Sui

$SUI
unverified

According to my research, I have found that the tokenomics of SUI are not consistent, which can be confusing and make it difficult to determine which sources to trust. At the time of the token's listing on various exchanges (TGE), 555.6 million SUI tokens were unlocked, which accounts for approximately 5.56% of the total token supply. These unlocked tokens came from allocations designated for the "Foundation" (28.6 million tokens), "Market Maker" (288 million tokens), "Community Access" (199 million tokens), and "Binance Launchpool" (40 million tokens). It's worth noting that the Binance Launchpool allocation has been completely unlocked.

In addition to the above allocations, the "Community Access" allocation includes tokens intended for the project's community through activities like public sales and whitelisting. As part of the whitelisting process, a total of 144 million SUI tokens were allocated to users through three exchanges: Bybit (94 million SUI), Kucoin (25 million SUI), and OKX (25 million SUI). Furthermore, the Sui Foundation evenly distributed a total of 450 million SUI tokens between Kucoin and OKX for the public sale, which will be gradually released to the community over a 13-month period.

➡️ The issue that arises here is that when adding up the total tokens from the two parts mentioned, we get a sum of 594 million SUI tokens (94 + (225 + 25) + (225 + 25)) for the Community Access allocation, which is equivalent to 5.94% of the total token supply. However, according to Binance Research, they have stated that only 5.88% of the total token supply is allocated to this part of the allocation. This indicates a shortfall of 6 million SUI tokens. Show Less

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