The Project That Has Been Expected to Distribute Airdrop for a Long Time Has Finally Made the Announcement! Here Are the Details

The domain name service sns.sol, which operates on the Solana blockchain, shared details of the anticipated SNS token airdrop.

A total of 2 billion SNS tokens will be distributed through airdrop, representing 20% of the total supply at the Genesis stage. Of this, 1.5 billion will be allocated to approximately 275,000 wallets holding .sol domain names as of the snapshot date. Individual domain name owners will be able to apply to benefit directly from this distribution.

The remaining 500 million tokens will be donated to ecosystem members to support the development of the SNS community. While the project claims to adopt the principle of "no pre-sale, no private sale" in its distribution model, it announced that the amount entering circulation for the first time will only be 25% of the total supply.

Additionally, the remaining portion of the SNS token supply is planned as follows:

• 2 billion tokens can be claimed by the participants of the LFG event,
• 2 billion tokens have been allocated for future inflation-based distributions,
• 2.625 billion tokens were allocated to support ecosystem growth,
• 500 million tokens allocated for liquidity pools,
• While 875 million tokens are allocated to the core team, this amount will be subject to a 4-year lock-up period and a 1-year cliff period.