News linked to both this project and an event.
On July 25, the 51st SUN token buyback and burn was successfully completed. Since its launch in December 2021, the cumulative total burned has exceeded 678 million (678,547,188.32), continuously demonstrating the deflationary effect. Among these, the three major business lines of SunSwap V2, SunPump, and SunX contributed approximately 382 million, 286 million, and 10.7 million respectively, with diverse revenue sources providing solid support for the long-term burn mechanism. The burn amount for this period is 9,025,027.40, and all tokens have been transferred to a black hole address for permanent sealing. This mechanism continues to reduce the market circulating supply, further strengthening the scarcity attribute of SUN tokens, and laying a solid foundation for the long-term healthy development of the token economic model. The SUN team will firmly advance the buyback and burn strategy, continuously enhance ecosystem value, and reward the community's long-term trust and support.
TRON DeFi Summer S1, jointly launched by JustLend DAO and Binance Wallet, has officially kicked off. The event will last until August 5th, 7:59:59 (Singapore Time). Users can participate in JustLend DAO ecosystem pools with one click via the Binance Wallet DeFi feature, subscribing to assets such as TRX, USDD, JST, and SUN to enjoy Boost APR incentives and share an exclusive prize pool of $2.15 million. As the core liquidity hub of the TRON ecosystem, JustLend DAO continuously provides infrastructure support in areas such as lending, staking, and energy leasing, creating diverse yield scenarios for on-chain users. For participation guidelines and more details, please visit the official tweet and event page. TRON DeFi Summer is in full swing, and we sincerely invite all users to join this summer yield feast.
SUN.io has announced the completion of the Universal Router contract upgrade, further optimizing system performance and on-chain transaction experience while maintaining the same contract interface invocation method. After the upgrade, the new Universal Router contract immediately qualifies for up to a 99% energy subsidy; the deprecated legacy contract will gradually phase out its energy subsidy, while subsidy policies for other business-related contracts remain unchanged. This upgrade does not affect normal user operations. SUN.io will continue delivering a more stable, secure, and efficient on-chain trading environment.