**Sonic Labs releases Litepaper, token economics sparks heated discussion! **
BlockBeats news, on October 15, Sonic Labs officially released their Litepaper, revealing an exciting token economics plan. This plan aims to push Sonic to new heights and has attracted a lot of attention from the crypto community. Let's take a look at the highlights of this plan!
First of all, Sonic's circulating supply will reach about 2.88 billion at the time of official launch, and the total supply will be 3.175 billion, which is comparable to the supply of FTM. What is the design intention of this supply? The team hopes to ensure market stability and token liquidity in this way.
Next, it is worth noting that Sonic will airdrop six months after launch, providing 6% of the initial total supply to reward Opera and Sonic users. This airdrop will be vested within nine months. This means that early users will have the opportunity to receive additional token rewards, incentivizing more people to participate in the Sonic ecosystem.
In addition, Sonic plans to mint 1.5% of the initial total supply each year six months after launch to fund the growth of the network and destroy any unused tokens. This mechanism helps control inflation while ensuring that the network has sufficient funds for development and innovation.
Finally, starting four years after the launch of Sonic, the annual inflation rate will be 1.75% to reward validators. This design is intended to incentivize validators to continue to participate in the maintenance and security of the network, ensuring the long-term stability and healthy development of the network.
Overall, Sonic Labs' token economics plan demonstrates their ambition and confidence in future development. This plan not only takes into account the interests of early users, but also provides guarantees for future growth and stability.
Friends, what do you think of Sonic Labs' token economics plan? Do you think this design can effectively promote the development of Sonic? Welcome to share your views and opinions in the comment area and discuss with everyone! 😊
(Note: This article is for reference only and does not constitute investment advice. Please be sure to do sufficient research and risk assessment before investing.)