According to Foresight News, Sui ecological domain name service SuiNS announced a reorganization into a decentralized protocol that will allow users to govern through the SuiNS token NS.

57% of NS tokens are allocated to the treasury to fund additional features, support, and maintenance of the platform; 28% are allocated to core contributors and early supporters; 10% are allocated to community members who interact with the protocol; and 5% are reserved for users who actively participate in governance in the future.