Sui is a high-performance Layer 1 blockchain utilizing a delegated proof-of-stake mechanism and the Move programming language to power scalable decentralized applications.
Sui conducted its 33rd project distribution via a Binance Launchpool event, offering 40,000,000 SUI tokens to users who staked BNB and TUSD. The public staking event did not raise direct capital, instead distributing 100% unlocked rewards proportionally to the $4.02 billion in total staked volume across the two asset pools.
Sui - Launchpool Round on Binance Overview
100% Unlock at TGE
Binance Launchpad
Sui - Launchpool Round on Binance Round Result
Sui - Launchpool Round on Binance Current Token Data
How to join Sui - Launchpool Round on Binance?
To participate in the Sui distribution on Binance Launchpool, users needed an active, KYC-verified Binance account. Participants had the option to stake their holdings into two separate pools, with 80% of the rewards allocated to the BNB pool and 20% to the TUSD pool.
Farming was open for a strict 48-hour window from May 1 to May 2, 2023. During this period, user balances and total pool balances were snapshotted hourly to accurately calculate proportional rewards, which were distributed to over $4.02 billion in participating volume.
Step-by-step Guide
Register and complete advanced KYC verification on the Binance Launchpool platform.
Acquire BNB or TUSD to deposit into the designated Launchpool staking vaults.
Stake your assets in the respective BNB or TUSD pool before the May 1, 2023 deadline.
Accumulate and claim your proportional SUI farming rewards directly to your spot wallet.