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About sunTokens

sunTokens are tokenized veTokens

sunTokens, or sunTOK for short, are liquid staking governance tokens backed 1:1 by Tribeca voting escrow tokens (veTokens).

  • If a user deposits SBR into Sunny, that SBR is locked forever on the platform as veSBR.
  • A tokenized version of veSBR, sunSBR, is returned to the user at a 1:1 rate.

sunSBR Staking

  • sunSBR can be staked into the platform to receive normal Saber admin fees one would get for staking their veSBR on Tribeca.
  • Additionally, users staking sunSBR will receive SBR from Sunny's performance fee, as well as the platform native token SUNNY.