PANews reported on December 12 that Sui Ecological Lending Protocol Suilend announced the launch of SEND tokens on the X platform. Suilend added that 40% of the SEND supply will be distributed through the mdrop mechanism: 20% will be awarded to SEND points holders and early users; 5% will be allocated to the Sui Ecosystem community; and 15% will be allocated to SAVE holders on Solana.

Earlier news , Suilend announced the economics of SEND tokens. The total supply is 100 million, of which 65% is allocated to the community and 40% is distributed through the Mdrops airdrop mechanism, including points holders, early users, Rootlets NFTs, capsule NFTs and SAVE holders.