SUN Tokenomics
Last updated
Last updated
There are no pre-mining, tokens reserved for teams, cornerstone investment, or private placement for the SUN token. Instead, various functions and mechanisms of the ecosystem guarantee that the SUN token can be distributed in a fair and sustained way.
The distribution of SUN has gone through two phases— V1 and V2— as follows:
Distribution of SUN tokens (V1):
Genesis Mining 9.35%
Official Mining 15.59%
JustLend Mining 1.18%
Century Mining 2.47%
Distribution of SUN tokens (V2):
Genesis Mining 4.2%
Governance Mining 19.05%
veCRV Airdrop 1.0%
Sun DAO Governance: 47.16% (Locked for four years with linear vesting)