SUN
SunPump Beta Launches on TRON, Driving Innovation in Meme Coin Development
NEWS RELEASE BY SUN Download PDFDownload multimedia Singapore | August 12, 2024 07:01 PM Pacific Daylight Time Singapore, August 13, 2024 - SUN.io, a leading DeFi platform on TRON, is thrilled to announce the launch of SunPump Beta, the first dedicated platform for the fair launch and trading of meme coins. SunPump offers creators an accessible, low-cost way to launch their own meme coins in a secure and user-friendly environment. This innovative platform will elevate user engagement and promote a more autonomous trading experience. SunPump combines user-friendliness, fairness, and accountability. The operational mechanism streamlines token issuance and trading, allowing users to easily browse and select their preferred meme coins on the platform. A joint curve pricing mechanism provides direct and transparent access to token purchases. SunPump also offers flexible trading options, allowing users to sell their tokens whenever they choose. SunPump has implemented liquidity and burn mechanisms designed to maintain market integrity and foster community engagement. When a meme coin's market cap hits a predetermined threshold, the corresponding liquidity is automatically deposited into SunSwap V2 and subsequently burned. Key features:
To make participation even more accessible, SunPump has introduced a gas fee reduction program. This initiative lowers the cost of gas fees by 99% for activities like token launches, trading, and other related activities on the platform, particularly for meme coin-TRX trading pairs that add liquidity to SunSwap post-launch. TRON offers an ideal environment for developing meme coins. TRON's fast transaction speeds and low fees have garnered widespread market recognition, attracting over 2 million daily active users. As of August 2024, the issuance of TRON-based USDT exceeds $60.8 billion, comprising 53% of total USDT issued. This ample liquidity enhances trading efficiency and provides financial support for innovative projects. The launch of SunPump is a significant advancement for the TRON ecosystem. SunPump provides a fair and secure trading platform coupled with a range of user-friendly features. As community engagement deepens, SunPump will become a key player in the meme coin market, injecting new vitality and momentum into the ongoing evolution of the TRON ecosystem.
About SUN.io SUN.io is the first decentralized autonomous platform on the TRON network, distinguished by its integration of stablecoin trading, comprehensive token exchange, and liquidity mining capabilities. As a cornerstone of the TRON ecosystem, SUN.io is dedicated to optimizing trading liquidity and asset returns for its users. The platform empowers participants to stake SUN tokens, earning veSUN, which unlocks a suite of exclusive benefits, including enhanced rewards and voting rights in the platform's governance. About SunPump SunPump stands as a groundbreaking platform on the TRON blockchain, specifically engineered to revolutionize the creation and trading of meme coins. By prioritizing simplicity, affordability, and fairness, SunPump eliminates traditional barriers in the token launch process, such as the need for pre-sales and team allocations, fostering a transparent environment for all participants. This user-centric approach ensures that anyone can effortlessly launch and trade meme coins, democratizing access to this vibrant market.
Contact Details
Karina.Wang
marketing@sun.io
Dissemination of a CORPORATE NEWS, transmitted by EQS Group. |
1966357 13-Aug-2024
