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SuiNS Announces Governance Reward Airdrop for Early DAO Voters

According to Sui Name Service, early voters holding over 0.1 NS tokens between Nov 2024 and Jun 2025 will receive automatic retroactive rewards, with higher payouts for consistent participation.

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Summary

Sui Name Service (SuiNS) has officially announced a retroactive governance reward airdrop for early active DAO users. Eligible participants voted on SuiNS DAO proposals from November 2024 to June 2025 while holding more than 0.1 NS tokens. Rewards are tiered, with earlier and sustained voting earning greater amounts. No claiming process is needed, as rewards are automatically distributed to qualifying community members.

Terms & Concepts
  • DAO: A Decentralized Autonomous Organization governed by smart contracts and community voting, without centralized control.
  • Airdrop: A distribution of cryptocurrency tokens to eligible users, often used as rewards or incentives.
  • Staking: The process of locking cryptocurrency in a blockchain network to support operations such as governance or transaction validation, often earning rewards.