Deep Tide TechFlow news, on December 24, Sonic Labs announced on X that it is upgrading tokenomics based on the decisions from 4 successful governance proposals regarding Fantom, which includes an airdrop of approximately 200 million S.
At launch, the circulating supply of S is approximately 2.88 billion, with an initial total supply of 3.175 billion, allowing migration at a 1:1 ratio;
After six months of launch, the network will utilize a unique 9-month linear burn mechanism to mint 6% of the initial total supply to extend the airdrop activities to reward users/developers;
In addition, after six months of launch, the network will start minting 1.5% of the initial total supply each year for 6 years to fund growth, burning unused S each year to ensure effective use; starting from four years after launch, the network will mint 1.75% each year to permanently reward validators.
All unused ecosystem growth tokens will be accounted for and burned annually. By 2031, the maximum expansion limit of S is 15% (excluding block rate rewards), during which multiple burning mechanisms are expected to significantly reduce the expansion rate.