New SUN DAO committee to lead autonomous community
Sun.io, a decentralized financial platform, announced plans to form a community management panel named SUN DAO, with intentions to bring about a genuine self-governing SUN ecosystem.
As per the official announcement, ten voluntary delegates will form the initial committee. The panel itself will consist of SUN token holders, who will be taking care of community matters, as well as administering the Vote-for-Listing drive at Sun.io, handling global meetings, and conducting the development plan of the SUN ecosystem.
SUN DAO will be seeking further development by launching worldwide social media communities on platforms such as Twitter, Telegram, Discord, Tiktok, and Weibo. The ten committee members will be elected by the members of the SUN ecosystem, who will respectively arrange consequent votes as well.
It is worth noting that Sun.io was established by Tron, one of the largest blockchain-based operating systems in the world. The interest in DeFi solutions has grown significantly in the past few months, urging most blockchain firms like Tron to step up and fortify their title in the sector.
Tron founder and CEO, Justin Sun, said that while the founding of the SUN DAO establishment might be just a small step for Sun.io, it is a huge leap forward for ecosystem administration.
The autonomous SUN community will be casting their votes using SUN tokens to establish new mining pools. And the SUN token will enable a cross-chain channel between TRX and other cryptocurrencies, that way powering the Tron's DeFi efforts. The Tron foundation has given TRX users and holders the means to earn SUN tokens through wagering on wallets and the sun.io website.