Crypto academy week 15 | Homework post for @sapwood

Q1- How do I connect my TronLink Wallet to Sun.io?

Steps to connect TronLink wallet to Sun.io

• Go to tron wallet and Click on discover

• Now search for sun.IO and click on it

• now click on three horizontal lines

• there you can see your tron wallet address this means your wallet has been automatically connected with sun.io

Two seed total types of liquid people in Sun.IO

• Go to sun.IO

• Click on century mining

• Under the section of liberty mining you can see all available liquidity mining pools

Now you can see the highest APY is offered by sunold that is 36.16%.

The reward police taking tokens is given in five different types of points and the coins are following

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Q3- How do I obtain LP Token by adding liquidity in Justswap? What is the quantity(Explore through your wallet/Tronscan)?

1. Open your tron wallet, Go to discover and then click on justswap

2. Click on pool and click on add liquidity

3. Enter your amount and want to liquidity. For example I have entered 1USD and 13.5 9TRX

4. Now you will be shown all the information regarding this transaction for example how much LP token you will get and how much TRX and USDT you are adding to liquidity pool

5. Now it will ask for your confirmation. to confirm this transaction enter your password

6. When you will enter password your transaction will be confirmed by the ledger and your asset will be added to your liquid pool.

7. To make sure that your site has been added to liquidity pool you can see the same on the top of the page.

Quantity: 16.67

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Q4- How do I stake LP Token to earn five different tokens on Sun.io?

Steps to stake LP token on sun.io.

1. Open your tron wallet, Go to discover and then click on Sun.io

2. Click on century mining, Select any mining pool and click on select

3. Then Go to stake

4. Enter the amount To be stake. Then click on stake.

5. Now click on confirm, Enter your password and complete the transaction.

6. Successfully done.

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Q5- Which reward(out of five different rewards) can be withdrawn at any time?

The Rewards can be withdrawn at anytime is sun. But only 33% of the sun rewards can be withdrawn at any time. And the rest of the sun rewards can be withdrawn.
With the other rewards Weakly for a period of 24 weeks.

How to claim that

1. Open your tron wallet, Go to discover and then click on Sun.io

2. Click on century mining, Select that mining pool you have staked LP token and than click on manage button.

3. Select claim

4. Sun is available to claim so simply click on claim

5. Now click on confirm, Enter your password and complete the transaction.

6. Sun rewards successfully claimed

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Q6- What is the schedule of unlocking the mining rewards? Indicate the total undistributed/distributed mining rewards in the screenshot?

33% of the total Sun reward can be claim at any time but remaining 67% of the total Sun reward and other unclaimed Reward can only be claimed every week for a period of 24 weeks. That is the schedule of unlocking the mining rewards.

The reward comes under the distributed rewards is 33% sun while **TRX, JST, BTT, WIN, BTCST, SUN (67%) come under undistributed mining rewards.

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Q7- Include the real example of your interaction with Justswap and Sun.io as required in this task? Indicate how a "stake"(in Sun.io) function consumes different "Energy & Bandwidth" than "obtaining LP token" (in Justswap)? You should add/remove a small amount of liquidity to obtain/redeem your LP token(as little as 1 USDT worth)?

Interaction with Justswap

Interaction with Sun.IO

resource	sun.io	justswap
Action	staking	obtaining LP token
Bandwidth	313 Bandwidth	383 Bandwidth
Energy	89,516 Energy	60,902 Energy
TRX burned to accommodate the required Energy	12.5321 TRX	8.52614 TRX

As you can see consumption of bandwidth on justswap is 383 and consumption of Energy is 60902. And this Energy is obtained by burning 8.5 2TRX.

On the other hand consumption of Bandwidth on sun.io is 313 and consumed energy is 89,516 and for this 12.2 TRX are burned

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Q8- How do I unstake LP token and claim mining rewards(Sun.io)?

1. Open your tron wallet, Go to discover and then click on Sun.io

2. Click on century mining, Select that mining pool you have staked LP token and than click on manage button.

3. Select claim

4. Now enter the amount. Clicked on max if You want to unstaked your 100% LP Token

5. Click on claim and unstake

6. Now click on confirm, Enter your password and complete the transaction.

7. Now your LP token successfully unstaked.