Sonic SVM Announces Token Economics: Total Supply 2.40 billion, 57% Allocated to Community

Sonic SVM has announced its native token, SONIC Token Economics. SONIC will drive long-term growth and development as the native token of Sonic SVM and Multi-SVM ecology. The total supply is 2.40 billion, of which 57% is allocated to the community, including community and ecological development (30%), initial claim (7%) and HyperGrid reward (20%). TGE is scheduled for January 7, 2025, and the initial circulation accounts for 15% of the total. The eligibility check tool of the initial claim program will be launched on January 3. Users can verify whether the wallet is eligible for claim through this tool. At the same time, the SonicX TikTok airdrop event will remain open until January 6, providing more users with the opportunity to acquire SONIC.