Loading...
Market
What will be the percentage of SUI tokens staked by the founding team by the end of 2024?
5
Resolution / Starting Odds
Below 60% • 25%
60-70% • 25%
71-80% • 25%
Above 80% • 25%
Official Sui Network staking data reports
Story
Sui Network Hits 41M Daily Transactions, 863 tps, Clarifies Token Supply
May 5, 2024, 07:15 AM
The Sui Network recently achieved a significant milestone by surpassing Solana in daily transactions, recording 41 million transactions in a single day, a substantial increase from its usual 1-2 million. This surge was primarily attributed to the $SPAM project load test, which saw transaction speeds peak at 863 transactions per second (tps) and settle at 650tps. Additionally, the Sui Network has been involved in discussions regarding its token supply management. Critics, including Cyber Capital's founder, have raised concerns about the concentration of staked tokens, with over 8 billion SUI staked and more than 84% held by the founding team. In response, the Sui Foundation clarified that locked tokens are managed by third-party custodians and released strategically to support the ecosystem.
View original story
Similar markets
1-10 million • 25%
11-20 million • 25%
21-30 million • 25%
Over 30 million • 25%
Increase to 5% • 25%
Stay around 2.5-3% • 25%
Decrease below 2.5% • 25%
Increase to over 6% • 25%
18%-25% • 25%
25%-30% • 25%
30%-35% • 25%
Above 35% • 25%
Staking exceeds 70% • 33%
Staking is between 50% and 70% • 34%
Staking falls below 50% • 33%
Increase by 10-20% • 25%
Increase by 21-40% • 25%
Increase by 41-60% • 25%
Increase by over 60% • 25%
Below 2.5% • 25%
2.5% to 3% • 25%
3% to 3.5% • 25%
Above 3.5% • 25%
Less than 30% • 33%
30% to 35% • 34%
More than 35% • 33%
Below 10 million • 25%
10 million - 50 million • 25%
50 million - 100 million • 25%
Above 100 million • 25%
Mostly held by investors • 33%
Mostly held by stakers • 33%
Mostly held by early contributors • 33%