In this round of @SonicLabs' airdrop, many people are still stuck in the first phase, collecting Gems and leaving.
But if you have seen the official explanation, the key point is that the 190 million $S tokens are released in batches through Points.
The method is not complicated: if you have assets in your wallet and keep them on the Sonic chain, and participate normally in the ecosystem, the system will automatically record your points for this season. After the deadline, $S will be distributed according to the points ratio, without any grabbing, rolling, or relying on luck.
This design is actually more suited to the current market rhythm. It doesn't involve the back-and-forth competition for rankings but feels more like "if you are truly using it, the system will gradually give back to you." For many people, this is much more comfortable than competing for interactions.
Moreover, regarding the price of $S, there was indeed some fluctuation recently, but if you look at the on-chain situation, you'll find that the volume hasn't dropped significantly and the locked assets are still increasing. Projects like Aave, Silo, and Beefy have all launched, indicating that the ecosystem is still progressing.
The overall performance of the chain is not bad; it has all the necessary experiences, with low latency, no fees, and dynamic gas. Account abstraction has also been implemented. You basically don't need to worry about processes like exchanging tokens or bridging; new users can get started easily.
So if you have doubts about $S, it might be a good idea to clarify the Points rules first. It's not a one-time airdrop; it's a long-term points system that releases in batches. In plain terms, if you keep it here now, you might still be able to continue earning every season two to three months later.
In any case, the risk is low, so see how it goes.
Here is the link: