Introducing SuiNS Decentralized Token Distribution Plan

SuiNS, a platform designed to enhance decentralization and community governance, has announced its NS token distribution strategy. The plan aims to allocate tokens to treasuries, contributors, and governance rewards. In total, 500 million tokens will be issued, with 57% dedicated to treasuries and 22% controlled by token holders through governance voting.

The remaining 35% will be managed by the SuiNS Foundation to support the protocol’s operations. Additionally, 10% of the token supply will be used for a community airdrop, and 28% allocated to core contributors and early backers. Finally, 5% will be set aside for governance rewards, encouraging active participation in governance decisions.

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