Token

2024

Foundation

<ul class="news-points">
 <li><strong>Sui Foundation ensures transparency by disclosing token allocations, fostering trust in its emission plan.</strong></li>
 <li><strong>Locked tokens are strategically utilized to support essential ecosystem functions for growth.</strong></li>
 <li><strong>Reinvesting staking rewards promotes fairness despite concerns over distribution raised by some figures.</strong></li>
</ul>
<p>In response to recent community concerns regarding the token supply of Sui, Wu Blockchain, a crypto news reporter, reports the official statement from <a href="https://coinedition.com/analyst-criticizes-suis-centralization-alleges-suis-supply-chart-is-lie/" rel="noopener noreferrer nofollow">Sui</a> addressing the doubts. According to the statement, Mysten Labs’ founder does not control crucial aspects such as the Sui Foundation treasury, stake subsidies, or investor tokens.</p>
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">In response to community doubts, Sui's official response stated: The founder of MystenLabs does not control the Sui Foundation treasury, the community reserve, stake subsidies, or any tokens allocated to investors. Sui Foundation is the largest holder of locked tokens. 100% of… <a href="https://t.co/ejv8Td9Pau" target="_blank" rel="noopener noreferrer nofollow">https://t.co/ejv8Td9Pau</a></p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1787001463283265758?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 5, 2024</a>
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<p>However, despite the clarification, there have been discussions on social media platforms regarding the token allocation, especially as <a href="https://coinedition.com/sui-overflow-hackathon-funding-pool-balloons-to-1000000-as-new-sponsors-join/" rel="noopener noreferrer nofollow">Sui</a> marks its one-year milestone. The debate rev…</p>
<p>The post <a href="https://coinedition.com/sui-foundation-addresses-concerns-over-token-supply-distribution/" rel="noopener noreferrer nofollow">Sui Foundation Addresses Concerns Over Token Supply Distribution</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Sui Foundation Addresses Concerns Over Token Supply Distribution

Coin Edition

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