#SOON Token Distribution: Community 51%#

60
2
Posts
Hot Topic Details

Hot Topic Overview

Overview

Solana Virtual Machine SOON recently announced its token economic model, with a total supply of 1 billion tokens, of which 51% is allocated to the community. The project plans to distribute 8% of the tokens through an airdrop. The project adopts a completely transparent issuance mechanism to ensure that all participants enjoy equal rights. SOON tokens will be used for governance voting, staking rewards, and ecosystem construction incentives. The mainnet has been launched recently. Currently, users can directly transfer funds to the SOON mainnet. The 51% community allocation and 8% airdrop share are both considerable, and the project is expected to attract a large number of users. Its future development is worth watching.

Ace Hot Topic Analysis

小 A

Analysis

Solana Virtual Machine SOON recently announced its token economic model, with a total supply of 1 billion tokens. A remarkable 51% of the tokens are allocated to the community, a rare proportion in cryptocurrency projects, highlighting the project's emphasis on community participation. The specific allocation plan includes: 510 million tokens (51%) for the community, 250 million tokens (25%) for ecosystem development, 100 million tokens (10%) for the team and contributors, 80 million tokens (8%) for airdrops and liquidity, and 60 million tokens (6%) for the foundation and treasury. The $SOON token will serve as the network's native token, used for governance voting, staking rewards, and ecosystem building incentives. The project employs a completely transparent issuance mechanism, ensuring equal rights for all participants. Currently, the SOON mainnet has been launched, and users can directly transfer funds to the SOON mainnet. Notably, the project team has not yet disclosed specific issuance details, but the 51% community allocation and 8% airdrop share are quite substantial. The future development direction and community participation methods of the project are worth looking forward to.

Related Currencies

Public Sentiment

100%
0%

Discussion Word Cloud

Classic Views

SOON token distribution allocates 51% to the community, reflecting the project's emphasis on fairness for the community, with no pre-mining, pre-token allocation or VC privileges.

1

SOON tokens are primarily used for governance voting, staking rewards and ecosystem development incentives, similar to other public chain projects.

2

The SOON project adopts a completely open and transparent issuance mechanism to ensure that all participants enjoy equal rights.

3

The SOON project's 8% airdrop share and potential rewards for testnet participants have attracted community attention and participation.

4