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BCH $204.29 -0.13%
LINK $9.34 -1.36%
HYPE $57.23 +1.53%
AAVE $85.90 -0.70%
SUI $0.6778 -0.80%
XLM $0.1570 -0.62%
ZEC $485.64 -0.98%

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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