What is sun coin? Sun coin is a blockchain project created to support one of the popular blockchain networks, Tron, in the field of decentralized finance (DeFi). As Kriptokoin.com, we have compiled the answers to questions such as what is Sun coin, what the project offers, what is the SUN token used for, how to get it.
What is Sun coin? What does the project offer?
Sun coin is a blockchain project running in the Sun Network ecosystem. The project was created to support and develop Tron, one of the leading networks in the crypto space. The Sun platform focuses on and provides services in the DeFi field. The platform has a native cryptocurrency called SUN token, created with the TRC-20 smart contract. The project aims to create a profitable, functional and secure DEX ecosystem by utilizing many protocols together.
The Sun project has integrated with other DeFi platforms in the Tron ecosystem through open source smart contracts and decentralized liquidity mining. The platform, which has been renewed several times since its departure, has recently purchased a DEX called Justswap. Currently, the Sun platform is used for functions such as token swap, liquidity mining, stablecoin exchange, and decentralized autonomous organization (DAO).
What is a SUN coin? What is the SUN token used for?
DeFi project aims to use Sun coin in all of its various services. Working for the growth of the Tron ecosystem, the project aims to reach both its own users and Tron’s users. Investors who have TRX, the native cryptocurrency of the Tron network, in the Sun ecosystem can earn Curve DAO token rewards.
SUN token can be used to acquire or exchange stable coins. Users can earn passive income by using SUN within the ecosystem. SUN holders can give loans to other users and thus earn interest income. SUN also has a staking feature. Users can earn additional token rewards at maturity by locking their SUN holdings with a specified maturity.
Besides all this, SUN serves as a governance token. SUN token holders can vote on decisions regarding the future of the ecosystem. This model ensures the decentralization of the platform. Currently, the Sun coin is ranked 310 on the overall list with a market cap of $145.4 million. At the time of writing, 10.51 billion SUNs were in circulation and the token was trading at $0.01383.
How to buy SUN token?
Sun coin is listed by many major and reliable crypto exchanges. It is currently supported by crypto exchanges such as SUN, Binance, KuCoin, Bithumb, Bitfinex. Interested investors can purchase SUN by signing up for one of these exchanges and depositing money in their wallets.
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