Recently, there have been some misleading posts issued about Sui’s token supply.
Let’s set the record straight, starting with the basics: locked tokens are locked by third-party custodians. They cannot be moved, and are safely custodied until they are unlocked according to Sui’s token emissions schedule.
The founders of @Mysten_Labs do NOT control the @SuiFoundation treasury, the community reserve, stake subsidies, or any tokens allocated to investors. Further, there is no mystery about token ownership. Every token that will be released has been allocated.
Sui Foundation is the largest holder of locked tokens, which will be unlocked in accordance with the public emissions schedule. These tokens are used to support builders, advance the Move programming language, increase network security, and grow the ecosystem through initiatives like developer grants, hackathons, bug bounties, academic research, and more.
Staking rewards are already in circulation because they are composed of stake subsidies and network fees. Furthermore, 100% of staking rewards earned by the Sui Foundation are returned to the community, and included in the public emission schedule.
To see Sui’s official token unlock schedule, which is the ONLY official and verified source for this information, along with links to other resources, visit https://t.co/VcduC7lOt4.
The Sui Foundation is committed to full transparency and serving its community.
We’re excited to announce our investment in @fusionistio, co-led with @FunPlusGames
Fusionist is building a scalable multi-gaming ecosystem built on Unity that offers AAA gameplay🎮
https://t.co/S2bKM74Jl6