Receive Sun Digital Currency (SUN) with Staking Tron
Staking is one of the ways to earn money in digital currencies that has attracted a lot of people. Many current digital currencies use the Proof of Stock (POS) protocol and therefore offer rewards to their token holders. This will give users the incentive to purchase and maintain tokens, securing the blockchain. This article will discuss how to receive digital currency (SUN) through staking Tron.
What is Tron?
Tron launched digital currency in 2017. It was initially launched with the TRX token, an ERC-20 token, and was later transferred to its leading network.
Tronix or TRX is a dedicated token, token network. This token is used as a payment method in new projects on the Tron platform. Many digital currency exchanges support this token.
How to get SUN
Tron community introduced staking for its holders in 2020. In this way, holders can receive their Sun digital currency by keeping their TRX tokens. It is possible to use this method for all Tron holders in different wallets or the main Sun.io.
Due to the rapid growth of Defi projects, many blockchain projects have decided to introduce new programs. Tron community is no exception and has introduced a new token focusing on Defi development.
What is Sun Digital Currency (SUN)?
As a result of the new programs of the Tron community, with a focus on building the Defy ecosystem, the digital currency Sun (SUN) was created. This project can be considered a social test. The Tron team strives to turn the Sun token into a unique ticket with community-based governance. This token acts as one of the primary and fundamental components of the Defy ecosystem.
There are also no pre-extracted or reserved tokens for Sun team members, and all-new token creation processes are done entirely by the Sun community using smart open-source contracts. The SUN token is a TRC-20 token with a total supply of 19,900,730 tokens.
It is possible to obtain Sun tokens by staking LP and TRX tokens. These tokens are used as a license to enter the token extraction process. One of the most common ways to get a Sun Token is to stick to TRX, and all you need to do is have a wallet.
Genesis Mining
Tron community has provided its users with a simple way to receive Sun tokens. Genesis Mining is the name given to this process. This process is related to the phase that only requires depositing TRX tokens into wallets like TronLink, token, TokenPoket, BitPiewallet, and BitKeeper. Users can transfer their Tron tokens to one of these wallets and start staking by visiting the Sun Project main website.
The initial extraction or genesis mining is now complete, and users can use standard extraction. This type of extraction is relatively similar to the initial extraction. The only significant difference in regular mining is that users can freeze their tokens at any time and receive a ticket as a reward.
How To Receive Sun Digital Currency With Stacking Tron
In the following, we will teach you how to stick Tron in the TronLink Wallet:
- Download and install the Tron Link wallet extension from its main website.
2. After installing the plugin, log in to the wallet using the Log-in or Sign-up options.
3. Transfer your desired amount of TRX from the previous wallet to this wallet.
4. If you do not have a TRX token, you can buy it using Just swap exchange or any other exchange.
5. Go to the official Sun Project website and select the wallet connection option at the top right of the screen.
6. If you are correctly connected to your Link Tron wallet, you can see your balance.
7. Select the Mining option. A new window will open.
8. Enter the value of TRX on the opened page and click Accept by following the required steps and finalizing the steps.
Concluding remarks
This article taught you how to receive Sun digital currency by staking them. Justin Sun and Tron community have made every effort to join Defy’s world. Token Sun (SUN) is one of the great moves of this team to achieve the goal of creating defy projects with community-based management in Tron Network. The easiest way for this team to provide their users with initial extraction is to extract and receive Sun digital currency with StonTron.
Decentralized financial systems (Defi) have received a great deal of attention and are crucial to the future of blockchain and digital currencies. The launch of new blockchain-like projects will increase its power. Projects are like the first steps to achieve these goals, and it will be easier to accomplish these goals as the use of this project and the Deveron Tron ecosystem expand.
