TechFlow news, on November 21, according to an official announcement, the decentralized contract trading platform Sun Wukong will launch its first "trading mining" event from 20:00 on November 21 to 20:00 on December 6 (UTC+8), with a total prize pool reaching up to 1.35 million USDT.
During the event, users participating in BTC/USDT, ETH/USDT, and SUN/USDT perpetual contract trading will receive additional $SUN token rewards on top of full fee rebates. Maker users can enjoy up to 108% fee rebates, while Taker users receive 105% fee rebates.
Furthermore, this event will deeply empower the $SUN token economic model. Throughout the event, all transaction fee revenues generated by participants in the designated trading pairs will be fully used to repurchase $SUN tokens on the Huobi HTX platform, supporting their stable value growth. The repurchased $SUN tokens will be completely burned at the end of each quarter (exact timing to be announced separately), creating continuous deflationary effects to reward long-term ecosystem supporters.
