We're elevating Sonic with upgraded tokenomics decided by 4 successful governance proposals on Fantom, including a ~200M $S airdrop.
🌐 At launch, the circulating supply of S was around 2.88 billion with the initial total supply at 3.175 billion, allowing for migration at a 1:1 ratio.
🎁 Six months post-launch, the network will mint 6% of the initial total supply for an extended airdrop campaign to reward users/developers, leveraging a unique 9-month linear burn mechanism.
🌱 Additionally, six months post-launch, the network will begin to mint 1.5% of the initial total supply yearly for 6 years to fund growth, burning unused S annually to ensure effective usage.
⏳ Starting four years post-launch, the network will mint 1.75% annually to reward validators in perpetuity.
All unused ecosystem growth tokens will be accounted for and burned annually.
The maximum expansion of S is capped at 15% until 2031 (excluding block rate rewards). Multiple burn mechanisms are expected to significantly decrease expansion over that period.
Learn more below, including our burn mechanisms to reduce the supply of S.
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