29 lines
1.0 KiB
Markdown
29 lines
1.0 KiB
Markdown
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---
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title: HNS Tokenomics
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description:
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published: 1
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date: 2024-02-09T04:07:06.390Z
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tags:
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editor: markdown
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dateCreated: 2024-02-09T04:07:06.390Z
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---
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# HNS Tokenomics
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## Overview
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HNS has a hard-cap of 2,040,000,000 coins. 66% of this was pre-mined and 46.6% of all HNS was aidropped to free and open source developers.
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> {.align-center}
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[https://medium.com/blockchannel/handshake-distribution-quadrants-f6199ff3cdcd](https://medium.com/blockchannel/handshake-distribution-quadrants-f6199ff3cdcd)
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## Burning
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At the end of a [TLD auction](/en/auction) all the money paid by the winner do not go to anyone, it is burned (locked away and never usable again).
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According to [Shake Stats](https://shakestats.com/) the HNS analytics website, over 1% of the total HNS supply has already been burned in auctions.
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Many Handshake community members have embraced the burn meme and incorporated burning HNS into their applications like [shakedex](https://shakedex.readthedocs.io/en/latest/community_burn.html)
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