Justin Sun today made a few clarifications about $Sun. In his own words: $SUN output reduces by 20% from today on: Daily $SUN output will be 20% less than Genesis Mining, dropping from 129000 per day to 102000 per day. A positive impact is expected from the $SUN reduction.
$SUN adds support for WBTT/WIN/USDJ staking mining and LP mining pools. On $SUN LP mining: the launch of WBTT/TRX LP, WIN/TRX LP and USDJ/TRX LP mining will push up the demand for WBTT/JST/TRX, which will help boost the three markets.
More flexible mining options — users may pledge $SUN, $JST, $USDT, $WBTT or $TRX to join in the mining, which paves the way for lending on $SUN in the future.
Users already joined in mining can keep on mining with a single click upon the launch of the new pools. Simply follow official instructions and click “Continue Mining” to enjoy generous returns without withdrawing the collateral. Withdrawal and deposit are allowed anytime.
The list of Whitelisted JustSwap Projects is published in the Sep 25, 2020 Daily Bulletin. On September 25, 2020 SUN Network celebrated their first anniversary.
For those who do not know, SUNNetwork, DAppChain is a side chain scaling project, which is designed to provide unlimited scaling capacity for the TRON MainNet, thus enabling DApps to run with lower Energy consumption, higher security and efficiency on TRON.
Those who have been following SUN for some time were wowed by how one year passed by and they were excited about the amount of success achieved by the network.
Also, Justin Sun stated on how TRON is honored to co-host the power 2020 DEFI Innovation Summit in combination with Mars Finance. Justin Sun also stated on how he will be delivering speech on New Ecology in TRON and on how there is new opportunity in Sun.
He Welcomed all to join DeFI Innovation Summit at The St. Regis Shenzhen, 9.28-9.29(HKT).
Sydney Ifergan, the crypto expert tweeted: “TRON (TRX) are continuing in their efforts to rapidly and continually make efforts to decentralize the web.”
TRON and Huobi are in cooperation to make mining and delegation of HT token in the Sun Market.
Justin Sun also stated on how the amount of Tether (USDT) on the TRON Blockchain has exceeded $5 billion.
TRON (TRX) have also entered into strategic partnership with BitGo, the custody service provider. This cooperation enables Bitcoin and Ethereum owners to be able to enter TRON’s DeFi market easily and quickly.
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