Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Sui Name Service Rewards Early Voters With 7.6 Million NS Token Airdrop

Sui Name Service Rewards Early Voters With 7.6 Million NS Token Airdrop

DeFi PlanetDeFi Planet2025/10/31 22:45
By:DeFi Planet

Quick Breakdown 

  • 7.6 million NS tokens distributed to over 95,000 early voters as a retroactive airdrop .
  • Tokens were automatically staked, granting immediate governance power with no claims required.
  • The initiative strengthens Sui’s on-chain identity layer and rewards consistent DAO participation.

 

Sui Name Service airdrops 7.6 Million NS Tokens to early supporters

Early participants of Sui Name Service (SuiNS) are celebrating a fresh reward as the network’s flagship identity project rolled out a retroactive governance airdrop to its most active contributors.

~ 7.6M $NS were sent to 95k+ voters 🪂

This equals to the previous 5 proposals’ rewards pools combined, distributed as staked tokens with boosted voting power

Check out the vaults section of your Slush wallet

— Sui Name Service (SuiNS) (@SuiNSdapp) October 30, 2025

The announcement , made on October 30, 2025, revealed that the airdrop aims to recognize community members who played a vital role in shaping SuiNS’s early governance.

Over 95,000 addresses receive staked governance tokens

According to SuiNS, over 95,000 eligible users have received approximately 7.6 million NS tokens, representing the combined reward pools from the last five governance proposals. Unlike traditional airdrops, recipients did not need to claim their tokens manually — they were automatically distributed as staked assets on the SuiNS voting portal.

This approach eliminates gas fees and minimizes phishing risks, ensuring a safer and more seamless reward process. Allocation was based on voting consistency, frequency, and the date of a voter’s earliest proposal, rewarding the earliest and most dedicated participants with higher governance weight.

Reinforcing governance and on-chain identity on Sui

Launched in 2024, Sui Name Service connects wallet addresses with human-readable “.sui” domains, forming the backbone of identity and governance within the Sui ecosystem. Beyond naming services, it supports DAO voting, organization pages, and decentralized user profiles.

The platform has also expanded through staking incentives, sub-name communities, and integrations with SuiPlay and Cetus Protocol, further embedding identity across the network’s ecosystem.

SuiNS emphasized that this latest airdrop is “just the beginning” of its mission to blend on-chain reputation, governance, and identity, paving the way for a community-driven digital identity framework on the Sui blockchain.

Meanwhile, Sui has rolled out suiUSDe, a synthetic stablecoin developed in collaboration with Nasdaq-listed SUI Group Holdings (SUIG) and Ethena Labs. The token positions Sui as the first non-EVM blockchain to issue a native, yield-generating stablecoin, underscoring its ambition to strengthen decentralized finance (DeFi) activity on the network.

 

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

From "higher for longer" to "the new normal for longer": Oil price shocks combined with the AI bond issuance boom, the financial market ushers in the 5% U.S. Treasury yield as the "new normal"

The borrowing costs of governments around the world continue to rise, with investors demanding higher returns to attract them to hold long-term bonds. The increase in US Treasury yields even prompted Treasury Secretary Scott Besant to announce an expansion of long-term Treasury buybacks—but this intervention failed to prevent the 10-year US Treasury yield from surpassing 5%, reaching its highest level in nearly 20 years.

智通财经2026/09/18 00:56

Oil prices and interest rates are rising, but US stocks still trust TACO

Oil prices have surpassed $100, the Federal Reserve is raising interest rates, and tensions in the Strait of Hormuz persist—Wall Street's bet on the "Trump will always back down" TACO trade is facing its most dangerous moment. The unexpected resilience of US stocks has actually reduced Trump's motivation for reconciliation; the real pressure valve lies in bond yields approaching the 4.946% warning line. Behind-the-scenes negotiations are reportedly ongoing, but this time, can the market's patience last until Trump changes course?

华尔街见闻2026/09/18 00:31

Claude leads 26% of R&D, Anthropic raises heated discussion on "AI developing AI" with its "AI slowdown theory"! The RSI training paradigm is catalyzing a major expansion in computing power demand.

Anthropic PBC's Claude chatbot has driven more than a quarter of the company's AI research and development work. The company found that Claude "led" 26% of Anthropic's R&D efforts and collaborated with employees to complete about 90% of the work. Anthropic plans to introduce third-party evaluators within the company and grant them access to internal processes, systems, and data to help track the progress of AI development.

智通财经2026/09/18 00:11