![Sun [New] logo](https://s2.coinmarketcap.com/static/img/coins/64x64/10529.png)
The project product contains rewards derived from the lending protocol.
| Category | Details | Status |
|---|---|---|
| Legitimacy | Not regulated by any countries or regulatory bodies. The project has a clear roadmap and genuine product on the blockchain, while the token/coin has a fundamental underlying value that allows it to be categorized as "Mal". | Passed |
| Project | The project offered various DeFi products in the protocol. Overall the products offered in the protocol are neutral, however, there is one section in the platform Century mining that promotes lending protocol by JUST protocol. Users will Stake TRX into SUN's smart contract and after the completion of Genesis Mining, the smart contract will be rewarded by probably from lending protocol. | Failed |
| Financials | The token is not backed by any equity, thus there is no financial screening on this token. | Passed |
| Token | The token is used to stake and interact with all the Defi products by Sun protocol. | Passed |
| Staking Method | The staking method mechanism by this protocol complies with Shariah's rulings. Staking in Sun Locking will be rewarded by 50% of fees from stablecoin. | Passed |
Read the source document and verify project fundamentals.