Sun Token to Hold AMA on X on September 11th
Sun Token will hold an AMA on X on September 11th at 13:00 UTC, focusing on the implications of weak U.S. jobs data and rising unemployment for global liquidity flows. With only 22,000 new jobs added in August and labor force participation down, expectations for a rate cut have strengthened. The event will feature industry speakers and explore whether this shift could trigger a bullish rally or signal caution for crypto markets.
Refer to the official tweet by SUN:
SunPump@sunpumpmemeSet 10, 2025🎙ï¸Is September Rate Cut a Done Deal? How Weak Jobs Data Could Redraw Global Liquidity Flows
🔥 The latest U.S. Nonfarm Payrolls report showed just 22,000 new job positions added in August, while the unemployment rate rose to 4.3%, marking a multi-year high. Labor force… pic.twitter.com/jqSkx2yzc4
SUN Info
The SUN platform underwent a significant upgrade to introduce decentralized stablecoin swapping, enhancing its functionality. This upgrade transformed SUN.io into a one-stop platform on the TRON network, offering a combination of stablecoin swap, token mining, and self-governance. This comprehensive approach positions SUN.io as a versatile and integral part of the TRON ecosystem, catering to various user needs within a single platform.
The SUN token underwent a redenomination process beginning May 26, 2021, where old SUN tokens were swapped for new ones at a ratio of 1:1000, keeping the market cap unchanged. The new SUN token functions as a multifaceted governance token within the SUN platform, akin to the CRV token of Curve DAO and the EPS token of Ellipsis. Holding SUN tokens grants various rights and benefits to its holders, including voting and governance rights within the community, value capture, and staking rewards. This redenomination and upgrade highlight SUN’s commitment to evolving and adapting to serve its community better.