The native token of the Layer 1 blockchain Sui is scheduled to launch today and will be available for trading on centralized exchanges.
the listing, adding that it will allow users to trade sui against the USDT stablecoin upon mainnet launch, while cautioning users about potential volatility.
Sui, a high-throughput proof-of-stake blockchain developed by Mysten Labs, is set to go live on the mainnet today, marking the culmination of over a year of research and development. Mysten Labs, the developer of Sui, raisedThese exchanges organized a public sale of the Sui token at a sale price of $0.1 each at the end of April. Additionally, Binance
the token on its launchpool platform, allowing users to stake BNB tokens or TUSD stablecoins to earn sui for free.that over half a billion sui tokens will be unlocked following the launch. With a maximum supply of 10 billion sui tokens, this implies that 5% of the total supply will become available upon launch. However, the Sui core team has not confirmed this number.
© 2023 The Block Crypto, Inc. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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