Sow SUN - What is SUN, Technical View & How To Mine.
SUN
What Is SUN Token?
As per my understanding through Online research, the SUN is one of the digital asset token launched by TRON CEO Justin Sun. The expectation from SUN token, Justin Sun looking SUN to be the "Bitcoin" of TRON. Justin Sun has given his own name to this token SUN. However, below is the official definition of SUN.
SUN token is a social experiment dedicated to the development of TRON's DeFi ecosystem. Designed as the quintessential Bitcoin equivalent on TRON, SUN features zero VC investments, zero PE investments, no pre-mining or reserve for the team, and is fully operated by the community through its open-source smart contracts. SUN is a TRC20-based crypto asset. |
The trading of SUN token has already started on some exchanges like Poloniex and KuCoin source
Live SUN Token(Coin) Market View: According to the current market price on 23 September 2020, the SUN token is trading at around $17. For the live trading price, kindly refer coingecko
Current trading details from coingecko
Let's see more in the Technical view.
If I take you to the technical chart on the Trading view platform, refer below picture. The current price action is stands at the same previous level from where the price action went up, so further this current level can act as a Support, so good time for buy side.
But, if this level gets breaked then we don't know what will be the next support level. The technical concepts is based on chart history monement which not gives 100% accuracy but with the help of that we can understand the market price action movement levels of buying and sellling pressure. Since, this token has recently launched so you will not get more history in technical chart.
The SUN token could be mine if you have TRX or LP Token on JUSTSWAP. |
If you have a TRX or LP Token on JUSTSWAP then by stake them into the mining pool you can earn SUN token.
How To Mining SUN token?
The first and very most important requirement is, you need to have TronLink Wallet and your account on it, this wallet can be added into your Chrome browser as an Extension, the process is very simple to add this wallet extension into your Chrome Browser.
- Access SUN.io, you will get a page something like below. By clicking on Connect to wallet you will get te option for install Tronwallet. Install it.
- After installation of Tronwallet, you need to create a account by entering password and the username.
- Aftercompleting the account creation, it will look like this. Now your all transaction will be going through this wallet.
Join Mining Pool
Now you have an Tronwallet extension and as I mentioned to join the mining pool to earn SUN you need TRX or LP Tokens. If you have already that in your Tronwallet, proceed with below steps.
On the page sun.io, you will find the different types of mining pools which give different % in returns. You can join anyone, if you meet with the require pair tokens. The staking process execute through the JUSTSWAP
Please note below, as mentioned on this official site, "Currently we only support staking through this page. Assets that are staked via other means will not be included in Official mining and cannot be returned."
So staking is like, the more you stake TRX or LP tokens then more SUN tokens you will earn. On this same mining pool page you cal also claim withdraw you earn SUN tokens.
Before taking a part kindly refer below points which are available on this official sites.
My View
I just come to know about SUN token and its mining pool system. By looking at the vision of SUN token and media information, we can see more people has placed their stake into mining pool and earning SUN tokens. I will looking forward in this and will hold the SUN token for long time.
Thank You.
@stream4u
@tipu curate
@tipu curate
@tipu curate
Congratulations you are one of the winners of the Sow Your SUN Challenge...
Thank you for taking part
The Steemit Team
Thank You.
Congratulations brother :)