Today, we've given you specific information on an extremely productive blockchain opportunity. The name of the project is "Sun." It's managed by the SUN group. This SUN project is a kind of grand experiment and a core component of TRON DeFi. Now let's see how it functions and how it's going to impact the blockchain business.
What is 😎SUN?
SUN token is a social project devoted to the creation of the DeFi ecosystem of TRON. Crafted as the par excellence Bitcoin equivalent on TRON, SUN incorporates zero VC investment, zero PE investment, no pre-mining or team reserve, and is entirely run by the group through its open-source blockchain technology. SUN is a crypto asset originating in TRC20 with an overall capacity of 19900730.
We have to claim that this SUN is a really imaginative endeavour. This is a crypto-asset based on the TRC20 / TRON blockchain. And the allocation of SUN tokens is 100% decentralized and focused on mining. You can use TRX and mine SUN token.
How much is the overall availability of Tokens?
The total amount is 19,900,730 SUN tokens
What is the significance of the SUN token?
When we understand their robust concept, we see no explicit application or benefit. However, the participants who own the SUN token would have the ability to partake in community governance. Although as you think of it, the rival of TRX is ETH. We see the aim of this sun project as showcasing the benefits of the TRX blockchain over the ethereum blockchain.
Here, we need to emphasize on the phases of the SUN project:
The first goal of the first phase is to enforce a smart contract. This process is for Genesis mining, and the TRX tokens concerned can not be untaken in this step.
In the regular mining period, the TRX can be undone whenever you need it, and the incentives for staking will be offered when you untaken the TRX.
The third phase is the docking of ecosystems. Defi ventures in the environment of TRX would be targeted.
Step 4 is the last phase of the SUN project. People who hold SUN tokens have the authority to govern the ecosystem. When you get more SUN coins, you have more control over governance.
What's the future of 😎SUN?
As we described earlier, the concept is based on community governance. The sustainability of SUN projects lies in the hands of the SUN community. The future is decided by the community. Simply, the people who keep the SUN token and the people who mine the SUN token would determine it all.
For More Details of SUN Project:
Website: https://sun.io/#/sun
Whitepaper: https://sun.io/docs/sun_whitepaper_en.pdf
Twitter: https://twitter.com/defi_sunio
Telegram: https://t.me/SunMarket_Defi
Article by Anton De Mel ( Telegram: @antondemel99 )
Special Thanks for @steemitblog giving Chance for Review SUN
Posted My Twitter: https://twitter.com/cryptocourses/status/1310106180837142530
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Was a informative read ! Thanks for sharing
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Great Review
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