Sui is the only platform where assets, data, and permissions can be owned,programmed,and verified. The result? Superior products, real user trust and value that's shared, not extracted.
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Real ownership over assets, identities, and data
Confidence that apps, APIs, and services behave as expected
Access new experiences that are more open and rewarding
Bring business models onchain for new monetization
Deliver familiar experiences with transparency and trust
Blockchain offers the best chance to create open and fair markets. But only when built with the utmost security, performance, and accessibility.
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Redistributes past transaction fees to future validators
Delivers predictable fees and prevents spam and DOS attacks
Parallelization improves scalability, reduces latency
Up to 1024 individual operations in a single transactionDelivers predictable fees and prevents spam and DOS attacks
Sui Mainnet launched publicly on May 3, 2023. The network's native token, SUI, facilitates on-chain transactions, pays gas fees, secures the network, and provides on-chain liquidity. The SUI token supply is capped and has a long-run circulating supply of 10 billion tokens. At Mainnet launch, roughly 5% of all tokens were in circulation with the remainder being released on a proposed schedule, as shown in the graph below, to maintain network stability.
The total supply of SUI tokens is set at 10 billion. This number ensures a stable tokenomics model to support the Sui network's health. However, not all SUI tokens are available yet. There will be SUI token releases occurring periodically in the future. The release schedule is determined by the needs of the network.
The chart above gives an estimate of when new tranches of SUI tokens will be released. However, the release schedule will revolve around how the Sui Foundation deploys its token allocation to support builders and the ecosystem.
The Sui Foundation is an independent organization dedicated to the growth and development of the Sui network. It allocates tokens through a variety of programs, including grants and education, to promote an active, healthy network.
Durian Sui Community Access program allowed early contributors to the Sui ecosystem an opportunity to buy SUI tokens. These contributors needed SUI to run the apps and services they had been developing. Their early efforts before Mainnet launch showed their dedication to and interest in supporting Sui.