Sun [New]

SUN.io is TRON's pioneering all-in-one platform designed to facilitate stablecoin swaps, token mining, and community-driven self-governance. With the introduction of the new SUN token following its redenomination, this token serves as a versatile governance instrument on the SUN platform, akin to Curve DAO's CRV token or the EPS token on Ellipsis. Holders of the SUN token gain multiple benefits, including voting and governance privileges within the community, opportunities for value capture, staking incentives, and more.

To meet the demands of the SUN project and support infrastructure updates, a token redenomination and platform enhancement were initiated on May 26, 2021 (SGT). This involves exchanging old SUN tokens for new SUN tokens at a 1:1000 ratio, while preserving the existing market cap. Following this process, SUN.io will undergo a substantial transformation, introducing decentralized stablecoin swaps, becoming TRON's first comprehensive platform for stablecoin exchanges, token mining, and self-governance. The updated SUN token serves as a multifunctional governance token, providing holders with community voting rights, value capture, staking rewards, and more.

The redenomination strategy is designed to make acquiring SUN tokens more accessible, fostering the expansion of the SUN ecosystem. Consequently, the total supply of SUN tokens will rise from 19,900,730 to 19,900,730,000, maintaining the market cap at its current level.

SUN tokens can be traded on an increasing number of exchanges, supporting both cryptocurrency and stablecoin pairs.

As of June 2021, Binance provides the widest variety of trading pairs, while Huobi Global also offers options for Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

Are you new to cryptocurrency?