![Sun [New] LOGO](https://www.bihezi.com/d/file/coin/10529.png)
The live price of Sun [New] is - per (SUN / USD) with a current market cap of $374.27M USD. 24-hour trading volume is - USD. SUN to USD price is updated in real-time. Sun [New] is -% in the last 24 hours with a circulating supply of 19.25B.
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SUN (SUN) is a decentralized and emerging cryptocurrency that leverages blockchain technology to ensure transaction security.
The SUN cryptocurrency aims to promote the development of decentralized finance (DeFi) on the TRON blockchain network. The Sun platform is powered by the "$SUN" token.
In 2021, SUN underwent a comprehensive upgrade of its token distribution mechanism, infrastructure, and the token itself. The token was redenominated at a ratio of 1 old SUN to 1000 new SUN. As part of this upgrade, the Sun platform acquired the decentralized exchange JustSwap.
Post-upgrade, the Sun platform integrates asset trading, liquidity mining, stablecoin swapping, and decentralized autonomous organization (DAO) functionalities—building a DEX-centric TRON DeFi ecosystem.
The platform is said to combine multiple trading platform features, creating a high-performance, low-cost, and more secure integrated DEX infrastructure for the TRON network.
The Sun Token platform offers a wide range of features, including transaction fee rewards for liquidity providers, LP liquidity mining, and SUN staking rewards.
Additionally, users can participate in governance mining by using SUN tokens to vote on pool weight allocations.
To support the SUN project roadmap and infrastructure upgrades, the platform implemented a SUN token redenomination and system upgrade on May 26, 2021 (Singapore time), at a rate of 1 SUNOLD (old token) to 1000 SUN (new token).
SUN.io is the first integrated platform on TRON that combines stablecoin exchange, token mining, and decentralized governance. Its "3pool" swap pool allows seamless conversion between USDT, USDJ, and TUSD. The exchange platform offers low fees, minimal slippage, and reduced impermanent loss, with higher efficiency and security than competing platforms. The SUN platform plans to gradually implement token mining and governance features, further empowering the community.
As the platform’s governance token, SUN also grants users rights such as platform governance, value capture, and staking rewards.
There are several reasons to consider investing in SUN. First, SUN is a decentralized currency not controlled by individuals or financial institutions, making it an alternative investment option to traditional fiat currencies. Second, its limited supply can help drive long-term value. Additionally, as a global digital currency, SUN facilitates international transfers without the need for intermediaries. If you're seeking a decentralized alternative to traditional currencies, SUN may be a suitable option. However, investing in SUN involves the complexities and volatility of digital assets. We strongly recommend conducting thorough research and understanding the potential risks before investing.
SUN helps promote the development of the DeFi ecosystem on the TRON Network. In addition, as the native governance token of the platform, SUN supports staking functionalities.
As of writing, the total supply of SUN tokens is 19,900,730,000, with a circulating supply of 9,563,576,472 tokens.
Sun Token was launched in 2020 and is named after its founder, Justin Sun. He is also the founder of the TRON blockchain and BitTorrent.
SUN focuses on advancing decentralized finance and integrating it into the TRON ecosystem. The platform combines various trading protocols to create a high-performance and secure integrated DEX ecosystem. It offers multiple functionalities, including transaction fee rewards for liquidity providers, LP token liquidity mining, and SUN token staking rewards. Additionally, the SUN token burn mechanism may contribute to increasing its value over time.
The Sun [New] to other currencies exchange rate?
