SUN.io Partners with HTX DAO to Support HTX/TRX Liquidity Initiative

SUN.io announced on February 24, 2024 a strategic partnership with HTX DAO to support the HTX/TRX liquidity initiative and provide new benefits to users. This collaboration foresees that HTX DAO will allocate 50% of its quarterly liquidity donations to the HTX-TRX liquidity pool, of which a minimum of 80% will be dedicated to SUN.io. The tokens in the reserve will then be sent to a null address.

The partnership is expected to increase the liquidity locked on SUN.io to over $100 million in 2024, representing over 20% of its total liquidity. As a thank you, SUN.io will launch campaigns to reward HTX holders with SUN tokens, who will also have the opportunity to participate in the governance of the SUN platform.

SUN.io will also introduce various initiatives to support HTX, such as reducing fees, adding new trading pairs, and offering free energy. Additionally, the development of quality dApps on the TRON blockchain will be encouraged, with the aim of enriching the SUN.io ecosystem and bringing more value to the TRON network.