In a move set to energize decentralized finance on the TRON blockchain, HTX DAO has pledged to contribute 50% of its quarterly liquidity rewards to the HTX-TRX liquidity pool on SUN.io.
Announced Sunday, this commitment promises a surge in SUN.io’s total value locked, with projections it could exceed $100 million by end of 2024. For HTX token holders, the alliance offers added value via SUN token rewards tied to their holdings. It also unlocks trading fee discounts, new trading pairs, and free energy on SUN.io.
According to the platforms, the partnership marks a turning point for defi growth on TRON by attracting developers and users. This comes a month after HTX DAO, backed by Justin Sun, went live promising juicy 30% APY for supplying liquidity. However, terms to qualify for this remain unclear.
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