TRON DeFi platform SUN.io establishes SUN DAO to promote decentralized governance and community autonomy

Odaily News According to official news, SUN.io, a DeFi platform based on the TRON public chain, announced the official establishment of SUN DAO. This move aims to further promote the decentralized governance and community autonomy of the platform, expand the application scenarios of SUN tokens, and continue to promote the development and long-term governance of the SUN.io protocol. The core security elements of SUN DAO mainly include protocol functions and SUN tokens. The protocol functions mainly cover aspects such as community participation, incentives, self-regulation and policy management, and are managed through on-chain proposals. SUN tokens will also serve as an important part of platform governance, incentivizing community members to participate in governance and proposals. It is reported that SUN.io integrates functions such as stablecoin exchange, pledge mining and autonomy, and provides decentralized financial services including support for Dominica's national legal digital currency exchange. As of July, the total pledged amount of SUN.io has reached US$431 million.