💧Sui Ecosystem Ready for the Bull!
💭Looking at the developments in the $Sui ecosystem since the past, this growth seems like just a beginning.
🔹 $SUI 0.36 ➡️ 5.35$
🔹 TVL: 370M$ ➡️ 2.03B$
💭 In short, more and more capital and users are flowing into Sui every day. This situation keeps the $SUI price strong while also opening up new opportunities. $WAL and $DEEP airdrops have provided investors with quite good returns.
💧Evaluating opportunities as they arise is our best strategy.
💭A brand new mechanism is in operation on the @SuiNSdapp side:
▫️ Now, the $SUI or $USDC paid for domain purchases is automatically converted into $NS tokens.
🔁 After this conversion:
▫️ 80% of the acquired $NS is burned directly,
▫️ The remaining 20% is transferred to the DAO treasury.
💡 If you make the purchase directly with $NS, the same model applies:
▫️ Again, 80% burn, 20% DAO contribution.
🔥 This system reduces the $NS supply continuously, making the token deflationary, while also strengthening the community treasury, contributing to the sustainability of the ecosystem.
👀Movements on the #Sui ecosystem and the dominance of #airdrop may continue for a long time!