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Cryptocurrency News Video

Podcast: Sui Network Tokenomics and Operations

May 06, 2025 at 08:22 pm Crypto Talk News

Sui Network Tokenomics and Operations #blockchain #crypto #cryptocurrency #cryptonews This documentation outlines the tokenomics of the Sui blockchain, explaining the SUI coin's role as the network's currency, for gas fees, and for staking in the proof-of-stake consensus mechanism. It identifies the key stakeholders as users, SUI token holders, and validators. The text details the SUI coin's fixed supply and distribution through stake rewards, notably utilizing a storage fund to compensate future validators for historical data storage. Finally, it touches upon validator requirements and the Sui Improvement Proposal (SIP-39) for determining eligibility.
Video source:Youtube

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