1/ We are excited to announce the launch of sunSBR, the first liquid staking governance derivative on
#Solana
!
A thread on what this means for SBR, Sunny, and DAOs on Solana: 👇
The exact amount of SUNNY to be airdropped to each Osmosis address is now published. The calculation methodology is fully transparent and the source code can be verified by anyone.
The code for the Sunny Osmosis airdrop is now finished and tested locally. Now awaiting a final internal smart contract safety review before the Osmosis airdrop goes live soon!
We are working on integrating the Saber airdrop into Sunny. It was open sourced last night, and we have already written the smart contracts for the Sunny side. You will be able to claim the Saber airdrop in the Sunny app when we release the interface in the next few days.
Update on
@Saber_HQ
migration: the team is working diligently to switch over to Saber's new farm contracts.
We hope to complete this within the next few days. We will post updates on Twitter and Discord as they come.
Appreciate your patience 🙏
Thank you to the Sunny community for your support and patience during our migration to the new
@Saber_HQ
@QuarryProtocol
contracts. Our team has written the new contracts, integrated them with our frontend, and we are writing the migrator tool now. We will deploy soon.
Sunny has migrated to the new Saber pools. You will be able to migrate on September 29 at 21:00 UTC. All $SUNNY yields will move to the new pools on September 29 at 23:00 UTC. $SUNNY yields will be 2x for the next 10 days.
The SUNNY airdrop to Osmosis holders is now live! You can connect your Keplr wallet and claim to your Solana wallet in the airdrop app at . Alternatively, a link to the SUNNY airdrop app can be found in the footer of the Sunny website.
☀️ We're excited to announce that Sunny Aggregator is officially launched on the
@Solana
Mainnet!
You can now deposit real funds into Sunny, and start earning $SBR yields with
@Saber_HQ
LP tokens.
$SUNNY governance is now live on
@TribecaDAO
! The first governance gauge vote will end on January 23rd at 23:59 UTC. This means that per-pool allocation of $SUNNY will soon be determined by veSUNNY voters.
Step Finance is a convenient Solana wallet dashboard that now shows your Sunny deposits. The
@StepFinance_
team was great to work with, and they are building something awesome! Check it out at
After this migration, we will be releasing a mechanism for automatic yield compounding. We will also be adding yield from more great
@Solana
DeFI protocols.We are working hard to make Sunny the premier yield aggregator on
@Solana
☀️
The
@Sonarwatch
team was a joy to work with! They are so fast in integrating new smart contracts and have deep knowledge on reverse engineering in Solana. Very bullish on the Sonar team!
The circulating supply of SUNNY is 2.6B (13% of hard cap). Max supply of SUNNY is 19,884,700,000, and will never exceed this amount. 0.06%/day is the current farming emission rate.
Here is a thread on more facts about $SUNNY 🧵
You can now check if you are eligible for the $SBR airdrop by visiting the Sunny app.
A button to claim will show up if you are eligible. The snapshot numbers comes from Saber, and not all pools may have been included in the Saber snapshot.
Now that the migration, Saber airdrop, and SUNNY airdrop to Osmosis holders is finished and running smoothly, we're back to improving Sunny. Next up is integrating more protocols and helping other protocols integrate with Sunny.
Bull market: Great, a time of prosperity.
Crab market: Great, a time of stability.
Bear market: Great, a time to continue buidling while the competition is scared.
We are currently developing the Sunny V3 mining contracts. This V3 system enables Sunny users to earn rewards in pools with 2+ reward tokens (such as $SBR + $LUNA when it launches). Migrations will be minimal as V2 and V3 pools will coexist.
99.5% of Sunny TVL has already migrated to the new pools. If you still haven't migrated and need support, please join the Discord chat and we will do our best to help you.
Saber acUSD-USDC LP can now be deposited into Sunny and will earn $SBR + $SUNNY rewards soon! acUSD is
@CeloOrg
USD bridged onto Solana via
@Allbridge_io
.
Emissions rate of SUNNY will also change tonight (October 27) at 23:00 UTC due to it being the 60th day since the SUNNY token launched. The daily yield farm emission of SUNNY is being reduced from 0.10% to 0.06% of total supply per day.
Users can now deposit mSOL-SOL LP into Sunny and earn SUNNY rewards. mSOL is
@MarinadeFinance
's liquid staking solution. This means you can earn three types of reward on Sunny: SOL, SBR, SUNNY!
4400
@osmosiszone
users have claimed their SUNNY airdrop! The current rate of claiming suggests that the majority of users who wanted to claim in the short term have already done so.
Sunny will support this soon! Users will be able to earn other assets on specific deposits. And the Sunny DAO will grow more diversified too.
Hint: Theres at least 3 tokens other than $SUNNY + $SBR, can you guess which?
Over 85% of deposits in the old Sunny pools have been migrated already in just 24 hours. If the migration tool did not work for you, please use this temporary site to manually access your funds on the old pools.
Rewards for the Saber Port Finance 2pool are now live on Sunny. For instructions on how to deposit into this new pool and earn $SBR + $SUNNY +
@port_finance
lending interest, see the Sunny Medium announcement.
Saber xLUNA-LUNA LP deposits in Sunny will start earning $SUNNY + $SBR on January 15 at 23:00 UTC.
xLUNA is synthetic LUNA from
@synthetify
. LUNA is LUNA bridged through
@wormholecrypto
.
Sunny is migrating rewards from the Saber UST & LUNA Wormhole V1 LPs to the Wormhole V2 LPs. At 23:00 UTC on November 20th, $SUNNY rewards will be active on the new V2 pool and rewards will no longer be active on the old V1 pools.
You can now deposit Saber wFRAX-USDC LP (Wormhole v2 FRAX) into Sunny and earn $SBR + $SUNNY soon! FRAX is an innovative algorithmic stablecoin from the
@fraxfinance
protocol.
Tonight's new pool launch went live at exactly 23:00 UTC like announced. Users expect precision, and we want to deliver. In the future, you can expect launch times announced by Sunny to be accurate.
You can now deposit weUSDT-USDT LP into Sunny and earn $SBR + $SUNNY soon. weUSDT is the Ethereum ERC20 USDT (Tether) bridged to Solana via Wormhole V2.
The Sunny Sunday votes just finalized for the 5th epoch. The big winners this epoch are 16.5% APY for USDCet-USDC (
@wormholecrypto
) and 24% APY for UXD-USDC (
@UXDProtocol
).
Users can now deposit Saber MAI-USDC LP and earn $SBR + $SUNNY rewards soon. $MAI is a stablecoin from the
@QiDaoProtocol
bridged to Solana using
@Allbridge_io
.
The Wormhole V1 Saber LPs of FTT and SRM are no longer earning SBR or SUNNY yields because Wormhole V1 assets have been migrated to Wormhole V2.
If you have V1 LPs deposited, claim your existing rewards first, then move your deposits to continue earning yield.
The attacker in the CASH incident claims to have sent USDC back to holders of CASH-USDC LP to users with less than 100k. If your Sunny vault received USDC, you will be able to claim it in the next few days once the token rescuer is implemented.
Saber afDAI-USDC LP deposits in Sunny are now earning $SUNNY + $SBR. afDAI is the first asset from
@FantomFDN
(bridged through
@Allbridge_io
) to be added to Sunny.
The
@CashioApp
protocol behind the CASH stablecoin which just launched on Sunny today actually deposits all collateral into Sunny. That means for every $1 in CASH in existence, there is more than $1 staked into Sunny!
Saber UXD-USDC LP will start earning $SUNNY on January 19 at 23:00 UTC. UXD is a novel algorithmic stablecoin from
@UXDProtocol
. Deposits will automatically start earning $SBR rewards once $SBR rewards go live.
Convex pays out 1% of all platform earnings to MEV because ETH gas is so expensive. Sunny won't have to do so because the "cost" is borne by Sunny users.
... a marginal cost of 0.000000000 SOL.
2/ A quick primer—
@ConvexFinance
exposes a form of LTMEV when compounding must occur on their CRV rewards.
@ConvexFinance
incentivizes callers to compound the CRV by giving them 1% of the CRV.
Only when $CRV received > $ETH spent does it make sense to call earmarkRewards()!
Saber aaWBTC-renBTC LP will start earning SUNNY at 23:00 UTC. The aaWBTC will have made many hops to arrive in Sunny: BTC -> Ethereum WBTC -> Ethereum WBTC on Avalanche -> Allbridge Avalanche WBTC on Solana > Saber > Sunny 🤯
How is there still more than $1M in the old Sunny pools earning zero rewards😂? If you have troubles migrating, join the Discord and we are happy to help you move your deposits to more productive places.
The votes for the 3nd
#SunnySunday
epoch has finalized. The big winner this round is USDCet-USDC LP. Some big SUNNY staker seems to really like
@wormholecrypto
USDC 🤔...
Saber USDTbs-USDT LP deposits in Sunny will start earning $SUNNY + $SBR on January 4 at 23:00 UTC. USDTbs is USDT from
@BinanceChain
(bridged through
@wormholecrypto
V2).
Interesting first proposal made by the community. The performance fees are stored in a separate ATA owned by the PDA of each Sunny Pool, which is why there is not single wallet holding all the performance fees. So there actually isn't a "wallet address".
The initial Sunny contributors have NEVER been in contact people like
@cryptomanran
, and will continue to NEVER make contact. While we appreciate people spreading news about $SUNNY, we intend to unaffiliated with price talk. We focus on buidling for the long term instead.
7/8