According to BlockBeats, on October 15, Sonic Labs released Litepaper, which mentioned that in order to expand Sonic to a new level, the team is introducing token economics based on successful community governance proposals. The main points are as follows:
-At launch, S’s circulating supply will be approximately 2.88 billion and its total supply will be 3.175 billion, which is comparable to FTM’s supply.
- Six months after launch, the network will provide an airdrop of 6% of the initial total supply to reward Opera and Sonic users, with vesting within 9 months after the airdrop;
- Six months after launch, the network will mint 1.5% of the initial total supply each year for six years to fund growth, and destroy any unused tokens.
- Starting four years after the launch of Sonic, there will be an annual inflation rate of 1.75% to reward validators.
