#SOON Token Distribution: Community 51%#

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Overview

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

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Analysis

Solana Virtual Machine SOON recently announced its token economic model, sparking widespread interest within the community. The model reveals a total supply of 1 billion $SOON tokens, with a remarkable 51% allocated to the community, a rarity in cryptocurrency projects. This signifies a significant influence the community will hold over the project's development direction. Beyond the community allocation, 25% is designated for ecosystem development, 10% for the team and contributors, 8% for airdrops and liquidity, and 6% for the foundation and treasury. $SOON tokens will serve as the network's native currency, facilitating governance voting, staking rewards, and ecosystem building incentives. The project employs a fully transparent and open issuance mechanism, ensuring equal rights for all participants. Currently, the SOON mainnet is live, allowing users to directly transfer funds onto the SOON mainnet. While specific issuance details will be unveiled next week, the 51% community allocation and 8% airdrop share have already garnered significant user attention, making the project's future trajectory highly anticipated.

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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.

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SOON tokens will be used for governance voting, staking rewards and ecosystem development incentives, playing a typical role of tokens in public chain projects.

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

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The 8% airdrop share of the SOON project and the rewards that testnet participants may receive have attracted community attention and participation.

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