SOON Tokenomics Release: Initial Total Supply of 1 Billion Tokens, with 51% Allocated to the Community
SOON released its Tokenomics, with an initial total supply of 1 billion SOON tokens (3% annual inflation rate). The initial launch chains include Solana, BNB Chain, and Base. The token's utility functions include governance rights, native assets, developer rewards, and staking-based security and fast finality. The distribution is as follows:
· 51% allocated to the community
· 25% allocated to the ecosystem
· 8% allocated to airdrops/liquidity
· 6% allocated to the foundation/treasury
· 10% allocated to the team and co-builders