On December 24, Sonic Labs posted on X that they are upgrading the tokenomics of Fantom, including an airdrop of approximately 200 million S tokens. At launch, the circulating supply of S will be approximately 2.88 billion, with an initial total supply of 3.175 billion, allowing for a 1:1 migration ratio. In the first six months after launch, the network will utilize a unique 9-month linear burn mechanism to mint 6% of the initial total supply, which will be used to extend the airdrop activity to reward users/developers.
Additionally, in the first six months after launch, the network will begin minting 1.5% of the initial total supply annually to fund growth, with any unused growth tokens being accounted for and burned each year. Starting four years after launch, the network will mint 1.75% annually to permanently reward validators. All unused ecosystem growth tokens will be accounted for and burned each year. By 2031, the maximum expansion cap for S will be 15% (excluding block rate rewards), and during this period, various burn mechanisms are expected to significantly reduce the expansion rate.
