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TRX $0.3318 -0.68%
DOGE $0.0698 +0.18%
ADA $0.1801 -0.92%
BCH $201.49 -2.29%
LINK $8.83 +1.32%
HYPE $55.66 -3.83%
AAVE $86.24 -1.13%
SUI $0.6783 -0.74%
XLM $0.1600 +0.40%
ZEC $488.08 +0.24%

Sui ecological domain name service SuiNS announces its token economic model, with 10% to be airdropped to the community

2024-08-09 23:16:13

According to ChainCatcher news, Sui's ecological domain service SuiNS has announced its restructuring into a decentralized protocol, which will allow users to govern through the protocol token NS.

It is reported that 57% of the NS tokens will be allocated to the treasury to fund additional features, support, maintenance, and more for the SuiNS platform; 28% of the NS tokens will be allocated to core contributors and early supporters; 10% will be allocated to community members interacting with the SuiNS protocol; and the final 5% of NS tokens will be reserved for users who actively participate in SuiNS governance in the future.

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