$SUN 🔥 Community decided that SUN will directly implement on-chain buyback and destruction!
After the community discussed the best way to buyback and destroy SUN tokens, community members had suggested the use of a solution to destroy liquidity LP tokens. This method has been widely used in other mainstream Meme token projects, such as SHIB. The advantage of destroying LP tokens is that it can increase the liquidity depth of the token and allow the destroyed liquidity to continue to be utilized, thereby enhancing the market performance of the token, while also being more conducive to future regulatory challenges.
However, the complexity of destroying LP tokens has become a potential problem. Many community members do not fully understand the meaning of destroying LP tokens, which may lead to misunderstandings and unnecessary confusion.
To solve this problem, the community reached a consensus after in-depth discussion: the better way is to implement a 100% on-chain buyback and destruction process.
The advantage of this method is that it is simple, transparent, and easy to verify. All fund destruction records will be made public on the blockchain, making the entire process clear and visible without the need for complex explanations. This on-chain buyback and destruction scheme is considered the most direct and effective way and will be officially implemented starting today.
This new approach not only strengthens the community's confidence in the SUN token, but also lays a solid foundation for future market performance. Under this transparent destruction mechanism, the value of SUN tokens is expected to increase steadily!
