SUN to Establish and Hold Elections for Global Community Directors Board (SUN DAO)

Global SUN Community Directors Board (SUN DAO) will hold the first round of election for interim directors starting on October 15th, 2020 (HKT).All SUN holders are welcome to run for directors and contribute to the decentralization of the community. The elected volunteer directors will be jointly governing the community, voting on proposals and the election agenda, etc. You will be working with a strong sense of calling, as your suggestions represent the will of the entire SUN community. Directors on SUN DAO will lead the SUN community towards full self-governance and a brighter future.

SUN DAO will consist of SUN holders. The first board will be made up of 3 SUN interim directors, who will stay in office for a month to discuss over matters of the community, coordinate the upcoming Vote-for-Listing campaign in October at SUN.io, the Meetups across the globe and the strategic growth path of the SUN community.In parallel, SUN will set up global communities on social platforms such as Telegram, Twitter, Weibo, Tiktok and Discord to trigger an exponential growth of the community. SUN DAO is aimed at delivering true autonomy of the SUN community and serving members in an open and transparent manner.

The 3 interim directors will be elected through votes of the SUN DAO group members. Users who have joined the SUN DAO holders’ group will be eligible to cast votes or run for office in the first election. Official elections in the future will be held publicly on Sun.io homepage. (SUN holders can have their position verified to join the group.)

Application time: October 15th — October 17th (HKT)

Eligibility: Holding at least 600 SUN

How to apply: you will receive an application link after your position is verified. Fill in your manifesto, self-introduction (including but not limited to project experience and social media account), snapshot of your SUN position and address and your proposed community governing agenda. Applications will be reviewed by the official SUN team.

SUN DAO announces the list of candidates: October 18th (HKT)

Open voting: October 19th — October 20th (HKT)

Rule: 1 SUN = 1 vote. To cast your vote please provide a snapshot of your address.

1. Select the candidate you want to vote for (you will need to write it down and each user may only vote for one candidate)

2. Please attach your wallet address and the snapshot of your SUN balance (We will count the ballots in the holders’ group and we welcome supervision from group members)

All holders in the SUN DAO group are eligible to vote for the best-suited SUN DAO directors based on their evaluation of the candidates’ profiles and slogans. Candidates may also troll for votes through lobbying. The most-voted 3 candidates will become the first interim directors on SUN DAO. Initial representatives of the SUN DAO Committee will consist of 2 Chinese candidates and 1 English speaking candidate.

You may add Telegram ID: @SUNDAO_Service to verify your SUN position. Once verified, you will be invited to the SUN holders’ group, where the voting kicks off on October 19th, 2020 (HKT). Please follow updates in the group. Results on the SUN DAO election will be announced on social media on October 21st, 2020 and are open to public supervision. You are welcome to join and vote.

Justin Sun, founder of TRON, says: “The long-waited SUN DAO election and a fully open and transparent governance are what the SUN community has always expected. I believe SUN will be an everlasting decentralized space of autonomy. Designed as the quintessential Bitcoin equivalent on the TRON network, SUN token features zero VC investments, zero PE investments, no pre-mining or reserve for the team, and is wholly operated by the community through its open-source smart contracts.TRON foundation is in desperate need of SUN too, hence the recycle of some of SUN in batches from users.Furthermore, with SUN’s future arrival on lending platforms, TRON will develop an integral DeFi ecosystem that covers decentralized lending, token swap and cross-chain applications with JST at the core, empowering community governance and benefiting all community members.”

About SUN

SUN official website: sun.io

Designed as the quintessential Bitcoin equivalent on the TRON network, SUN token features zero VC investments, zero PE investments, no pre-mining or reserve for the team, and is wholly operated by the community through its open-source smart contracts.SUN Genesis Mining officially kicked off on September 2nd. Please follow official instructions to participate in SUN mining. We currently support wallets such as TronLink, imToken, TokenPocket and Bitpie.

SUN Foundation

2020/10/13