SuiNS announces its NS token economic model, with 10% allocated to eligible community members

According to PANews on August 9, Sui ecological domain name service SuiNS announced its reorganization into a decentralized protocol, which will allow users to govern through the protocol token NS.

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