Altcoins

SUN.io Supports the HTX/TRX Network in Partnership with HTX DAO

Jasinth
By Jasinth
1 Min Read
SUN.io Supports the HTXTRX Network in Partnership with HTX DAO

With the intention of reviving decentralized finance on the TRON blockchain, HTX DAO has promised to fund the HTX-TRX liquidity pool on SUN.io with half of its quarterly liquidity prizes.

This pledge, which was made public on Sunday, is expected to result in a significant increase in SUN.io’s total locked value—it may surpass $100 million by the end of 2024. Through SUN token incentives correlated with their holdings, the alliance provides holders of HTX tokens with additional value. On SUN.io, it also unlocks free energy, additional trading pairs, and reductions on trading fees.

By drawing developers and consumers, the agreement, according to the platforms, signifies a turning point for defi growth on TRON. This occurs one month after Justin Sun-backed HTX DAO launched with a lucrative 30% APY guarantee for liquidity provision. The conditions to be eligible for this are still unknown.

More From Crypto SA

This article is for information or news purposes only and should not be considered trading or investment advice. Nothing herein should be interpreted as financial, legal, or tax advice. Trading cryptocurrency, forex and CFDs involves a significant risk of loss.

The information on this website is for information purposes only. The content published on this website is not aimed to give any kind of financial, investment, trading, or any other form of advice. Crypto SA does not endorse or suggest you to buy, sell or hold any kind of crypto related product. Before making any financial investment decisions, you should seek professional advice from a qualified investment or financial adviser. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. Crypto SA is not liable for any financial losses incurred while trading cryptocurrencies. We do not recommend investing money you cannot afford to lose.

TAGGED:
By Jasinth
Jasinth is a creative and skilled crypto content writer with over three years of experience in the field. With a passion for writing and research, she has made a name for herself in the crypto community and financial market with her in-depth analysis and clear explanations of complex topics. She is also a literature enthusiast who loves beautiful clicks.
Previous Article BONSAI Token Blooms on Lens Protocol with $1M Raise BONSAI Token Blooms on Lens Protocol with $1M Raise
Next Article ishares Bitcoin Trust (IBIT) Gains Ground Over GBTC With Lower Fees ishares Bitcoin Trust (IBIT) Gains Ground Over GBTC With Lower Fees

Latest News

Follow US