ChainCatcher reported that SunPump announced on the X platform that SUN.io will soon launch the new SUN Boost feature. This innovative upgrade will transform the yield farm model from an approval system to a free listing model, bringing unprecedented opportunities for Meme projects on the SunPump platform and further stimulating market vitality.
After the SUN Boost function upgrade, project owners can customize LP lock-up periods, set revenue tokens, adjust transaction fees, and fully control project operations. SUN Boost also introduced Gauge and bribery modes to redistribute token rewards to new LP providers, bringing users more opportunities to participate in high-quality projects.
The Gauge mechanism is an incentive tool that incentivizes liquidity providers by rewarding veSUN. Users can obtain veSUN by staking $SUN. The longer the staking time, the more veSUN they get, thereby increasing their voting weight and influence in the Gauge system. The bribery mechanism allows project parties to influence the distribution of token rewards by increasing the voting weight of veSUN, thereby dominating the use of SUN.io protocol resources. veSUN holders can not only participate in governance and bribery, but also enjoy generous ecological rewards.
SunPump stated that the launch of SUN Boost will provide new and fair growth opportunities for Meme projects on the platform and accelerate the development of the TRON Meme ecosystem.
SunPump is the first platform in the TRON ecosystem that focuses on the fair launch of Meme coins. Since the Beta version was launched on August 13, the SunPump platform has performed strongly. As of August 31, 70,471 projects have been created on the platform, with an average of 3,709 new projects added per day, and user participation continues to rise.