Sow SUN - DeFi Matters on TRON!

What is DeFi?

DeFi - Decentralized Finance, a place which could offer a fair and public finance services to any people or organizations, and no single authority could control it. With the blockchain technology, which involves digital asset, financial smart contracts, protocols and decentralized applications, had made such a Utopia possible. Right now, after the ICO (Initial Coin Offering) bloom in 2017, it's said to be another DeFi bloom which could potential bring the blockchain industry into a whole new level.

DeFi on TRON

TRON is catching up with the DeFi trend closely these days. It is by far the only public chain other than Ethereum where you could enjoy the real power of DeFi, not to mention TRON is much faster, cheaper, and easier to use than Ethereum. There are already DeFi projects like JustSwap, JustStable, JustWrapper, etc. More and more DeFi projects are expected to be coming out at TRON.

What is SUN?

SUN is a social experiment on TRON DeFi ecosystem. It correlates with all other DeFi projects on TRON. There is no pre-mined, no reserves for the team, no venture capital (VC) or private investments. SUN could only be mined! SUN's vision is to demonstrate how a long lasting, decentralized and a total community self-governance could work. Total SUN supply is 19,900,730, which implies the founder of TRON, Justin Sun's birthday: 1990-07-30.

Why does SUN matters?

SUN is by far the only project on TRON which connects all DeFi projects with each other. Like the solar system, SUN is at the center of all defi projects, and all DeFi projects are orbiting around the SUN.

SUN isn't small at all. It's by far the largest DeFi project on TRON in terms of locked asset, and it's still growing from its baby stage. Sadly though, DeFiPulse isn't showing any DeFi project figures other than Ethereum public chain, otherwise SUN could be ranked at Top 10.

How to mine SUN?

You are able to mine SUN by joining in either one of the below mining pool. There will be more and more ways to mine SUN.

We could categorise the mining methods into two:

1. Stake tokens, e.g. TRX and HT
2. Provide Liquidity at JustSwap and then stake LP (Liquidity Proof) token, e.g. SUN/TRX LP, JST/TRX LP

Every mining pool is periodic, often in 2-week process. At the moment, there are no long lasting mining pool. The mining pool collections will be updated from time to time. On the upside, it keeps people's attention to the platform.

Also, there is weighting mechanism where participating in certain mining pools, e.g. SUN/TRX LP Pool, could generate a higher yield than others. You may refer to the APY figures. The higher the APY, the more SUN you could mine with the same value of assets.

Is it too late to join the SUN mining?

It's never too late to say so! Only less than 20% of SUN are mined right now. SUN is still having a long journey to go. Shall we all take part in this revolution and make TRON great again!

#SowSUN #SUN #TRON #DeFi