The SUN platform is TRON's first one-stop platform that supports stablecoin swap, token mining and self-governance, providing TRON community members with better stablecoin swapping prices and more diverse mining channels. Phase 2 of the Governance Mining (V2) will go live on September 15, 2021 (SGT), which allows users to lock SUN for veSUN and enjoy multiple rewards.
Stablecoin Swap
The Old 3pool and USDC stablecoin swap pools launched by SUN support the swap between USDT, USDJ, USDC, and TUSD. On top of greater efficiency and security, the swap pools on SUN also feature the following advantages compared with other swap platforms:
- Lower handling fee (only 0.04% for each transaction), greatly reducing the cost for users;
- Lower transaction slippage. Users will be able to receive more tokens when swapping a large sum of tokens.
- Lower impermanent loss, which remarkably reduces the financial losses caused by price volatility for liquidity providers;
Going forward, SUN will launch more stablecoin swap pools to build itself into the go-to stablecoin swap platform for all users.
Token Mining
SUN platform has launched a brand-new token mining feature, which is as specified below:
- By providing liquidity for swap pools on the SUN platform, users can receive LP tokens, which can then be staked. The exact boosted mining rate will be calculated based on the number of LP tokens staked and the number of veSUN tokens held by users. Users will be able to receive mining rewards which will be distributed in SUN tokens at a faster speed.
- In the meantime, users can receive veSUN by locking SUN. Users can also receive 50% handling fee from the stablecoin swap pool according to the number of veSUN snapshotted.
Community Self-governance
As the governance token for the platform, SUN grants community users the rights to raise proposals and vote with SUN to decide on important matters. Users can lock their SUN for votes and decide the weight of a liquidity mining pool by voting.
Airdrop Plan
To honor the cooperation with Curve Finance, SUN grants veCRV holders rights to the SUN platform and will airdrop SUN tokens to veCRV holders.
2024 Plan
In 2024, the SUN platform will continue to make efforts based on safety, constantly upgrade and optimize the platform functions, strengthen the platform risk management and control, and continue to empower the SUN token and the SUN platform itself.
2024 Q1:
SunSwap V3 Optimization Upgrade
UI Revamp with Optimization and Improvement
2024 Q2:
Improve the token listing review process, introduce more quality projects, and keep the ecology active and open
Upgrade of Security and Risk Control
2024 Q3:
Optimize User Position-monitoring Function
2024 Q4:
Brand Integration. The integration and unification of the brands of SunSwap and SUN.io platforms promotes the upgrading of the entire SUN Ecosystem
Meanwhile, the SUN platform will also continue to launch new trading pair pools and mining pools, give full play to the SUN governance function, and give users staking rewards and governance rewards. The SUN platform also encourages users to participate in governance, and issue governance mining rewards according to the voting proportion of the mining pool. Also the SUN platform will continue to buyback and burn SUN tokens, for all SUN holders to enjoy the value enhancement brought by SUN burning.
As the SUN platform continues to upgrade, it is set to become a hit on the TRON blockchain and attract more community users and developers to create a booming TRON ecosystem.