SunSwap

SUN Token - Governance, veSUN, and Burn

SunSwap

Governance token of SUN.io

SUN is the token of SUN.io, the TRON platform that runs SunSwap. People searching sun io, sunswap, or sun swap often want the token and the exchange in one answer. They are related and they are not the same thing. SUN is the asset you can swap, lock, and govern with. SunSwap is the exchange. An LP token is a third thing: your share of a pool. Holding SUN does not make you a liquidity provider. Holding an LP token does not give you veSUN.

The SUN white paper describes a distribution with no pre-mine, no team reserve, and no private sale. Tokens were issued through mining and a Sun DAO allocation that vests over four years. That is a design claim from the protocol's own paper, not a price. SUN trades on SunSwap itself, as a TRC-20, at whatever the pool price is when you sign.

Two mechanisms tie the token to activity. On SunSwap V2, 0.05% of trading volume is used to buy SUN and burn it. On the stablecoin pools, 50% of trading fees go to veSUN, which you mint by locking SUN for up to four years. Burning reduces supply over time. veSUN is a decaying vote, not a dividend you receive for simply holding unlocked SUN. SunPump, the meme launchpad, is a separate product whose revenue SUN.io has also used toward SUN buybacks. It is not the swap.

How to tell the assets apart

  1. SUN is the governance token. You can trade it on a sun swap.
  2. veSUN is the lock. It decays and it is what votes and receives stablecoin-pool fees.
  3. LP tokens are pool shares. They earn trading fees from the pair they belong to.
  4. A price quote is the pool price at that moment. This page does not publish one.

Frequently asked questions

What is the SUN token?

SUN is the governance token of SUN.io, the platform behind SunSwap on TRON. You can trade it, and you can lock it for veSUN. It is not an LP token and not a claim on user deposits.

Does SunSwap burn SUN?

SUN.io uses 0.05% of SunSwap V2 trading volume to buy back SUN and burn it. The burn is funded by that volume. It is not a fee you pay as a separate line on every V3 or V4 trade.

Where do I buy SUN?

SUN is a TRC-20 on TRON and can be traded through SunSwap on sun.io, the same way as any other listed token. Use a wallet you control and read the pool before you sign.