Sun Wukong launches the first phase of the "Trading Mining" event: participate to share a prize pool of 1.35 million USDT

According to the official announcement, the first phase of the "trading mining" activity on the decentralized contract trading platform Sun Wukong will take place from November 21, 20:00 to December 6, 20:00 (UTC+8), with a total prize pool of 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 a full refund of transaction fees. Among them, Maker users can enjoy up to 108% fee refund, while Taker users enjoy a 105% fee refund.

In addition, this event will deeply empower the $SUN token economic model. During the event, all transaction fee income generated by users participating in the activity will be used to repurchase $SUN tokens on the Huobi HTX platform to support the stable growth of its value. The repurchased $SUN tokens will be fully destroyed, with the destruction taking place at the end of each quarter (specific timing will be notified separately), providing a continuous deflationary effect to reward long-term supporters of the ecosystem.