In today’s blockchain world, decentralized finance (DeFi) is developing at an alarming rate, and SUN.io, as the first decentralized autonomous platform in the TRON ecosystem, is undoubtedly a leader in this trend. SUN.io not only integrates stablecoins and comprehensive token transactions, but also supports liquidity mining, aiming to provide users with better token exchange rates and mining rewards.
SUN.io core features
Decentralized autonomous governance: SUN.io fully supports the introduction of SUN DAO on July 31, 2024 (Singapore time), achieving complete decentralized autonomous management. This move enables users to participate in platform governance, enhancing transparency and community engagement. The main purpose of SUN DAO is to promote consensus among all participants in the SUN.io ecosystem and allow community users to have a greater voice through the governance mechanism.
The governance role of SUN tokens: SUN tokens serve as the governance tokens of the platform, and holders can obtain voting rights by locking SUN tokens. These voting rights can not only be used for proposals, voting and decision-making, but also determine the weight of liquidity pool mining. This design allows every user to play an important role in the future development of SUN.io.
SunSwap V3: Improve capital efficiency
On June 28, 2023, SUN.io launched SunSwap V3, which significantly improves capital efficiency through aggregated liquidity technology. Users can select token pairs, fee levels, and price ranges to add liquidity. Transaction fees are allocated based on the user's position ratio within the selected range.
Centralized liquidity model: SunSwap V3 adopts a centralized liquidity model based on constant products, which allows individual liquidity providers (LPs) to more finely control the price range of their capital. These positions are aggregated into a single pool, creating a composite curve for user trades.
Diverse handling fee options
SunSwap V3 provides users with four different fee level options and supports the creation of trading pools for tokens with different risk profiles. This design not only enhances user flexibility, but also improves overall transaction efficiency.
Stablecoin exchange pool: The stablecoin exchange pool launched by SUN.io supports exchange between USDD, USDT, USDJ, USDC and TUSD. Compared with other exchange platforms, SUN.io’s stablecoin exchange pool has the following advantages:
Lower handling fees: Each transaction only has a handling fee of 0.04%, which greatly reduces user costs.
Lower transaction slippage: users can obtain more tokens when exchanging large amounts of tokens.
Lower impermanent losses: Significantly reduces the financial losses incurred by liquidity providers due to price fluctuations.
In the future, SUN.io will launch more stablecoin exchange pools and is committed to becoming the preferred stablecoin exchange platform for all users.
Token mining function
SUN.io also launched a new token mining feature. By providing liquidity to SUN.io’s exchange pool, users can earn Liquidity Provider (LP) tokens, which can be staked. The specific mining rate will be calculated based on the number of LP tokens pledged by the user and the number of veSUN tokens held, allowing users to obtain corresponding mining rewards.
Calculation of mining rewards: After staking LP tokens, users will receive corresponding mining rewards based on the number of veSUN tokens they hold. This mechanism not only incentivizes users to participate in liquidity provision, but also promotes the healthy development of the entire ecosystem.
Summarize
As an important part of the TRON ecosystem, SUN.io provides users with a more efficient token exchange and liquidity mining experience through the design of its decentralized autonomous platform. With the introduction of SUN DAO, community users are able to play a greater role in governance, further promoting the development and transparency of the platform.
In the future, SUN.io will continue to be committed to innovating and improving its functions, providing users with better services, and becoming a leader in the field of decentralized finance. With the launch of more stablecoin exchange pools and mining functions, SUN.io is sure to occupy its place in the blockchain world and become the platform of choice for users.