According to official news, SUN.io, a DeFI platform based on the TRON public chain, announced the official establishment of SUN DAO. This move aims to further promote the decentralized governance and community autonomy of the platform, expand the application scenarios of SUN tokens, and continue to promote the development and long-term governance of the SUN.io protocol.
The core security elements of SUN DAO mainly include protocol functions and SUN tokens. Protocol functions mainly cover community participation, incentives, self-regulation and policy management, and are managed through on-chain proposals. SUN tokens will also serve as an important part of platform governance, encouraging community members to participate in governance and proposals.
It is reported that SUN.io integrates functions such as stablecoin exchange, pledge mining and autonomy, and provides decentralized financial services including support for Dominica's national legal digital currency exchange. As of July, SUN.io's total pledge volume has reached US$431 million.