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About Sun (New)
-
Token Redenomination:
1 old SUN token = 1000 new SUN tokens -
Total Supply:
19,900,730 (old) → 19,900,730,000 (new) -
Market Cap:
Remains unchanged -
Exchanges:
Available on multiple exchanges, including Binance and Huobi Global -
Pairs:
Cryptocurrency and stablecoin pairs available -
New SUN Token Benefits:
Voting and governance rights, value capture, staking rewards, etc.
About Sun: Illuminating the Future of Blockchain
Introducing SUN Token (SUN): A Comprehensive Overview
The SUN.io platform is TRON’s pioneering one-stop platform, offering a trifecta of services: stablecoin swap, token mining, and self-governance. Following the redenomination, the new SUN token emerges as a multifaceted governance token on the SUN platform, akin to Curve DAO’s CRV token and Ellipsis’s EPS token. This token grants its holders a plethora of rights and benefits, including voting and governance privileges within the community, value capture, staking rewards, and more.
The Circulating Supply of SUN Coins: A Closer Look
To cater to the SUN project’s requirements and infrastructure upgrade, a token redenomination and platform upgrade plan will be implemented starting from May 26, 2021 (SGT). While maintaining its current market capitalization, the existing SUN tokens will undergo a 1:1000 redenomination and token swap. Following this redenomination, SUN.io will undergo a significant upgrade, introducing a novel decentralized stablecoin swap service. The SUN platform will be transformed into TRON’s pioneering one-stop platform, supporting stablecoin swap, token mining, and self-governance. The new SUN token, a multifaceted governance token on the SUN platform (akin to Curve DAO’s CRV token and Ellipsis’s EPS token), will confer upon token holders a range of rights and benefits, including community voting and governance, value capture, staking rewards, and more.
The SUN redenomination plan is designed to reduce the entry barrier for holding SUN tokens, thereby fostering the growth of the SUN ecosystem. The total supply of SUN tokens will undergo a significant expansion, increasing from 19,900,730 to 19,900,730,000, at a ratio of 1:1000, while the market capitalization of SUN remains unaffected.
Acquiring SUN (SUN): A Comprehensive Guide to Purchasing Options
SUN is now accessible for trading on an expanding array of exchanges, boasting an increasing range of cryptocurrency and stablecoin pairing options.
As of June 2021, Binance boasts the most extensive array of trading pairs, while Huobi Global provides a diverse range of options, including Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).
New to the world of cryptocurrency? CoinMarketCap presents a beginner’s comprehensive guide to purchasing Bitcoin or any other digital token with ease.