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BTC $79,083.87 -0.76%
ETH $2,485.83 +0.08%
BNB $743.81 -0.15%
XRP $1.40 -0.76%
SOL $104.27 -1.47%
TRX $0.3348 -0.07%
DOGE $0.0903 +1.80%
ADA $0.2204 +1.54%
BCH $259.80 +1.39%
LINK $13.00 +6.69%
HYPE $86.67 -2.11%
AAVE $132.50 -0.83%
SUI $0.8247 +4.00%
XLM $0.1917 +4.06%
ZEC $1,180.41 +2.16%

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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