Sui Mainnet Launch
New Layer-1 blockchain network.
DETAILS
- Mechanics & Features
- Sui is layer-1 Proof-of-Stake (PoS) consensus blockchain network, designed to be scalable with low, predictable transaction fees
- Sui is written in Rust and supports smart contracts written in Sui Move
- Sui is not EVM-compatible
- Native apps include; Sui Explorer, Sui Wallet
- $SUI is the native token, with a total supply of 10,000,000,000
- 50% allocated to Community Reserve (developers, researchers, validators, and other network participants)
- 50% allocated to early contributors and supporters
- $SUI token utility;
- transaction fees
- staked to a validator to secure the network (Delegated Proof of Stake)
- native asset for on-chain transaction
- governance
- $SUI token will be listed on several exchanges at launch
- Testnet participants were whitelisted to participate in the $SUI presale and will receive their presale tokens at launch