Sonic Labs: Plans to upgrade S token economics through 4 governance proposals, and will subsequently adopt multiple destruction mechanisms to control the upper limit

According to Mars Finance news, Sonic Labs published a post on X, stating that they are enhancing Sonic through an upgraded token economics, which is determined by 4 governance proposals on Fantom, including an airdrop of around 200 million S tokens.

At launch, the circulating supply of S is approximately 2.88 billion, with an initial total supply of 3.175 billion, allowing a 1:1 migration ratio;

Within 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 campaign to reward users/developers;

Additionally, within the first six months after launch, the network will start minting 1.5% of the initial total supply annually over 6 years to fund growth, while burning any unused S tokens to ensure efficient utilization;

Starting from the fourth year 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 the various burn mechanisms are expected to significantly reduce the expansion during this period.