PANews reported on December 24 that Sonic Labs published a statement on X stating that it is improving Sonic through upgraded token economics, which is determined by 4 governance proposals on Fantom, including 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; six months after launch, the network will use a unique 9-month linear destruction mechanism to mint 6% of the initial total supply to extend the airdrop activity to reward users/developers; in addition, six months after launch, the network will begin to mint 1.5% of the initial total supply each year for 6 years to fund growth, and destroy unused S each year to ensure effective use; starting four years after launch, the network will mint 1.75% each year to permanently reward validators. All unused ecological growth tokens will be accounted for and destroyed annually.
S’s maximum expansion is capped at 15% (excluding block rate rewards) until 2031, and multiple destruction mechanisms are expected to significantly reduce expansion during this period.
