Sun.io, the first integrated platform for stablecoin swap, stake-mining, and self-governance on TRON announced earlier that they are launching a new Intelligent Boost Mining Pools on its platform which went live a few hours ago.
📣SUN platform has launched the New Intelligent Boost Mining Pools:
🌞The Intelligent Boost Mining Pools including 2pool LP and the #USDD – $USDT LP
🌞Supports “Flexible” and “Locked” staking modes with Two-Token rewards🔎Enjoy your new trading journey: https://t.co/KFtGKsS4xB pic.twitter.com/1VguGpW6Is
— SUN.IO (@defi_sunio) July 21, 2022
The intelligent boost mining pools have two staking modes which are the “Flexible” which is similar to the deposit plan of traditional banks in which users can deposit and withdraw at any given time.
Then the “Fixed” is similar to the fixed deposit plan of traditional banks in which users can choose a locking duration according to their needs and it is locked for a certain period of time. The longer the lock time, the higher the boost factor, and the more benefits.
Both “Flexible” and “Fixed” staking modes support the two-token rewards.
Key Features of Intelligent Boost Mining Pools
As written on their Twitter page, here are the key features of the newly launched pools:
- Stability of rewards improved
- Make your investment plan flexible
- Intelligent rewards distribution
- Added an emergency withdrawal feature
- Support veSUN governance
With the impressive features listed above, the emergency withdrawal feature would be one of the important ones that they have added to the platform for users who selected the “Fixed” staking modes can withdraw their funds during the time of an emergency.
👀Did you participate in the new Intelligent Boost Mining Pools on https://t.co/KFtGKsS4xB #GovernanceMining?
👏The MAX APY of #2pool LP is up to 392.12%!
MAX APY of #USDD – $USDT LP up to 584.20%🔥Seize the chance to get high rewards from staking💪 pic.twitter.com/YOXd2WrXw9
— SUN.IO (@defi_sunio) July 21, 2022
Another key feature listed is the support for the veSUN governance determines the allocation ratio of USDD governance mining rewards among new mining pools.
What is SUN.io?
SUN.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining, and self-governance. SUN.io started as SUN Genesis Mining which was also a social experiment and it focuses on the DeFi potential of TRON during its early days.
SUN.io is well-known for its stablecoin swapping feature called SunSwap which is the upgraded JustSwap after being acquired by SUN.io and it is officially the largest decentralized exchange in the whole TRON ecosystem.
SunSwap also upgraded its swapping mechanism to V2.0 a few months ago which enables users to add liquidity to trading pairs of any two TRC-20 tokens and there will be no need for TRX as an intermediary to swap TRC20 tokens.
Asides from the SunSwap feature, they also provide users with multiple staking options and allow them to vote in order to decide the weights of liquidity pools.
Have you already participated in the new intelligent boost mining pools on Sun.io? Let us know in the comments section below.
For more news and updates, see Tron Spark.
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