TechFlow news — On September 1, Evan Sui, co-founder and CEO of Sui, responded on social media to market rumors claiming "SUI's annual inflation rate exceeds 250%." Evan Sui clarified that the monthly unlock amount for SUI actually represents only around 2.6% of the circulating supply, and this percentage is continuously decreasing.
Evan Sui emphasized that SUI is one of the few proof-of-stake (PoS) public blockchains with a fixed supply, contrasting sharply with most other blockchains that have annual inflation rates between 5% and 8%. He welcomed criticism from all parties, stating it is an important driver for project improvement.
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