Model adjustment motivation: This reorganization stems from the project team's determination that the original FIDA tokenomics were "unsustainable", with the new plan aimed at enhancing community governance and long-term ecosystem construction
Stakers need to complete at least 3 months of staking before January 31, 2025
The domain name holder snapshot was completed on May 10th
The remaining 60% of tokens will be used for liquidity mining (25%), team (20%), and strategic reserves (15%)
Market reaction: After the announcement, FIDA briefly rose 12%, currently trading at $0.87 (as of publication)
As a mainstream domain service on the Solana chain, Bonfida has recently faced token value support issues due to declining trading volume. This economic model restructuring is seen as a key move to address the industry pain point of "generally insufficient token utility in domain services".
