Justin Sun announces the preliminary profit distribution plan for SunPump: all profits will be returned to the community
Powered by ChatGPTDeepChain TechFlow News, TRON founder Justin $Sun announced the preliminary plan for the revenue distribution of SunPump protocol this morning. According to the plan, all the revenue of SunPump will be fully returned to the community through liquidity donations.
The specific operations include: using all the revenue to repurchase $SUN tokens, then adding SUN/TRX liquidity on Sunswap V2, and sending the obtained LP tokens to a black hole address to ensure the liquidity is never withdrawable.
Justin $Sun stated that this method can enhance compliance, continuously accumulate liquidity, and stabilize the $SUN token price, enabling $SUN to grow together with the TRON network.
The plan is currently in the preliminary proposal stage and will be submitted to the community for discussion. It will only be formally implemented after being approved by a vote. Justin $Sun also promised that the transaction hashes of each liquidity donation operation will be publicly disclosed.