According to ChainCatcher, Justin Sun, founder of TRON, said that the community agreed to adopt the SunPump revenue return to the community to directly implement a 100% on-chain repurchase and destruction process, and the plan will be implemented starting today.
Justin Sun explained that the community had previously suggested destroying liquidity LP tokens. This method has been adopted by mainstream Meme coins such as SHIB. The advantages include increasing the liquidity depth of tokens and complying with regulatory requirements.
However, the LP token destruction process is difficult to explain and may lead to misunderstandings. The community agreed that a better way is to directly implement a 100% on-chain buyback and destruction process, making the fund destruction record simple and clear without explanation.
