What is Sunny Aggregator?
With the similar mechanism as Yearn Finance on Ethereum, Sunny Aggregator is a yield aggregator that gives manage in excess of agriculture for end users primarily based on the Solana blockchain. Sunny is made with aggregation in thoughts, permitting you to conveniently construct apps and protocols on leading of it.
Many DeFi tasks give token-primarily based agricultural incentives as a mechanism to initiate liquidity. With so several Defi tasks launched on Solana, it gets to be even additional hard for end users to control their “farms” when they are individually situated in unique destinations.
This has led to the want to use the Yield Aggregator instrument to develop a answer that aids synthesize these “farms”. The aggregator can then give added methods to optimize revenue for end users, this kind of as automobile-dial attributes, and so forth.
How Sunny Aggregator performs
Similar to Yearn Finance’s yTokens, Sunny employs agTokens. When end users deposit revenue into Sunny pool, they will get agToken which represents the share price of that pool. agToken follows Solana’s SPL token typical and can be conveniently employed by any protocol on Solana.
Specifically, you can have an understanding of the following:
Let’s say a Pool begins with one thousand USDC and one thousand agUSDC. It signifies one agUSDC is really worth $ one and for just about every one USDC deposit, end users will get one agUSDC.
Now, let us say that Pool has offered and is up three%. The pool now has $ 1030 USDC and one thousand agUSDC every single agUSDC is really worth $ one.03 and for just about every one USDC consumer deposit, they will get one / one.03 = .9708 agToken.
This model is not new, it has established successful when implementing Yearn Finance or Alchemix tasks.
Token use situation
SUNNY is the governance token on Sunny Aggregator and is employed as a reward for LP companies for the platform.
Specific details about the token use situation will be offered even more when the undertaking begins mainnet.
Some fundamental details about the SUNNY token
- Token title: SUNNY AGGREGATOR token
- Token symbol: SUNNY
- Blockchain: Solana
- Contract tackle: SUNNYWgPQmFxe9wTZzNK7iPnJ3vYDrkgnxJRJm1s3ag
- Total provide of tokens: 19.884.700.000 SUNNY
SUNNY Token Assignment
SUNNY tokens are allotted as follows:
- Initial contributors: 52%
- DAO Treasury: 26%
- Mining Reserve and Air Launch: 22%
Token unlocking system
Updating.
Roadmap
In the foreseeable potential, the crew will carry out a undertaking audit, the rest will not have a Roadmap in the potential.
Partners and supporters
Updating.
How to earn SUNNY coins
Until now, to very own SUNNY, you can obtain on DEX exchanges: Aldrin.com, Bonfida.org or trade with USDC on Symmetry.fi
How to earn rewards in SUNNY applying Sunny Aggregator:
- Step one: Prepare the USDC / USDT pair in the wallet.
- Step two: go to: https://app.saber.so/
- Step three: Deposit into the USDC-USDT Saber pool to get Saber LP tokens. (Like a certificate that offered LP to the pool).
- Step four: indicator in https://app.sunny.ag/ and connect the wallet.
- Step five: Deposit Saber LP in Sunny pool.
- Step six: declare your reward.
Storage wallet SUNNY coin
SUNNY is a Solana blockchain token, so you can keep it on wallets that assistance this typical like: Sollet.io, Coin98wallet, and so forth.
The potential of the Sunny Aggregator undertaking, must you invest in SUNNY coin?
With the Solana ecosystem receiving more powerful, the trouble that Bootstrap is liquid giving a enormous APY is the selection for new tasks. So, Sunny Aggregator has performed a wonderful career in this regard by constantly breaking TVL data with in excess of $ one.five billion in just two weeks. This seriously helps make him a likely new Solana unicorn.