Introduction
On April 26th, the Sui ecological social protocol Suia announced the release of Token SUIA, with a total of 100 million SUIAs, and 7% to be allocated to the community access plan a
On April 26th, the Sui ecological social protocol Suia announced the release of Token SUIA, with a total of 100 million SUIAs, and 7% to be allocated to the community access plan and immediately unlocked; 13% will be allocated to early contributors and linearly unlocked over 20 months; 20% will be allocated to the team and linearly unlocked over 40 months; 60% will be allocated to the community and linearly unlocked over 50 months. SUIA will be used for governance and user motivation.
Sui Ecological Social Protocol: Suia to Release Token SUIA
Suia, a leading ecological social protocol, has recently released a new token – Token SUIA. The total supply of the token is 100 million, with different allocations for various groups like the community, early contributors, and the team. SUIA aims to promote governance and user motivation for its platform.
# Understanding SUIA Token
Total Supply
The SUIA token was released with a total supply of 100 million.
Token Allocation
Community Access Plan
7% of the total token supply will be allocated to the community access plan and will be immediately unlocked.
Early Contributors
13% of the total token supply will be allocated to the early contributors and will be linearly unlocked over 20 months.
Team
20% of the total token supply will be allocated to the team and will be linearly unlocked over 40 months.
Community
The remaining 60% of the total token supply will be allocated to the community and will be linearly unlocked over 50 months.
Token Usage
The SUIA token will be used for governance and user motivation.
# Benefits of SUIA Token
Governance
The SUIA token ensures community participation in decision-making related to the ecological social protocol. Users can use the token to participate in voting, thus promoting decentralization.
User Motivation
The SUIA token offers incentives to users of the ecological social protocol. Users can earn SUIA tokens by participating in various activities like content creation, promotion, and product improvement.
# Conclusion
The release of Token SUIA is a significant step towards promoting governance and user motivation in the ecological social protocol space. Its token allocation policy ensures equality and promotes long-term sustainability.
# FAQs
Q1. What is the total supply of Token SUIA?
The total supply of Token SUIA is 100 million.
Q2. How is the SUIA token used?
The SUIA token is used for governance and user motivation.
Q3. What percentage of Token SUIA is allocated to the community?
60% of the total token supply is allocated to the community.
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