Justin Sun: $12 Million in SunPump Fee Income Incinerated!
CryptoNewsTerminal Staff06 Sep, 2024
Justin Sun: $12 Million in SunPump Fee Income Incinerated!
Justin Sun, founder of TRON, has stated that more than $12 million in SunPump fees have been burned via address X. On the 4th, Justin Sun had previously indicated that $8 million worth of SunPump fees had been burned. SunPump is a decentralized exchange (DEX) on the TRON blockchain that enables users to trade cryptocurrencies without the need for a middleman. The platform is powered by the TRX token, the native currency of the TRON blockchain. Through its SunPump fee burning program, the platform aims to reduce the supply of TRX tokens in circulation, thereby potentially increasing the value of the token.
