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What is SUN?
SUN is a social experiment that aims to explore the DeFi potential of TRON. It is created as the TRON network's equivalent of Bitcoin, with no VC investments, no PE investments, no pre-mining or reserves for the team. Instead, SUN is completely managed by the community through its open-source smart contracts.
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What Is SUN token (SUN)?
The SUN.io platform is TRON's first one-stop platform that supports stablecoin swap, token mining, and self-governance. After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform (similar to the CRV token of Curve DAO and the EPS token of Ellipsis), will grant token holders various rights and benefits such as voting and governance rights in the community, value capture, staking rewards, etc.
How Many SUN Coins Are There in Circulation?
To accommodate the requirements of the SUN project and infrastructure upgrade, starting from May 26, 2021 (SGT), SUN will implement a token redenomination and platform upgrade plan. While maintaining its current market cap, the old SUN tokens will be redenominated and swapped with the new SUN tokens at a ratio of 1:1000. After the redenomination, SUN.io will undergo a significant upgrade and introduce a new service - decentralized stablecoin swap. The SUN platform will be upgraded into TRON's first one-stop platform that supports stablecoin swap, token mining, and self-governance. After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform (similar to the CRV token of Curve DAO and the EPS token of Ellipsis), will grant token holders various rights and benefits such as voting and governance rights in the community, value capture, staking rewards, etc.
The SUN redenomination plan aims to lower the entry barrier of holding SUN tokens and facilitate the growth of the SUN ecosystem. The total supply of SUN tokens will be increased from 19,900,730 to 19,900,730,000 at a ratio of 1:1000, while the market cap of SUN remains unchanged.
Where Can I Buy SUN (SUN)?
SUN is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.
Binance offers the largest number of pairs as of June 2021, while Huobi Global also offers Bitcoin (BTC), Ethereum (ETH), and Tether (USDT) options.
New to cryptocurrency? Read BYDFis easy guide to buying Bitcoin or any other token.
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Popular Q&A
- Can you provide an analysis of the price trend for SUN token in the month of April? I'm interested in understanding how the token's value has fluctuated during this period and any potential factors that may have influenced its price movement.2021-11-24
- What factors may influence the future price potential of Sun Coin and what are the predictions for its price?2021-11-24
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