Buyback & Burning of the SUN Token
To continue enhancing the value of the SUN token and empowering the SUN ecosystem, 0.05% of total transaction volume on SunSwap V2 will be used to buy back and burn the SUN token. All SUN holders can enjoy the appreciation of the token brought by burning.
First burning at: 18:00 Thursday, March 24, 2022 (SGT)
From December 15, 2021 to March 24, 2022, the amount of SUN bought back and burned is: 2,781,258.73.
Currently these tokens bought back and burned have been deposited into the blackhole address:
https://tronscan.io/#/address/T9yD14Nj9j7xAB4dbGeiX9h8unkKLxmGkn
Buyback & Burning Mechanism
Buyback: The contract will regularly swap 0.05% of the value of each transaction on SunSwap V2 for SUN and deposit the tokens (to be burned) into a designated address.
Burning: the SUN tokens in the designated address will be burned every four weeks, by way of depositing them into the TRON blackhole address. You may view the details in Burning Records.
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