On December 27, SUN.io officially announced that the 37th SUN token repurchase and destruction has been successfully completed. From November 28 to December 26, a total of 15,247,017.9853 SUN tokens were destroyed, all of which have been transferred to the black hole address for permanent destruction.
Since the launch of the repurchase and destruction mechanism on December 15, 2021, SUN.io has destroyed a total of 475,561,690.49 SUN tokens, of which 314,546,620.33 came from the SunSwap V2 platform and 161,015,070.16 came from the SunPump platform.
This repurchase and destruction has significantly reduced the market circulation of SUN tokens, further optimized the supply and demand balance of tokens, and laid a solid foundation for improving its long-term value and the stability of the ecosystem. This move fully demonstrates SUN.io’s firm commitment to promoting community prosperity and ecologically sustainable development.