Tron is a robust infrastructure which supports the diversification of the assets on the top of TRON Network and it is tremendous.
TRON is getting busy with Century Mining. Users are getting ready to mine at sun.io. Miners in the process will not only mine and receive the official 5 TRON tokens in TRX, BTT, JST, SUN, WIN but TRON network project tokens as well.
For clarity, the sun.io currently only supports staking. Important to note that assets that are staked through other means will not be included in official mining and it cannot be returned.
There are rules applicable for mining:
Stakers should select an active pool and stake the corresponding token asset to mine. The stake can be withdrawn any time. Also, it is important to note that any TRX/TRC10/20 tokens will not be accepted and cannot be refunded once transferred to the contract. Participation is only available through the web page at sun.io.
Regarding the generation and distribution of SUN rewards, at present all the SUN mining pools are mined at an even speed. Throughout the entire mining process, a block will be generated in each mining pool for every three seconds and each of these will contain an identical amount of SUN rewards.
The SUN rewards which are thus generated by every block will be distributed to users depending upon the user’s staking amount within the block in proportion to the total staking amount by all the users within the block.
In summary, the more and the longer users stake, the more SUN rewards they become eligible for.
Calculation per sun.io:
The Total amount of SUN a user can get = ∑ (The user’s percentage of Token within a block x Amount of SUN generated by the pool within a block)
- The user’s percentage of Token within a block = number of tokens staked by the user within the block / number of tokens staked by all users within the block
- Amount of SUN generated by the pool within a block = total amount of SUN generated by the pool / number of blocks generated in 14 days
- Amount of SUN a user can claim = total amount of SUN a user can get – amount of SUN the user already claimed
SUN mining APY (annual percentage yield) = (Amount of SUN the pool produces per second x SUN price x 31536000) / Current amount of Tokens staked
- Current total amount of Tokens staked: TRX equivalent of the total amount of Tokens staked in the pool
- SUN Price: SUN/TRX real-time price
Reportedly, the mining pools, which are made possible in combination with other DeFi ecosystems are likely to provide multiple benefits.
