Overview of Token Economics
The following diagram demonstrates the token economics of Sonet.
Token Economics Overview
The token economics works closely with Sonet runtime.
Runtime of Sonet
In support of the middleware platform, we are creating a uniform payment system using the $Sonet utility token to reconcile payments and fees for end users so that developers can focus on their apps.
- Sonet ($SON): Protocol governance and utility token that can be staked for Sonet and be used for Web application payment.
- $Sonet loosely represents the value of the Sonet.
- Certain percentage of $Sonet will be used to govern the value control of $Sonet.