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ETH $2,494.90 -0.17%
BNB $739.74 -1.56%
XRP $1.40 -1.58%
SOL $104.09 -1.55%
TRX $0.3345 -0.43%
DOGE $0.0906 +0.44%
ADA $0.2210 +0.04%
BCH $260.58 +1.03%
LINK $12.78 -2.27%
HYPE $85.30 -3.04%
AAVE $132.43 -0.73%
SUI $0.8322 +3.03%
XLM $0.1928 +4.11%
ZEC $1,155.60 -5.03%

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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