The Sui Foundation has unveiled a detailed vesting schedule for its SUI tokens, with the full release expected to be completed by April 2030.
Key Details of the SUI Token Release
- Total Supply: 100 billion SUI tokens
- Initial Circulation: Approximately 5% at mainnet launch (May 3, 2023)
- Vesting Period: Gradual release through April 2030
- Flexibility: Schedule subject to adjustments to maintain network health
According to official announcements, the foundation emphasizes that all internal token allocations remain subject to lock-up periods and transfer restrictions. Notably:
"The Sui Foundation has not sold any staking rewards or other tokens from 'locked' or 'non-circulating' staked SUI on Binance or other platforms."
Vesting Schedule Highlights
- Phased Approach: Controlled release prevents market flooding
- Ecosystem Focus: Designed to increase liquidity for ecosystem development
- Transparency: Public timeline establishes clear expectations
Frequently Asked Questions
Q: When did the Sui mainnet launch?
A: The Sui mainnet went live on May 3, 2023.
Q: What percentage of SUI tokens were in circulation at launch?
A: Approximately 5% of the total 100 billion supply was circulating at mainnet launch.
Q: Can the vesting schedule change?
A: Yes, the foundation may adjust the schedule as needed to maintain network health.
Q: Where can I learn more about SUI tokenomics?
A: Official announcements from the Sui Foundation provide the most accurate information. ๐ Visit the official Sui documentation for details.
Strategic Implications
This carefully structured vesting schedule demonstrates Sui's commitment to:
- Market Stability: Preventing sudden supply shocks
- Long-Term Growth: Aligning token release with ecosystem development
- Investor Confidence: Establishing transparent, predictable tokenomics
๐ For those interested in token vesting strategies, understanding these schedules is crucial for investment decisions in blockchain projects.
The foundation's approach mirrors best practices seen in other successful layer-1 blockchains, where controlled token release has proven effective in balancing short-term liquidity needs with long-term network health.