The Sonic Foundation has officially disclosed comprehensive details about the tokenomics of its SONIC token. This announcement comes as the mainnet launch of Sonic, the first blockchain based on the Sonic Virtual Machine (SVM), draws closer.
The foundation has also unveiled one last chance for users to qualify for an upcoming airdrop, creating anticipation within the ecosystem.
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Key Tokenomics: SONIC Supply and Distribution
The total supply of SONIC tokens will be 360 million, and all will be circulated immediately following the token generation event on January 7, 2025. The total coin supply of SONIC is forever fixed at 2.4 billion, with particular distributions planned to propel the Sonic ecosystem forward and incentivize a community of active users.
Fifty-seven percent of the total supply will be dedicated to the SVM community, including tokens reserved for ecosystem and community development, initial claims, and incentives under Sonic’s HyperGrid program. These programs will help support developers, game studios, and dApp creators operating in a Sonic environment.
Seven percent of the total supply has thus been dedicated to exclusive airdrops. The members include the premium contributors from the Sonic AVS delegation, Sonic Odyssey, SonicX, HyperFuse Observer Node, and numerous supporters of Mirror World and World Store.
Furthermore, 20 percent has been allocated to validator and observation node operators for their effort to keep the network secure.
Final Airdrop Application and Claim Details
The eligibility for the Initial Claim Snapshot, completed on December 31, 2024, covers seven percent of the total SONIC supply. The eligibility checker for this claim shall be available from January 3, 2025, allowing users to confirm their participation and claim the tokens.
For those who missed the snapshot, there remains a last opportunity to qualify for the SONIC airdrop. Users are invited to log in to SonicX via TikTok by January 6, 2025, to secure eligibility for the upcoming token distribution. This initiative ensures broader community participation as the mainnet approaches.
Conclusion
The Sonic Foundation’s detailed tokenomics and its focus on ecosystem growth highlight its strategic approach to fostering a robust blockchain network. With the TGE and mainnet launch on the horizon, the excitement surrounding SONIC continues to grow among its community and contributors.
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