To strengthen SuiNS role within the Sui ecosystem, we propose the establishment of a dedicated fund sourced from the SuiNS treasury. This initiative aims to support ecosystem growth through targeted promotion and strategic partnerships.
The total fund we want to start is: 5% SuiNS treasury
1. Introduction:
The SuiNS treasury has accumulated resources that can be used to amplify the project’s presence and influence within the Sui network. Establishing a promotional and partnership fund ensures these assets are used proactively to unlock collaborative opportunities and expand community reach.
2. Reason for Establishing the Fund:
As the Sui ecosystem continues to grow, many emerging projects are seeking naming service integrations and co-marketing opportunities. By creating this fund, SuiNS can position itself as a foundational infrastructure component and build long-term synergy with other ecosystem players. It also enables us to stay competitive and relevant in a fast-evolving landscape.
3. How to Use:
The fund will be used for a range of activities, including but not limited to:
Partner campaigns with ecosystem projects
Grants or bounties for projects integrating SuiNS, and promotional collaborations that increase both visibility and utility.
Incentive for the user who have great article about SuiNS
Do some giveaway event
The wallet’s Fund is a multi-sign wallet: TeamNS and Community Council
Funding decisions will follow a review process to ensure strategic alignment and accountability.
The process is: The Community Council discusses with team SuiNS and announces the program => Unify the reward pool for each program => Proceed to use the funds
4. Objective:
The ultimate goal is to boost the adoption and integration of SuiNS across the Sui ecosystem. Through effective promotion and partnerships, this fund aims to drive user growth, foster developer engagement, and position SuiNS as a core identity layer within the Sui network. By doing so, we help ensure SuiNS contributes meaningfully to the ecosystem’s long-term success.
This is not a proposal. Just a topic for discussion and to listen to the community’s opinion. Thanks a lot.
I fully support the establishment of this fund. By leveraging the SuiNS treasury for targeted promotion and strategic partnerships, we can significantly enhance SuiNS’s presence within the growing Sui ecosystem.
To attract the community, creating a fund would be very meaningful. I hope to see your fund approved in the near future, along with impactful campaigns for the SuiNS-loving community.
Before seeking community approval, I believe several key points need to be clarified:
Fund control and operation mechanism:
Clearly define the spending thresholds:
For expenditures under a certain amount, the Community Council and SuiNS Team can jointly agree and proceed on their own.
For larger expenditures, it is required to publicly disclose the plan, gather community feedback (via Snapshot or official discussion), and conduct mandatory on-chain voting through the DAO mechanism for approval.
The multisig wallet may only sign and execute transactions after the corresponding decision process is completed and the results are clear.
Transparency in partner selection and fund spending:
All fund-related activities must be made public through a transparent summary board including:
Project name
Purpose of spending
Recipient wallet address
In addition, partner selection criteria must be clearly disclosed, with priority given to projects that genuinely integrate with SuiNS.
Fund usage planning by phases:
A spending plan must be developed and disclosed monthly, quarterly, or annually.
I think that some of these uses are more worthwhile than others.
For example, I’d fully support grants/etc. for builders leveraging SuiNS. But, I’m really not confident that we’ll see much of a return from general campaigning.
I really believe that the best way forward is to focus on getting the devs cooking, both internally and those using SuiNS infra.
I think the initiatives are very good and if they have the resources it is good to use them for the growth of the ecosystem by making a lot of noise on the networks so that everyone can hear us.
I fully support this initiative. Establishing a dedicated fund from the SuiNS treasury is a strategic move that can significantly enhance SuiNS’s presence and impact within the Sui ecosystem. By proactively investing in partnerships, promotions, and community engagement, SuiNS can strengthen its position as a core infrastructure layer. The multi-signature wallet and review process also show a clear commitment to transparency and accountability. Looking forward to seeing how the community responds and contributes ideas to shape this further.
Everyone seemed very excited about this idea.