crypto

With the launch of SunSwap version 2.0, the platform’s TVL has surged past $1.7 billion — with an astounding 34.1% annual percentage yield offered by the liquidity mining pool of Tron’s native token, TRX.
SunSwap is gaining incredible traction among users by upgrading both its user experience and functionality, which marks not only another milestone for Sun.io and the Tron blockchain, but can be groundbreaking for DeFi and the wider blockchain industry.
Germany’s Bafin is seeking public comment on its intention to ban futures contracts that leave investors owing more income than what they invested initially.
Considering that a lot of crypto trading volume occurs in perpetual futures, which in theory can leave investors on the hook for losses beyond what they initially invested, Forbes reached out to Bafin to clarify its position whether these kinds of contracts would likely be banned.
Bafin clarified that both the crypto exchange provider and crypto contract have to go through tests to find out whether they are exempt from these proposed regulations and need to comply with them.
Unlike traditional financial services, the crypto exchange industry generally lacks standards to certify a new entity before or after they start soliciting client funds.

• of most volume.
• With the launch of SunSwap version 2.0, the platform’s TVL has surged past $1.7 billion — with an astounding 34.1% annual percentage yield provided by the liquidity mining pool of Tron’s native token, TRX.
• On June 24, 2021, Justin Sun tweeted
• SUN.io is well-known for its stablecoin swapping feature called SunSwap that is the upgraded JustSwap after being acquired by SUN.io in fact it is officially the biggest decentralized exchange in the complete TRON ecosystem.
• They offer fast and secure transactions, with low fees, and 24/7 customer care.

Basically, the project managed to establish ties with a number of other DeFi projects developed on the TRON network, primarily through decentralized liquidity mining.
In doing so, it started creating an organized network of projects that are connected to each other through Sun, which opens up the door to greater use cases because of their cryptocurrencies.
At the same time, it makes Tron-based DeFi more complex and can lead to services and better, innovative solutions.
Information contained herein is based on sources considered to be reliable, but is not guaranteed to be accurate or complete.
Any opinions or estimates expressed herein reflect a judgment created by the author by the date of publication, and are subject to change with no warning.
Trading and buying digital assets involves significant risks including price volatility and illiquidity and could not be suitable for all investors.
The Firm isn’t liable whatsoever for any direct or consequential loss arising

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In accordance with what they wrote, staking coins on 3pool gives you over 26% in annual profit.
Owners of LP tokens can go to the Liquidity Mining page on sunlight.io website, pick the mining pool they would like to join, enter the amount of tokens they wish to stake, and then wait before staking process is complete before harvesting their mining earnings.

Before Class A firms list a new token, they need to hire costly experts to assess pros and cons of listing a new asset in today’s uncertain regulatory climate.
Class A firms also rent office space in expensive financial districts, hire qualified personnel for compliance, retain transaction monitoring software like those of Chainalysis and Elliptic and run up a large professional services bill.
Having no such requirements, Class D firms can allocate more resources at marketing and customer acquisition.

As Tron’s first platform that incorporates stablecoin swapping, staking-to-mining features and self-governance, Sun.io always hopes to scale up cooperation with premium projects while improving the platform.
This is why governance mining is now open for applications on sunlight.io website to invite community projects to sunlight.io ecosystem.
Created by Sun.io after acquiring JustSwap for rebranding, SunSwap is the largest DEX on the Tron network.

Accepting Risk (acceptance)

While blockchain technology has been embraced by corporations all over the world there’s likewise been a boom in outfits that allow investors to buy, sell and store cryptocurrencies.
Despite the sector being bit more than a decade old, CoinGecko.com reports that there are no fewer than 580 independent crypto exchanges allowing investors to trade virtual currencies.
In fact, in the last quarter of 2021, websites of dedicated crypto exchanges received 1.7 billion visits according to SimilarWeb data collected by Forbes.
The brand new pools launched on SUN.io will support two-token mining for selected LP tokens in SunSwap V1 and V2, enabling miners to earn dual rewards of SUN tokens and project tokens via Governance Mining.
The brand new token SUN functions as the multi-purpose governance token for the platform .
It grants SUN holders various rights and benefits, like the right to vote, community governance, value capture, staking rewards, etc., in a bid to provide truly decentralized community governance.
Developed by SUN.io after it acquired JustSwap for a standard rebranding, SunSwap is the largest DEX on the TRON network.

• While blockchain technology is being embraced by corporations all over the world there’s likewise been a boom in outfits that allow investors to get, sell and store cryptocurrencies.
• Information contained herein is based on sources regarded as reliable, but is not guaranteed to be accurate or complete.
• Japan’s method of crypto regulation since the hack of two prominent crypto exchanges in 2018 – Coincheck and Zaif – has been to encourage the creation of a self-regulating entity, which now has 40 members and sets membership criterion on matters such as for example safety of hot wallets.
• As TRON’s first platform that incorporates stablecoin swap, stake-to-mine feature, and self-governance, SUN.io always hopes to scale up cooperation with premium projects while improving the platform.
• Sam Bankman-Fried, the founder of the FTX, says he regrets the company’s bankruptcy filing, blamed the downfall on “messy accounting” and criticized regulators.

Estimating the size of a market that’s fast growing and thrives in opacity is more art than science.
Forbes estimates that the unduplicated number of unique visitors coming monthly to crypto exchanges stood at 100 million by January 2022, as the total visitors to Class B sites was 208 million.
We should note that for our analysis we only counted what we believe are 17 large Class D firms.

Asset-based Lending

SUNLIGHT.io platform is TRON’s first one-stop platform that supports stablecoin swap, token mining and self-governance.
After the redenomination, the new SUN token, as a multifunctional governance token on the SUN platform , will grant token holders various rights and benefits like the voting and governance right locally, value capture, staking rewards, etc..
Sun publicly promotes SUN, and although the identities of the developers themselves aren’t officially revealed, its activities and growth are overseen by a dedicated community.
All actions and updates are performed on smart contracts relative to community governance procedures.
SUNLIGHT white paper calls it a “social experiment” and future plans state that the token “can also take part in decentralized lending, insurance, liquidity, stablecoins, etc. etc.”