Blockchain
SunSwap and SUN.io Now Integrated with New Two-Token Mining Launched
Singapore, Singapore–(Newsfile Corp. – January 28, 2022) – SunSwap, the largest decentralized exchange (DEX) on TRON, is now officially integrated with SUN.io after a period of stable operation. The mining pool community has also completed its decentralization, and Governance Mining is open for applications on SUN.io’s website to welcome more projects to the SUN governance mining.
Sun
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Created by SUN.io after it acquired JustSwap for an overall rebranding, SunSwap is the largest DEX on the TRON network. It then became TRON’s leapfrog innovation in the DeFi space by integrating the advantages of both JustSwap and SUN.io, featuring TRON-based on-chain token swap, liquidity mining, stablecoin swap and staking, and platform governance.
The up and running governance mining on SUN.io is well received by users, with a TVL of over $600 million to date. As TRON’s first platform that incorporates stablecoin swap, stake-to-mine feature, and self-governance, SUN.io always hopes to scale up cooperation with premium projects while improving the platform. This is why Governance Mining is now open for applications on the SUN.io website to invite community projects to the SUN.io ecosystem.
SunSwap V2.0 upgrade
Putting its mind to long-term value creation and better user experience, SunSwap makes sustained efforts to upgrade its products based on users’ needs. With features like one-click liquidity migration and improved user interfaces for the exchange, fund pool, and explorer modules, SunSwap V2.0 delivers a friendlier user experience.
Upon the launch of SunSwap V2.0, its TVL has surged past $1.7 billion, with a staggering 34.1% APY offered by the NFT-TRX liquidity pool. By upgrading both its user experience and functionality, SunSwap is gaining incredible traction among users, which marks not only another milestone for SUN.io and the TRON blockchain, but is also epoch-making for DeFi and the wider blockchain industry.
SunSwap completes integration with SUN.io
Liquidity mining on SunSwap will end on January 28, 2022, at 20:59:59 (SGT), in parallel to which the reward distribution rules will be adjusted. Once concluded, SunSwap liquidity mining will no longer generate rewards. Previous rewards will be distributed according to the revised regulations, and users can still claim their rewards in SunSwap > Liquidity Pool as they used to. At the same time, the new pools will go live on SUN.io, marking the full integration of the two.
Upgraded two-token mining delivers decentralized community governance
The new pools launched on SUN.io will support two-token mining for selected LP tokens in SunSwap V1 and V2, enabling miners to earn dual rewards of SUN tokens and project tokens via Governance Mining. The new token SUN functions as the multi-purpose governance token for the platform. It grants SUN holders various rights and benefits, including the right to vote, community governance, value capture, staking rewards, etc., in a bid to deliver truly decentralized community governance.
By staking LP tokens to participate in the new pools, users can earn mining rewards in addition to transaction fees.
How to mine on the SUN platform?
Users need to hold LP tokens to take part in liquidity mining, and mining pools only accept their respective LP tokens.
LP token holders may visit the Liquidity Mining page on the SUN.io website, find the mining pool they want to participate in, enter the number of tokens they want to stake, and then wait to harvest their mining rewards when the staking begins.
Two-token mining rewards-the SUN token
In pools that support two-token mining, one of the reward tokens is SUN, which is given by the SUN platform to participants of Governance Mining. The amount of SUN rewards will be determined by the voting weights of the liquidity mining pools, which will be updated at 8:00 every Thursday (SGT). Users can lock SUN for veSUN and thus boost their SUN mining speed by up to 2.5x; they can also vote in liquidity pools with veSUN to decide how SUN rewards are allocated in different pools.
Two-token mining rewards-the project token
Unlike SUN rewards, rewards distributed in the project token are not affected by the voting weights of the liquidity mining pools, and the mining speed cannot be boosted by locking SUN. Project teams reserve the right to update the rules of distributing project tokens, including how many tokens will be distributed each week, if any. Please pay attention to the latest announcement on the websites of SUN.io and project teams.
Participate in SUN Governance Mining
At present, the project teams’ pools supported in governance mining are SunSwap V2 liquidity pools. Once approved, eligible pools can be added to the list of liquidity pools in governance mining, and users can stake corresponding LP tokens for SUN rewards.
What is Governance Mining?
Governance Mining is a stake-to-mine project launched by SUN.io for community self-governance. It now supports LP tokens in stablecoin liquidity pools and SunSwap liquidity pools.
To participate in 3pool and USDC liquidity mining, users need to make deposits in the corresponding pool on SUN.io, provide liquidity to earn LP tokens, and then stake these tokens for mining. To participate in SunSwap liquidity mining, users must first add liquidity on sunswap.com to get LP tokens before staking these tokens on SUN.io for mining.
Governance Mining Phase II is now open. Users can choose a liquidity pool on the website to stake LP tokens in and boost the mining speed of the chosen pool with veSUN. They can claim SUN tokens earned from staking directly to their wallets. Also, users can vote with veSUN to decide the weight of a liquidity pool: the proportion of veSUN votes determines how much SUN will be allocated to a pool as rewards.
The SunSwap-SUN.io integration and new mining pools have diversified the use cases of SUN, giving play to community self-governance, further adding utility to the SUN token, and facilitating the growth of the SUN ecosystem. As an integral part of DeFi, and a key component of the TRON ecosystem, SUN will keep powering the entire DeFi space, providing its users with a solid platform that embraces complete autonomy across the board.
SUN.io is set to become a decentralized autonomous community with long-term vitality, and we will keep paying back to our community users with rewarding mining projects. Users are welcome to try out the brand-new mining pools on SUN.io, and our door is always open to high-quality project teams. SUN.io will continue to keep coming up with more exciting plans, so please stay tuned.
About SunSwap
The upgraded SunSwap will incorporate TRON on-chain token swap, liquidity mining, stablecoin swap, staking and self-governance, benefiting the TRON DeFi ecosystem by giving total effort to the DEX system. Furthermore, as a native utility token on SunSwap, SUN will be used to govern the platform, reward liquidity providers, and buy back tokens with revenue on the platform, manifesting TRON’s original aspiration to extend benefits to the broader public.
Contact:
Alexis Schreiber, CMO
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111940
Blockchain
Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation
Blockchain’s metamorphosis from niche ledger technology to the backbone of Web3 has never been more evident. Today, we cover five stories that illustrate the evolving ecosystem: a gaming platform issuing its own token on Solana; Europe’s marquee Web3 summit; a major bank forecasting a “ChatGPT moment” for blockchain; a Southeast Asian conference aimed at busting crypto myths; and a foundation rebuilding blockchain from the ground up to solve scalability. Each development—whether product launch, industry gathering, macro forecast, educational initiative, or infrastructure innovation—offers a window into the trends shaping decentralized finance, NFTs, DeFi, and beyond.
1. BitNile.com to Launch Nile Coin on Solana
News Summary
Hyperscale Data’s subsidiary BitNile.com will introduce the Nile Coin on Solana starting May 1, 2025. The U.S.–based social gaming site chose Solana for its high throughput and low fees, aiming to enhance in-game economies, reward engagement, and deliver seamless micro-transactions. Details on tokenomics and governance are forthcoming, but management touts Nile Coin as a cornerstone of future gaming experiences.
Source: CoinTrus
Analysis & Commentary
Launching a proprietary token underscores two converging trends: the gamification of finance and finance-ification of gaming. By minting Nile Coin, BitNile.com taps into DeFi mechanics—staking, liquidity pools, NFT rewards—while leveraging Solana’s scalability. Strategically, BitNile.com positions itself for partnerships with NFT marketplaces and DeFi protocols, potentially opening secondary markets for in-game assets and generating new revenue streams beyond ad sales or subscription fees.
2. Dutch Blockchain Week 2025 Gears Up in Amsterdam
News Summary
From May 19–25, Amsterdam will host the sixth annual Dutch Blockchain Week, culminating in the two-day summit (May 21–22) at De Meervaart. Tier 1 exchanges (Bitvavo, Kraken, Coinbase), Web3 pioneers (WOW.ai, Blockrise), regulators (European Commission, De Nederlandsche Bank), and industry partners (Mastercard, Deloitte) will convene. Side events range from AI-powered hackathons tackling compliance to padel networking meetups—underscoring the event’s blend of technology, policy, and community.
Source: Dutch Blockchain Week
Analysis & Commentary
Dutch Blockchain Week typifies the maturation of blockchain conferences into multidisciplinary forums. Beyond token talk and yield farming, panels on regulation, institutional adoption, and security reflect Web3’s integration into mainstream finance. Anticipate announcements on CBDC pilots, DeFi compliance frameworks, and cross-chain interoperability projects that may emerge from the Block & Order Hackathon.
3. Citigroup Predicts Blockchain’s “ChatGPT Moment”
News Summary
In an April 23 report, Citigroup analysts argue that 2025 could be blockchain’s “ChatGPT moment,” driven by regulatory clarity around stablecoins and integration with traditional financial systems. They forecast stablecoin market capitalization ballooning to $1.6 trillion (base case) or as much as $3.7 trillion (bull case) by 2030—anchored by dollar-denominated issuers and collateralized with U.S. Treasuries. Regulatory frameworks like the GENIUS Act could catalyze adoption among banks and fintechs.
Source: Cointelegraph
Analysis & Commentary
Drawing parallels to generative AI’s explosive growth, Citigroup envisions a tipping point where blockchain moves from experimental to essential infrastructure. Successful integration will hinge on robust compliance tools, auditability, and clear governance models. Enterprise blockchain vendors should prepare for surging demand in tokenized payments, on-chain settlements, and embedded DeFi rails within legacy systems.
4. Philippine Blockchain Week 2025 Debunks Crypto Myths
News Summary
Scheduled for June 10–11 at SMX Convention Center Manila, Philippine Blockchain Week (PBW) 2025 will tackle misinformation and spotlight real-world use cases. Highlights include “Crypto, Unpacked” sessions demystifying the technology; “Smart Regulation” panels uniting policymakers and innovators; and “Blockchain for Impact” showcases on remittances, disaster relief, and digital identity. Founding President Donald Lim emphasizes government support and public–private collaboration to spur inclusive growth.
Source: UseTheBitcoin
Analysis & Commentary
PBW exemplifies how emerging markets leverage education to accelerate Web3 adoption responsibly. By engaging regulators early, PBW can shape balanced frameworks that encourage innovation while protecting consumers—an instructive model for markets wrestling with both hype and skepticism.
5. D.O.G.E Foundation Launches New Blockchain, Opens Seed Round
News Summary
The D.O.G.E Foundation announced a ground-up blockchain rebuild designed to solve the scalability and reliability challenges plaguing existing networks. This modular architecture separates validation from execution to enable parallel transaction processing—targeting real-time gaming, DeFi under high load, and AI-driven applications. A seed funding round is now open to investors who share the vision of a performant, decentralized infrastructure.
Source: D.O.G.E Altcoin GlobeNewswire
Analysis & Commentary
As layer-1 congestion and high gas fees persist, new entrants must justify a “why now” with clear architectural advantages. If the D.O.G.E blockchain delivers real-world throughput and maintains decentralization, it could spur a renaissance of high-performance DeFi protocols and NFT platforms hungry for cost-effective base layers.
Conclusion & Key Takeaways
-
Tokenization of Entertainment: BitNile’s Nile Coin on Solana highlights blockchain’s expansion into gaming economies and NFT reward systems.
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Convergence of Tech, Policy & Community: Dutch Blockchain Week showcases Web3’s evolution into an ecosystem engaging regulators, enterprises, and developers under one roof.
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Mainstream Inflection Point: Citigroup’s “ChatGPT moment” thesis suggests blockchain is poised for exponential adoption given regulatory support.
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Education as Catalyst: Philippine Blockchain Week’s myth-busting curriculum underscores the importance of public–private dialogue in emerging markets.
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Infrastructure Innovation: The D.O.G.E Foundation’s modular, high-throughput chain exemplifies the next wave of layer-1 networks addressing real-time, real-world use cases.
Today’s stories convey that blockchain’s next chapter will be written through strategic token launches, global convenings, regulatory clarity, educational outreach, and radical infrastructure redesign. By tracking these threads, industry participants can anticipate opportunities in DeFi, NFTs, Web3 games, and enterprise integration. Stay tuned for tomorrow’s Blocks & Headlines, where we’ll continue to decode the innovations shaping decentralized finance.
The post Blocks & Headlines: Today in Blockchain – April 25, 2025 | BitNile, Dutch Blockchain Week, Citigroup, Philippine Blockchain Week, D.O.G.E Foundation appeared first on News, Events, Advertising Options.
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