Market Data & Token Stats
| Fully Diluted Valuation | $371.48M |
|---|---|
| 24H Trading Volume | $73.02M |
| 24H Low / High | $0.01866 / $0.01895 |
| Circulating Supply | 19.23B |
| Total Supply | 19.90B |
| Max Supply | 19.90B |
Key Project Information
| Categories | Decentralized Finance (DeFi) 2 more |
|---|---|
| Founder | Anonymous |
| Website | sun.io Whitepaper |
| Socials | |
| Chains | Tron Ecosystem |
| Explorer | Tronscan 1 more |
| Contracts |
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OGAudit Security Evaluation & Social Audit Metrics
OGAudit Coin Evaluation Metrics
Sun Token (sun) Expert User Reviews
Is Sun Token safe or a scam? Read verified Crypto OG reviews about Sun Token
$sun Markets
| Name | Pair | OG Score |
|---|
About Sun Token
SUN.io and Sun Token (SUN)
SUN.io stands as TRON's pioneering all-in-one platform, boasting support for stablecoin swapping, token mining and self-governance. Following a redenomination, the new SUN token emerges as a versatile governance token within the SUN platform, akin to Curve DAO's CRV token and Ellipsis' EPS token. SUN token holders enjoy various rights and benefits, such as community voting and governance rights, value capture, staking rewards and more.
The Purpose and Focus of SUN.io
SUN.io was conceived to extend TRON's DeFi ecosystem to a broader audience, serving as a social experiment. The platform primarily concentrates on developing a DEX platform that harnesses multiple transaction protocols. It facilitates on-chain token swaps, liquidity mining, stablecoin swaps and features a DAO. SunSwap, the platform's DEX, was established in 2020.
Key Features of SUN.io and Sun Token (SUN)
SUN.io's centerpiece is SunSwap, which acts as an exchange protocol for TRC20 standard tokens. SunSwap operates on an AMM (Automated Market Maker) model, differing from traditional financial exchanges that rely on an order book. Instead, it employs a constant-product mathematical formula to determine asset prices, ensuring automatic transactions and sustained trading pair liquidity.
The smart contract maintains a constant function with the formula: x*y=k, where x represents token1, y represents token2 and k is a constant number. When users perform a swap, they replace some tokens with a specified number of the other token in a given pool. As k remains unchanged, the token balances are adjusted accordingly, leading to price changes. All trading fees collected are distributed among liquidity providers.
Users have the ability to create their own trading pair pool, with one of the tokens being TRX. They are rewarded for engaging with the protocol through staking and providing liquidity. SUN holders also have governance privileges, enabling them to propose and vote on SUN.io's developments.
The Founding of Sun Token
Sun Token was founded by an anonymous team in 2020, marking the inception of its journey within the TRON ecosystem. As a native cryptocurrency of the SUN.io platform, SUN plays a pivotal role in governance, liquidity provider rewards, as well as buyback and burn rewards. It operates on TRON's TRC-20 standard, ensuring seamless integration within the TRON network.
What is unique about Sun Token (SUN)?
Sun Token (SUN) stands out for its multifunctional governance token status within the SUN platform, offering various rights and benefits like voting and governance, value capture and staking rewards, similar to CRV of Curve DAO and EPS of Ellipsis.
Who are the founders of Sun Token (SUN)?
Sun Token (SUN) was founded by an anonymous team in 2020, laying the foundation for its role as a native cryptocurrency within the TRON ecosystem.
Where can I buy Sun Token (SUN)?
You can buy Sun Token (SUN) on Binance, Bybit, Gate.io, MEXCBitget cryptocurrency exchanges.
Information in this section carefully collected and curated from publicly available data from official sources, including the Sun Token Official Website, Sun Token Whitepaper and Sun Token X (Twitter) Account.
The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.
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