$SUN 's 51st Buyback & Burn Completed


The 51st $SUN buyback & burn has officially been completed, with another 9.03 million $SUN permanently removed from circulation.
Since the program began in December 2021, the protocol has burned 678.5M+ $SUN, making it one of the most consistent deflationary models in the DeFi sector.
• Price: $0.0183
• Circulating Supply: 19.22B $SUN
• Max Supply: 19.9B $SUN
• CMC Rank: #85
• Launch Price: $0.001 (May 24, 2021)
• All-Time High: $0.05436 (Oct. 20, 2021)
• All-Time Low: $0.00463 (Nov. 14, 2022)
• Even after multiple market cycles, $SUN is still trading more than 18x above its launch price.
Where does the buyback money come from?
Unlike many projects that depend on treasury reserves, $SUN's buybacks are funded by real protocol revenue.
Revenue contribution since launch:
• SunSwap V2: ~382M $SUN
• SunPump: ~286M $SUN
• SunX: ~10.7M $SUN
The protocol uses ecosystem revenue to buy $SUN from the open market, then sends those tokens to a burn address, permanently removing them from circulation.
Every quarterly burn:
• Reduces available supply
• Strengthens long-term tokenomics
• Aligns protocol growth with token value
As the SUN ecosystem grows, more protocol activity can translate into larger buybacks and a stronger deflationary effect over time.
SUN0.38%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned