From 6f244dd341bf562a294dc7100aed322a077e703b Mon Sep 17 00:00:00 2001 From: Nathan Woodburn Date: Fri, 9 Feb 2024 04:07:11 +0000 Subject: [PATCH] docs: create hns_tokenomics --- hns_tokenomics.md | 28 ++++++++++++++++++++++++++++ 1 file changed, 28 insertions(+) create mode 100644 hns_tokenomics.md diff --git a/hns_tokenomics.md b/hns_tokenomics.md new file mode 100644 index 0000000..526b0d0 --- /dev/null +++ b/hns_tokenomics.md @@ -0,0 +1,28 @@ +--- +title: HNS Tokenomics +description: +published: 1 +date: 2024-02-09T04:07:06.390Z +tags: +editor: markdown +dateCreated: 2024-02-09T04:07:06.390Z +--- + +# HNS Tokenomics + +## Overview +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. + + + + +> ![hns_airdrop_graphic.png](/hns_airdrop_graphic.png){.align-center} +[https://medium.com/blockchannel/handshake-distribution-quadrants-f6199ff3cdcd](https://medium.com/blockchannel/handshake-distribution-quadrants-f6199ff3cdcd) + +## Burning +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). + +According to [Shake Stats](https://shakestats.com/) the HNS analytics website, over 1% of the total HNS supply has already been burned in auctions. + +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) +