Justin Sun: All SunPump Profits will be Given to the Community

Bittime - Justin Sun, founder of TRON, announced that all SunPump profits will be provided to the community through liquidity donations.  

Buy Back SUN Tokens

According to Justin Sun, this plan is designed to support the long-term growth of the SUN token by increasing liquidity and price stability.  

This profit distribution plan includes several operational steps. One way is to use all profits to buy back SUN tokens. 

The SUN tokens purchased will then be used to add liquidity to the SUN/TRX pairing on Sunswap V2. In this way, the liquidity of SUN tokens will continue to increase.

Read Also: Getting to Know SunPump: New Memecoin Launcher on TRON and How it Compares to Pump.fun  

Benefits for the TRON Community and SUN Tokens

By returning SunPump profits to the community, this strategy not only increases liquidity but also supports the long-term growth of the value of the SUN token. 

Justin Sun emphasized that this strategy will allow the SUN token to grow along with the TRON network, which will ultimately benefit the entire ecosystem.

Apart from that, this strategy also aims to increase compliance and accountability. Transparency is an important factor for building trust. Justin Sun is also committed to publicly disclosing the transaction hash of every liquidity donation operation.  

SUN Token Liquidity Donation Process

Liquidity donation process SunPump is designed to be transparent and easy to understand. The first step in this process is to determine the liquidity donation amount based on SunPump revenue. Once this amount is determined, all proceeds will be used to buy back SUN tokens.

Next, liquidity will be added to the SUN/TRX liquidity pool on Sunswap V2. Once liquidity is added, the obtained LP tokens will be burned by sending them to the black hole address. This burning ensures that the added liquidity will remain in the ecosystem, thereby increasing the price stability of the SUN token.

To maintain transparency, every transaction hash related to this liquidity donation will be announced publicly. This way, the community can track every step in the process and ensure that all profits are actually returned to the community.

Read Also: Justin Sun Proposes Formation of #FreePavel DAO and Will Donate $1 Million  

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