---
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)