SOON announces token economic model: 51% allocated to the community
Foresight News, Solana virtual machine SOON announced its token economic model: the total supply of $SOON tokens is 1 billion, with the specific allocation plan as follows:
Community allocation: 510 million (51%);
Ecosystem development: 250 million (25%);
Team and co-builders: 100 million (10%);
Airdrops and liquidity: 80 million (8%);
Foundation and treasury: 60 million (6%).
SOON will serve as the native token of the network, used for governance voting, <staking rewards>, and ecosystem building incentives. The project adopts a fully open and transparent issuance mechanism to ensure equal rights for all participants, and the specific issuance details will be announced next week.