Sun Yuchen Justin's Ten Questions and Answers: In-depth Analysis of the Breakthrough Path of the New Engine SunPerp in the TRON Ecosystem

Recently, Justin Sun, the founder of TRON, revealed the much-anticipated "big move" on social media—SunPerp, a new decentralized perpetual contract exchange based on the TRON network. The launch of this product quickly ignited discussions within the community and is seen as an important piece of the TRON DeFi ecosystem. To help everyone gain a deeper understanding of SunPerp's strategic layout, unique advantages, and future plans, we have compiled the top ten core questions from the community along with their official answers to provide a comprehensive analysis of this highly anticipated new platform.

Question 1: Recently, Justin's popularity and traffic on Twitter have been very high. Everyone knows he has been working on a big move, and we now know it's the Dex product SunPerp. As the initiator and committee member, could you briefly introduce this product?

Justin: SunPerp is a decentralized perpetual contract exchange based on the TRON network, which will expand to multi-chain in the future. The product is currently in the early public testing phase, and the team will focus on building infrastructure, including liquidity. I am also intensively testing SunPerp, and the deposit, withdrawal, and trading processes are smooth. We also plan to hold a major product launch event during the Token 2049 conference.

Question 2: The Perp DEX market is already very competitive. What considerations led to the launch of SunPerp at this time, and how will it compete for market share? What unique advantages and strategies will it have?

Justin: From the defensive strategy of the public chain ecosystem, the layout of Perp DEX is crucial for TRON. The TRON network has the widest range of USDT usage scenarios, and there is a huge demand for perpetual contract trading. The launch of SunPerp is timely. Although we are entering the market later, we are confident in the development of SunPerp. Our team is focused on refining the product to ensure smooth trading and market depth, and we will continue to introduce innovative assets to solidify our underlying services and gain a competitive edge.

Question 3: How will SunPerp attract original traffic and users? What route will it take?

Justin: Currently, SunPerp is in the first phase of public testing, and some key growth features like leaderboards and points systems are not yet online. Our strategy is to "first get 1 running, then add 0," prioritizing the refinement of the core product experience to ensure smooth trading and market depth. Once the foundation is solid, we will gradually introduce liquidity mining, points, and other growth features. Of course, all user trading data will be recorded, and once the mechanisms for points, leaderboards, and airdrops are launched in the future, this data will be recognized.

Question 4: What unique advantages does SunPerp have based on TRON? Will it conflict with the business of Huobi HTX?

Justin: I believe the current Perp DEX market is still in its early stages, so the competitive pressure is not high. The key is to refine the user experience to a level that can compete with CEX. At this stage, we will prioritize ensuring trading smoothness and market depth, perfecting the core experience first. Once the foundation is solid, we will gradually launch features like points airdrops, trading mining, and wealth management. Our current goal is to first acquire 2,000 daily active trading users to complete the cold start and establish a basic user base, then gradually expand to 20,000 and ultimately to 200,000 users to achieve a scale that can compete directly with CEX.

Question 5: Aster's points system and "Yubi Bao" have been very popular recently. Justin is known for his innovation. What benefits and new features will SunPerp bring to users and fans? How do you view the long-term value of such features for the project?

Justin: First of all, I am very optimistic about the long-term value of SunPerp. Firstly, SunPerp can follow hot assets around the clock in real-time, and in the future, we may cover all existing contracts in the market to meet everyone's trading needs. Secondly, regardless of the hot tokens, they will ultimately settle in USDT, which is simple and convenient. Thirdly, being on TRON is actually a significant advantage because TRON has the most USDT usage scenarios and users, which are all advantages.

Question 6: What ranking does SunPerp aim to achieve in the industry?

Justin: My requirement for the team is to aim for the industry’s top standard. Although the final ranking will depend on market performance, I am very confident because we have significant advantages in USDT settlement and user experience. As one trader said, trading on other platforms often requires multiple asset conversions and is cumbersome; here, users can directly trade using USDT within the same ecosystem, providing a smoother experience.

Question 7: Does SunPerp have any plans for decentralized governance? How can users participate and contribute to SunPerp? Are there any plans for airdrops?

Justin: I believe that the most important task for SunPerp right now is growth. Therefore, we will also implement the most direct and effective growth tools such as rebates, airdrops, and referral programs, which will be the core of the second version. In terms of community building, our primary goal is to let more people know that they can directly trade contracts using USDT on TRON, with no KYC, low fees, and controllable costs. This is also the purpose of today's AMA. At the same time, we will integrate incentives into every aspect of user trading, allowing early participants to benefit.

Question 8: Other platforms have many benefits. What benefits can SunPerp offer to everyone?

Justin: SunPerp will bring threefold benefits to users: First, we will provide the lowest contract rates in the industry; Second, we will soon launch a "Deposit to Earn Real Gold" campaign, which will effectively refund users' trading gas fees; Third, we will gradually roll out rebates, points, and other mainstream user acquisition methods in the industry.

Question 9: How does SunPerp plan to tackle the initial liquidity challenge? Will there be trading mining activities in the early stages?

Justin: SunPerp will strive to create an extremely smooth trading experience, promoting perpetual contracts to become a more important trading tool than spot trading. In terms of incentive mechanisms, SunPerp will also introduce models similar to "deposit mining," supporting instant deposits and withdrawals, as well as "trading mining," where users will receive SUN token incentives for opening positions on SunPerp, significantly enhancing user participation and profitability.

Question 10: There are many native USDT users on the TRON chain, but they may only use it as a payment channel and not for trading. How will you convert these users into SunPerp users?

Justin: The idea that TRON payment users will naturally convert into trading users is a fallacy. Many users only use TRON for transfer payments and have not entered the trading field. The main reasons are the insufficient trading depth on-chain, limited asset types, incomplete coverage, and an imperfect trading experience. However, these issues are not insurmountable. If we can achieve levels of asset coverage, capital efficiency, and trading depth comparable to CEX, the large payment user base on TRON could very well convert into trading users on SunPerp.