# SNP#2 - SuiNS Pricing **URL:** \ **Category:** Proposal Debates\ **Created:** [December 11, 2024, 8:04pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159 "2024-12-11T20:04:34Z")\ **Posts on this page:** 20\ **Page:** 1
**Author:** ![Death](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/death/32/18_2.png) [@Death](https://suins.discourse.group/u/Death)\ **Post date:** [December 11, 2024, 8:04pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/1 "2024-12-11T20:04:34Z")
### PROPOSAL NAME: SuiNS Pricing & Renewal Rates ### ABSTRACT: We’re proposing a simpler, more stable pricing structure for SuiNS domains. By fixing costs to a USD value and accepting $NS, $USDC, and $SUI, we aim to make domain registration more predictable, affordable, and flexible. We’re also introducing discounted rates for $NS payments to encourage token usage and keep the community engaged. In addition we will be removing existing promotional price discounts. ### PROPOSAL CATEGORY: ■ Technical Proposal (requires code changes/updates) ■ Parameter Proposal (contract parameters, pricing, expirations, etc.) * * * ### PROPOSED PRICING & RENEWAL RATES: (All prices pegged to a USD value, payable in $SUI or $USDC) - 3-Character Names: - Registration: $500 - Renewal (per year): $150 - 4-Character Names: - Registration: $100 - Renewal (per year): $50 - 5+ Character Names: - Registration: $10 - Renewal (per year): $5 $NS Discount (25% Off): (Applied to the above USD values) - 3-Character Names: - Registration: $375 - Renewal (per year): $112.5 - 4-Character Names: - Registration: $75 - Renewal (per year): $37.5 - 5+ Character Names: - Registration: $7.50 - Renewal (per year): $3.75 * * * ### TEAM DESCRIPTION: - Team Members & Roles: SuiNS Core Dev Team - Relevant Experience: The SuiNS Core Dev Team has built and maintained all SuiNS contracts so far, delivering stable and secure functionality. - Implementation Responsibilities: The SuiNS Core Dev Team will update contract parameters related to domain registration and renewal costs. * * * ### BENEFIT TO THE SUINS ECOSYSTEM: By pegging prices to a USD value and opening up multiple payment methods, we restore affordability and clarity for users. The discounted $NS rates further encourage token utility. * * * ### PLATFORMS & TECHNOLOGIES: - Sui Blockchain & Smart Contracts: Updated parameters will be integrated into the existing SuiNS smart contracts. - SuiNS Web App: The revised pricing will be displayed on the SuiNS web interface, allowing users to easily select their preferred payment method and see the updated rates in real time. * * * ### KEY TERMS: - Registration Fee: One-time cost to acquire a new domain. - Renewal Fee: Annual fee to retain domain ownership. * * * ### STEPS TO IMPLEMENT & TIMELINE: We’ll update the core contracts to: 1. Support holding generic coin types in the balances 2. Refactor the way our contracts work to streamline the registration process. Now the core is responsible for validating the validity of names, durations, labels, pricing configurations etc. 3. Introduce our “Payments” module that will handle base token payments, as well as alternate token payments using Pyth’s pricing oracles. 4. Rewrite the promotion packages (coupons & nft-based discounts) to work with the new architecture, as well as removing existing promotion packages. 5. Minor clean ups & enhancements in the codebase. With all these changes, we’ll also: 1. Update the Frontend to work with the updated flows, and introduce the new payment methods. 2. Update the SDKs to support the new mechanisms for purchases 3. Update the local scripts to easily deploy / test things. ### Timeline: 3-4 weeks ### KPIs (Success Metrics): - Increase in Domain Registrations - $NS utility * * * ### OVERALL COST: No new funding required. * * * ### FUNDING STRUCTURE: - Wallet Address: N/A - Up-Front Funding: N/A - Completion Funding: N/A * * * ### VOTING PERIOD: A 3-day voting period with a supermajority required for approval. ---
**Author:** ![Sunsat](https://avatars.discourse-cdn.com/v4/letter/s/a8b319/32.png) [@Sunsat](https://suins.discourse.group/u/Sunsat)\ **Post date:** [December 11, 2024, 8:33pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/2 "2024-12-11T20:33:09Z")
I agree with the price so how do I vote ---
**Author:** ![Loui](https://avatars.discourse-cdn.com/v4/letter/l/8edcca/32.png) [@Loui](https://suins.discourse.group/u/Loui)\ **Post date:** [December 11, 2024, 8:33pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/3 "2024-12-11T20:33:41Z")
Proposal is great, unfortunately i’ve spend almost 3k SUI purchasing OG domains(and im not the only one xd), hope still would be able ROI somehow lol ---
**Author:** ![Death](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/death/32/18_2.png) [@Death](https://suins.discourse.group/u/Death)\ **Post date:** [December 11, 2024, 8:34pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/4 "2024-12-11T20:34:02Z")
Voting will be live in 7 days ---
**Author:** ![chattyboo](https://avatars.discourse-cdn.com/v4/letter/c/7ba0ec/32.png) [@chattyboo](https://suins.discourse.group/u/chattyboo)\ **Post date:** [December 11, 2024, 8:54pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/5 "2024-12-11T20:54:21Z")
Great progress so far and I welcome the new changes. gg everyone ---
**Author:** ![Cipresa](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/cipresa/32/135_2.png) [@Cipresa](https://suins.discourse.group/u/Cipresa)\ **Post date:** [December 11, 2024, 9:45pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/6 "2024-12-11T21:45:37Z")
I love the idea of keeping the Sui domain renewal low as it doesn’t represent as an addition liability. While adding $NS as a discount is a nice touch, but definitely would love to see AEONs getting some sort of utility like mentioned in DC, definitely has my upvote 👌 ---
**Author:** ![NikitaPWNZ](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/nikitapwnz/32/60_2.png) [@NikitaPWNZ](https://suins.discourse.group/u/NikitaPWNZ)\ **Post date:** [December 11, 2024, 10:25pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/7 "2024-12-11T22:25:56Z")
Work is in full swing! ---
**Author:** ![Peri83](https://avatars.discourse-cdn.com/v4/letter/p/6a8cbe/32.png) [@Peri83](https://suins.discourse.group/u/Peri83)\ **Post date:** [December 11, 2024, 10:26pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/8 "2024-12-11T22:26:03Z")
It seems like the right way ---
**Author:** ![CleanwaterSui](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/cleanwatersui/32/59_2.png) [@CleanwaterSui](https://suins.discourse.group/u/CleanwaterSui)\ **Post date:** [December 11, 2024, 11:30pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/9 "2024-12-11T23:30:28Z")
This is a must for $SUINS. Will be a game changer as sui keeps pumping also giving more utility to Ns ---
**Author:** ![cronosbit](https://avatars.discourse-cdn.com/v4/letter/c/aca169/32.png) [@cronosbit](https://suins.discourse.group/u/cronosbit)\ **Post date:** [December 11, 2024, 11:50pm UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/10 "2024-12-11T23:50:22Z")
100% Agreee. This is the best way for SUINS! ---
**Author:** ![www.sui](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/www.sui/32/67_2.png) [@www.sui](https://suins.discourse.group/u/www.sui)\ **Post date:** [December 12, 2024, 12:13am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/11 "2024-12-12T00:13:46Z")
Aggresive pricing to compete with other name services. I approve this. ---
**Author:** ![2020](https://avatars.discourse-cdn.com/v4/letter/2/f17d59/32.png) [@2020](https://suins.discourse.group/u/2020)\ **Post date:** [December 12, 2024, 12:40am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/12 "2024-12-12T00:40:48Z")
I think the most important thing about domain names is that they need to be popularized, so lowering prices and increasing practicality is a must. But at the same time, the scarcity of domain names plays a very important role in marketing, so I think the prices of 3 characters and 4 characters should be increased. You can double it on this basis and keep it up for renewal. Prices for 5 characters and above remain unchanged. ---
**Author:** ![0x94t3z](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/0x94t3z/32/73_2.png) [@0x94t3z](https://suins.discourse.group/u/0x94t3z)\ **Post date:** [December 12, 2024, 1:03am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/13 "2024-12-12T01:03:45Z")
_i support all of em, i trust you SuiNS!_ ---
**Author:** ![snow.sui](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/snow.sui/32/80_2.png) [@snow.sui](https://suins.discourse.group/u/snow.sui)\ **Post date:** [December 12, 2024, 1:58am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/14 "2024-12-12T01:58:32Z")
That’s great, can you set up a renewal reminder in the wallet? ---
**Author:** ![Quan9](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/quan9/32/81_2.png) [@Quan9](https://suins.discourse.group/u/Quan9)\ **Post date:** [December 12, 2024, 2:50am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/15 "2024-12-12T02:50:26Z")
Good suggestion 🥰 I will vote it 👍 ---
**Author:** ![abija](https://avatars.discourse-cdn.com/v4/letter/a/439d5e/32.png) [@abija](https://suins.discourse.group/u/abija)\ **Post date:** [December 12, 2024, 3:32am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/16 "2024-12-12T03:32:49Z")
Love the proposal, will there be some Aeon utility also? ---
**Author:** ![clite](https://sea1.discourse-cdn.com/flex001/user_avatar/suins.discourse.group/clite/32/84_2.png) [@clite](https://suins.discourse.group/u/clite)\ **Post date:** [December 12, 2024, 3:58am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/17 "2024-12-12T03:58:35Z")
The proposal looks good, good for newbie user for the first time entry to the ecosystem, good for us the Sui believer ---
**Author:** ![beliefcrypto](https://avatars.discourse-cdn.com/v4/letter/b/fbc32d/32.png) [@beliefcrypto](https://suins.discourse.group/u/beliefcrypto)\ **Post date:** [December 12, 2024, 4:11am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/18 "2024-12-12T04:11:43Z")
This is an exciting proposal for SuiNS! By fixing prices to USD and offering discounts for $NS payments, they’re bringing more predictability while encouraging the use of the native token. The flexibility of accepting $USDC, $SUI, and $NS is a great step toward making the system more accessible for everyone. Looking forward to seeing how this strengthens the community! ---
**Author:** ![Makartnee](https://avatars.discourse-cdn.com/v4/letter/m/34f0e0/32.png) [@Makartnee](https://suins.discourse.group/u/Makartnee)\ **Post date:** [December 12, 2024, 5:55am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/19 "2024-12-12T05:55:10Z")
3-character names reg 400$ and renew 200$ ---
**Author:** ![goldenbr0wn](https://avatars.discourse-cdn.com/v4/letter/g/cdc98d/32.png) [@goldenbr0wn](https://suins.discourse.group/u/goldenbr0wn)\ **Post date:** [December 12, 2024, 6:29am UTC](https://suins.discourse.group/t/snp-2-suins-pricing/159/20 "2024-12-12T06:29:31Z")
is it possible to make a discount of more than 25% for the purchase of NS? [Next page](https://suins.discourse.group/t/snp-2-suins-pricing/159.md?page=2)