SUN.io, a decentralized finance firm, has announced a strategic partnership with HTX DAO to boost liquidity for the HTX/TRX pair. This collaboration aims to enhance decentralized liquidity support by allocating 50% of quarterly donations from HTX DAO to the HTX-TRX liquidity pool on the SUN.io platform.

The partnership, revealed on February 25, 2024, on the SUN.io website, is expected to significantly increase SUN.io’s total value locked (TVL), potentially exceeding $100 million by the end of 2024. This would represent more than 20% of SUN.io’s TVL.

Added Value for HTX Token Holders

HTX token holders can look forward to added value and governance participation through various campaigns that distribute SUN tokens based on HTX holdings. Users have the option to opt out and return the SUN tokens received during the campaign.

SUN.io is also introducing initiatives such as trading fee reductions, new trading pair listings, and free energy for HTX community members, strengthening its competitive position in the crypto market.

This partnership aims to encourage developers to contribute actively to the TRON blockchain ecosystem, fostering the integration of high-quality decentralized applications on the SUN.io platform.

Enticing APY

The SUN.io-HTX DAO partnership signifies a significant development in the defi ecosystem, inviting users and developers to collaborate in driving the platform’s growth. HTX DAO’s promise of a 30% annual percentage yield (APY) for contributions to the HTX/TRX pool has generated interest, although specific details regarding eligibility and duration remain unclear.

HTX DAO’s dual-ecosystem advantage offers HTX token holders the opportunity to benefit from both decentralized and centralized financial environments, creating potential opportunities within the exchange.

Overall, this partnership sets the stage for enhanced liquidity and community engagement, showcasing SUN.io and HTX DAO’s commitment to supporting the crypto ecosystem.

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