The Sui Foundation is redistributing 117 million SUI tokens to support its growth plan.

According to BlockBeats news on October 5th, the Sui Foundation is reallocating 117 million SUI tokens and plans to "redirect" them to develop its ecosystem. The organization stated in a statement that in order to promote further growth, the Sui Foundation announced that it will request 117 million SUI tokens (approximately $51 million) from "external market makers" and then "inject them into various channels." This accounts for 13.6% of its circulating supply and 1% of its total supply. Since SUI tokens have already been released, the reallocation will not affect the circulating supply. The Sui Foundation's "community reserve" holds "more than half of the SUI tokens," which are being used for "various community projects."