Sui Foundation denies selling staking rewards on exchanges like Binance

2023-06-28 08:58:29
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ChainCatcher message, in response to previous doubts, the Sui Foundation tweeted that it has gradually increased the supply of SUI tokens as planned to enhance ecosystem liquidity. This plan has been disclosed from the very beginning and has never exceeded the market capitalization reported by Coinmarketcap. The Sui Foundation has not sold staking rewards or any other locked and non-circulating SUI tokens on Binance or elsewhere. All internal token distributions are still subject to lock-up and other transfer restrictions and compliance. The Sui Foundation will soon release a detailed plan regarding the token release schedule. (Source link)

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