Sonic Labs recently announced on X that they will upgrade their tokenomics through four successful governance proposals for Fantom. This upgrade includes an airdrop plan of approximately 200 million S. The circulating supply of S starts at 2.88 billion, with a total supply of 3.175 billion, allowing users to migrate 1:1. Within six months of the launch, the network will implement a unique 9-month linear burn mechanism, burning 6% of the initial total supply to extend the airdrop activity and incentivize users and developers.

Additionally, the network will mint 1.5% of the initial total supply each year for the next six years to fund growth and will burn unused tokens. After four years, 1.75% will be minted annually to reward validators. By 2031, the maximum expansion cap for S will be 15%, and various burn mechanisms will help control the rate of expansion. 🔍📊