JustMoney the community-driven deflationary token on TRON Network, officially adds swapping support for the SUN (TRC20) token and the TRX-SUN would be the newest pair on the JustMoney Exchange platform.
— JustMoney.io (@JustMoneyIO) February 9, 2022
Sun.io’s native token SUN (TRC20) is only available for swapping with TRX and no further details have yet been released if there would be additional swapping pairs with the SUN token anytime soon.
For now, JustMoney users can only swap their TRX with SUN (TRC20) tokens which would enable them to receive benefits such as voting and governance right in the community, value capture, staking rewards, and many more, since SUN (TRC20) is a multifunctional governance token on the SUN platform.
What is JustMoney?
JustMoney aims in building an ecosystem for the next generation of decentralized applications to power Web3.
Their very own JustMoney token (TRC20) is a community-driven deflationary token on Tron Network where holders earn passive income on every transaction and where selling is discouraged by higher taxation.
Currently, there are 73,665,000,000 JM tokens in circulation.
— JustMoney.io (@JustMoneyIO) November 16, 2021
JustMoney has its own token exchange platform called JustMoney Exchange which is available on various chains such as TRON, BSC, ETH, Polygon, BTTC, and Zenith.
Asides from their own JM token and JustMoney Exchange, they also have the launchpad which is used for a new project that would be launched on their platform and they have developed a launchpad with a countdown and with higher slippage setting.
Lastly, JustMoney also has their cryptocurrency gift card platform called JustMoney Gift that allows users to send customized cryptocurrency gift cards via email to friends and family.
What is SUN?
SUN is a social experiment and it focuses on the DeFi potential of TRON. It is designed as the quintessential Bitcoin equivalent on the TRON network. The company has no VC investments, no PE investments, no pre-mining or reserves for the team, and is wholly operated by the SUN community through its open-source smart contracts.
🌞https://t.co/KFtGKsS4xB TVL breaking $2.4 billion
🔥Staked Value of Stablecoin Pools over $248 million
🔥Staked Value of SunSwap Pools over $1.3 billion
🔥Staked Value of Mining Pools over $837 million
— SUN.IO (@defi_sunio) February 10, 2022
Last year, SUN acquired JustSwap that turned into SUNSwap which is a stablecoin swap platform similar to JustMoney Exchange and JustSwap is the largest decentralized exchange in the whole TRON ecosystem.
SUN had been consistently growing over the past few months and with the recent upgrades done to their SunSwap platform and mining pools, the additional support from JustMoney Exchange would allow more users to participate in what the SUN platform has to offer.
For more news and updates, see Tron Spark.