Sun (New) (SUN) Price

SUN is an incentivization layer designed for TRON's DeFi ecosystem, which was established by the Tron Foundation in September 2020. SUN aims to increase user engagement in the TRON DeFi ecosystem by stimulating users to participate in liquidity mining and other DeFi-related activities. By providing rewards for members who contribute to the network, SUN seeks to facilitate the adoption of TRON's DeFi ecosystem and establish it as a leading DeFi platform.

One of the core features of SUN is its ability to act as a transit center for cross chain assets. SUN enables users to swap tokens between different chains, such as Ethereum and TRON, without having to leave their wallet. This provides users with a more streamlined and efficient way to transfer assets between different ecosystems, thereby promoting interoperability between different blockchain networks.

SUN also offers various other useful features, such as staking, farming, and lending. Users can stake their SUN tokens to earn rewards, or contribute liquidity to gain more crypto through yield farming. In addition, SUN allows for borrowing and lending, which provides an alternative to traditional banking services. These features give more opportunities for members to earn rewards and participate in the network.

The SUN token is the native cryptocurrency of the SUN network. It serves as a utility token, opening access to various features and services on the network. SUN token holders can earn rewards by staking and providing liquidity, and can participate in governance decisions related to the network parameters.