pool LP | USDD | USDD |
USDD Pool LP | USDD | USDD |
USDJ Pool LP | USDD | USDD |
USDC Pool LP | USDD | USDD |
In the Two-Token reward mechanism, the governance mining reward’s APY is determined by the voting weight of the liquidity mining pool. Users can get veSUN and vote for their own invested pools to get more rewards. The project token reward’s APY will be periodically adjusted, and users can check the latest APYs on the Farm page.
The SUN.io platform will continue to increase its policy preference and financial support for new stablecoin mining pools to bring users a better experience and higher rewards. At the same time, SUN.io encourages users to obtain higher rewards by participating in USDD-related mining activities using the USDD earned through mining. We welcome all the communities to actively participate.
Thank you for supporting SUN.io!
SUN.io Team
Apr 21, 2023