According to BlockBeats, on September 3, Justin Sun announced the detailed plan for distributing SunPump protocol revenue to the community on social media. This is an initial proposal that will be submitted for community discussion. Once the final vote is passed, it will be officially implemented.
All revenue generated by SunPumpMeme will be fully returned to the community through liquidity donations. The revenue generated by SunPumpMeme will be converted into SUN/TRX liquidity provider tokens (LP tokens). These tokens will be converted on Sunswap V2 and then sent to a black hole address, ensuring that the liquidity can never be withdrawn.
This approach enhances compliance, continuously accumulates liquidity, and stabilizes the price of the SUN token, allowing SUN to grow alongside the TRON network. The process of liquidity donation is as follows:
- Determine the amount of liquidity donation based on SunPump's revenue.
- Use the full revenue to buy back SUN tokens.
- Add liquidity to the SUN/TRX liquidity pool.
- Destroy the LP tokens obtained by adding liquidity.
- Publicly disclose the transaction hash of the corresponding operations to complete the liquidity donation.
