πŸ•Allocation

The total supply of SNS tokens is 1 billion, with a carefully planned allocation designed to ensure the sustainability and growth of the Solana Name Service ecosystem. Here's a breakdown of how the SNS tokens are allocated:

  • Initial Liquidity: 60% of the total supply is allocated for initial liquidity, ensuring the token has sufficient value and trading activity upon launch. This fosters a healthy market and allows for easy exchange of the SNS token.

  • Airdrop to Domain Holders: 20% of the total supply will be airdropped to existing .sol domain holders, rewarding them for their early adoption and support of the Solana Name Service platform. This provides a direct incentive for domain holders to actively engage with the platform.

  • Marketing: 5% of the total supply is dedicated to marketing and community growth initiatives. This funding supports campaigns, events, and outreach programs to increase awareness and adoption of Solana Name Service and the SNS token.

  • Team & Advisors: 5% is reserved for the core development team and advisors who have been instrumental in the creation and growth of the Solana Name Service platform. This ensures long-term sustainability and allows for continued innovation.

  • Development: Another 5% is allocated for platform development and ongoing improvement. This funding ensures continued innovation and enhancement of the user experience, while improving the security and functionality of the Solana Name Service platform.

  • Reserve: 5% of the total supply is reserved as a buffer. This ensures that the platform has the resources needed to weather unforeseen circumstances and maintain its long-term viability.

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