Hello, OKX users!
The SUI token sale on OKX Jumpstart will take place on April 23 via a token allocation lottery. OKB holders can use their tokens to obtain lottery tickets, with winning tickets granting the opportunity to purchase SUI. A special sale will also recognize contributors to the Sui ecosystem. Here’s everything you need to know:
1. Sale Overview
| Key Details | Values |
|---|---|
| Total Allocation | 225,000,000 SUI |
| Token Price | 1 SUI = $0.10 |
| Max Purchase per User | 10,000 SUI |
| Payment Currency | OKB |
| Exchange Rate | Based on daily OKB snapshots at 16:00 UTC (April 15–19) |
Special Recognition Sale:
Authorized users (approved by Sui Foundation) can purchase up to 1,500 SUI from a pool of 25,000,000 SUI at $0.03 per token. These tokens unlock at mainnet launch. Participants may also join the OKX Jumpstart lottery.
👉 Learn more about Sui’s official website
2. Event Timeline
- Subscription Period: April 23, 2023 (02:00 UTC) – April 24, 2023 (02:00 UTC).
Lottery Tickets:
- Based on average OKB holdings (snapshots taken April 20–22).
- 1 OKB = 4 tickets (max).
- Winning tickets: 100 SUI each; losers receive OKB refunds.
Token Distribution:
- Unlocked monthly over 12 months (1/13 per month).
3. Participation Rules
- Complete Level 2 KYC verification.
- Use your primary OKX account (no sub-accounts).
- Participate via OKX App only.
- Excluded regions: USA, Canada, Cuba, Iran, and others (see full list below).
4. How to Join
Step 1: Maximize OKB Holdings (April 20–22)
- Snapshots record OKB in Funds, Trading, and Earn accounts.
- Example: Average 5.7 OKB → 20 tickets (5 × 4).
Step 2: Subscribe to the Lottery (April 23–24)
- Select tickets and pay with OKB (0.25 OKB per ticket).
Step 3: Claim Rewards
- Winners announced same day. Tokens distributed monthly.
5. Example Scenarios
| User | OKB Snapshot | Max Tickets | Tokens Won |
|---|---|---|---|
| A | 5 | 20 | 0 |
| B | 50 | 200 | 3,600 SUI |
| D | 2,000 | 8,000* | 10,000 SUI |
*Capped at 100 winning tickets (10,000 SUI max).
6. Project Introduction: Sui Network
- First Layer 1 blockchain for Web3 scalability.
- Token: SUI (Mainnet).
- Total Supply: 10,000,000,000.
Links:
7. Important Notes
- OKB in loans (as collateral) excluded from holdings.
- Excluded Countries: USA, Canada, Cuba, Iran, Russia, etc.
- Fraudulent actions (e.g., multi-accounting) result in disqualification.
- OKX reserves final interpretation rights.
Risk Warning: Digital assets are volatile. Invest responsibly.
FAQs
Q: Can I participate without OKB?
A: No. OKB holdings determine lottery eligibility.
Q: When do SUI tokens unlock?
A: 1/13 monthly over 12 months post-purchase.
Q: What’s the special sale’s discount?
A: $0.03 per SUI (vs. $0.10 in general sale).
👉 Explore OKX Jumpstart for updates.
—OKX Team (April 15, 2023)