Altcoins News
By James Thorp
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Tron is a robust infrastructure which supports the diversification of the assets on the top of TRON Network and it is tremendous.
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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,…
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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…
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Stakers should select an active pool and stake the corresponding token asset to mine. The stake can be withdrawn any time.
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Regarding the generation and distribution of SUN rewards, at present all the SUN mining pools are mined at an even speed.
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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…
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In summary, the more and the longer users stake, the more SUN rewards they become eligible for.
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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)
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SUN mining APY (annual percentage yield) = (Amount of SUN the pool produces per second x SUN price x 31536000) / Current amount of Tokens staked
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Reportedly, the mining pools, which are made possible in combination with other DeFi ecosystems are likely to provide multiple benefits.
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