It's crazy how @sns (Solana's version of ENS) casually launched another $SNS token, even though the project already had a native token, $FIDA. Now, the FIDA token presumably has no relevance to the project. The team claimed that FIDA's "tokenomics are not sustainable." Can you imagine how many people got burned holding FIDA, thinking it was a vital infrastructure project in the Solana ecosystem? More details here (via @RT_Watson for The Block)