According to Foresight News , in response to recent social media questions about the SUI token model and founder control of tokens, Sui tweeted that his unlocked tokens are locked by a third-party custodian, cannot be traded and are kept safely. The founder of Mysten Labs (Sui development team) does not control the Sui Foundation's treasury, community reserves, staking subsidies or any tokens allocated to investors.
The Sui Foundation is the largest holder of locked tokens, which will be unlocked according to the public issuance plan to support developers, advance the Move programming language, improve network security, and develop the ecosystem through programs such as developer funding, hackathons, bug bounties, and academic research. In addition, staking rewards are already in circulation, consisting of staking subsidies and network fees. 100% of the staking rewards received by the Sui Foundation are returned to the community and included in the public issuance plan.
