SunPump

Justin Sun’s SunPump burns $8.24 million worth of SUN tokens

Justin Sun, the founder of Tron, has made an announcement stating that SunPump has intentionally destroyed more than $8 million worth of SUN tokens from its available quantity. Furthermore, a further $4 million worth of tokens is scheduled to be destroyed in the near future. Within the past 24 hours, a total of 28,999,138.3071 SUN tokens, worth $819K, have been destroyed. There are still 10.97 million tokens left to be

The Tron community agrees on a 100% on-chain buyback and burn strategy for SunPump Protocol revenue

The Tron ecosystem is seeing significant growth, and its community has unanimously agreed on the method of distributing cash generated by the SunPump Protocol. Justin Sun, the creator of the Tron network, solicited advice from the community about the distribution of earnings. He proposed four possible methods: repurchasing SUN tokens, enhancing liquidity in the SUN/TRX pool, making liquidity donations, or eliminating LP tokens by burning. Following much deliberation, the community