# SNS Tokenomics

**Published by:** [PixelDefi](https://paragraph.com/@pixeldefi/)
**Published on:** 2022-12-25
**URL:** https://paragraph.com/@pixeldefi/sns-tokenomics

## Content

Hello everyone again! Today I am going to talk about a very exciting topic, $SNS token and its tokenomics.What is $SNS?$SNS is the token issued by StorkLab for SNS. As I mentioned before in my previous article, the Sui Name Service will be registered as a legal entity off-shore and be owned through the $SNS token. $SNS token will be used to vote on use of community funds, feature changes, or anything related to the SNS-products / direction. This will keep ensure that feature updates happen quickly, but also give token holders an outlet to make changes in the products and receive real ownership / equity.Token Allocation as of Now25%+ Airdropped to Community75% Core Contributors / Token Treasury (yet to be divided)Total Supply will be 100 million. Intended Release Date: Q3 2023 — domain registration milestones.25% to the Community? Wait, What?Yes, you read that right. As a company which is “built for people by the people”, this is nowhere near surprising. This is quite a heavy allocation for the community I have seen in a project. As their CEO says,Have you ever grinded for a project and got nothing? We’re here to change that. If you support us, we’ll support you. The Sui Name Service is our first community-owned protocol. Our DAO will be based on domain registration and engagement. Get involved in the SNS today.. and earn your place in the DAO. We build for the People by the People.How to contribute to SNS and get Airdrop?As I have mentioned before, this is not a project you should miss out on. And I also believe in their motive of “community owned” concept. So, make sure you contribute well enough and get a reward in return. My future articles will be based on how to contribute as a community member of SNS. Be in touch.Referenceshttps://blog.sns.domains/sui-name-service-dao-2d5d37cce681

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