Alpha Insiders Profile picture
▪️ Marketing Advisor and Threadoor ▪️ Decoding The Tokens of Tomorrow ▪️ Exclusive Alpha in Discord https://t.co/QoCcs5n7PJ

Dec 14, 2022, 12 tweets

🚨 Sui Tokenomic Explanation / Confirmed Airdrop

A few hours ago @SuiNetwork released its Tokenomic, Let's see what we know, What to expect, and What you can do today?

⭕️ Don't forget to like and RT / Tag frens
#AlphaInsiders 🕵️‍♂️⚡️🪂

1/
WE (AlphaInsiders) ARE NOT FINANCIAL ADVISORS.
THIS IS NOT FINANCIAL ADVICE.
Everything in this thread is intended as educational material, not financial advice for any individual. ALWAYS DYOR.

2/
SUI token aligns incentives across network including operators, users, and owners. Whether SUI is used for staking, gas fees, source of native on-chain liquidity, or as a claim on future governance, the SUI token enables a distributed and decentralized network.

3/
The total supply of SUI is capped at 10,000,000,000 (ten billion tokens). A share of SUI’s total supply will be liquid at mainnet launch, with the remaining tokens vesting over the coming years or distributed as future stake reward subsidies.
🔸TGE is probably in Q2 2023

4/
10% of TS is for the team and 14% for Investors
Contributors Get 20%:
Those who are spreading knowledge about Sui, onboarding developers onto Sui, testing and helping refine the product experience of Sui’s current applications get a share.

5/
⭕️6% Goes To Community Access Program
That let Sui enthusiasts obtain SUI directly without having to participate in the Foundation’s programs. These tokens will also support members who have interacted/tested Sui Apps during the devnet and testnet phases(YOU).
link following

6/
sui.io/resources-sui/…
⭕️ Good News / Bad News
🔸The bad news is that if you are not a builder or a pro/power user probably a share of that 6% is all you get.
🔸The good news is there are still a few doors open to earn some extra tokens with open and coming programs.

7/
Ok, First Testnet Wave 1 ended. You can only use devnet now and no reward for devnet fullnodes.
Wave 2 will begin in early 2023. No more info is shared.
🔸My best guess here is that Snapshots have been already taken. 📸 But apparently NOT YET

8/
⭕️ Community Reserve (50%)
🔸Sui Foundation supports and empowers builders and creators on the Sui ecosystem. Projects that add long-term value to the Sui ecosystem.
🔸Delegation Program allows you to run a validator to apply for delegated SUI tokens from the Sui Foundation

9/
🔸So if you are among the builders/validators/Researcher you might be able to find a spot for collecting extra tokens.
For others, if you did the devnet/testnet tasks I shared you should be on the safe side BUT still, I recommend playing with devnet in case of more snapshots

10/
Ok, What you can do is if you are a new user keep using the devnet and wait for testnet wave 2 in 2023, Hope that snapshot is not taken and you still have time :) 🤞
if you don't wanna miss the next airdrop make sure to follow @AlphaInsiders NOW

11/
⭕️ You also join our private discord channels where we share the latest #Airdrop updates/ tasks and alpha to be ahead of others.
Exclusive giveaways / WL and Invite codes are the fun parts of our amazing community.
More info
mirror.xyz/alphainsiders.…

This is #AlphaInsiders🕵️‍♂️⚡️

Share this Scrolly Tale with your friends.

A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.

Keep scrolling