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SUI NAME SERVICE

So as i show you about SNS in previous article so we continues more things here :

GOVERNANCE

  • There will be 100M total $SNS tokens and they will be capped at this amount — forever.

  • 2.

  • 50% of the 100m supply of $SNS tokens will be locked at release. These tokens will be controlled by the $SNS parent company SolNames LLC.

  • 3.

  • The 50% of the token supply at release will be distributed as follows

  • 1.

  • 25% to the community (2.5% exclusively allocated as extra for whitelist participants)

  • 2.

  • 10% to the parent company as an investment

  • 3.

  • 15% to the founding team and active contributors — discord, valuable contributions, etc (48-month vesting schedules)

  • 4.

  • Tokens will eventually receive dividends from $SNS-owned products, creating a REAL utility for long-term ownership. Dividends will be based on a % of specific $SNS product profits. The exact distribution is yet to be determined, however, this is a personal goal of the team to create real value for the community.

So SNS decided that they give reward all of the people who have supported them and $SNS token has genuine value yet the team behind the $SNS can also ensure this power is not misused by bad actors within the community.

NOW IN NEXT PART WE TALK ABOUT HOW YOU PRE BOOK YOUR SLOT FOR THE SNS DOMAIN TILL NOW FOLLOW THERE TWITTER AND DISCORD FOR MORE DETAILS

SNS TWITTER — https://twitter.com/snsstork SNS DISCORD — discord.gg/snsdomains