29 lines
1.0 KiB
Markdown
29 lines
1.0 KiB
Markdown
---
|
|
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.
|
|
|
|
|
|
|
|
|
|
> {.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)
|
|
|