> For the complete documentation index, see [llms.txt](https://docs.sonus.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.sonus.exchange/yields/tokenomics.md).

# Tokenomics

## Launch & Initial Distribution

<table><thead><tr><th width="381">SONUS</th><th width="199">Tokens</th><th>Percentage</th></tr></thead><tbody><tr><td>Voters Incentives</td><td>40M</td><td>8%</td></tr><tr><td>Liquidity Pool</td><td>10M</td><td>2%</td></tr></tbody></table>

<table><thead><tr><th width="381">veSONUS</th><th width="199">Tokens</th><th>Percentage</th></tr></thead><tbody><tr><td>Airdrop (requirements TBA)</td><td>200M</td><td>40%</td></tr><tr><td>Ecosystem Pools and Public Goods Funding</td><td>105M</td><td>21%</td></tr><tr><td>Sonus Exchange Team (Auto Max-Locked)</td><td>70M</td><td>14%</td></tr><tr><td>Protocol Grants</td><td>50M</td><td>10%</td></tr><tr><td>SONUS Pools Votepower</td><td>25M</td><td>5%</td></tr></tbody></table>

## Emission Schedule

Sonus works on an epoch based system, meaning each epoch the emissions suffer adjustment to suit growth and stabilization periods.

* For the first 14 epochs the emissions of `$SONUS` tokens follow the formula (increasing 3% per week):

$$
Emissions(epoch(N)) = Emissions(N−1) ∗ 1.03
$$

After the first 14 epochs and until epoch 104 the emissions of `$SONUS` tokens follow the formula (decreasing 1% per week):

$$
Emissions(epoch(N)) = Emissions(N−1) ∗ 0.99
$$

After 104 epochs the emissions of `$SONUS` tokens follow the formula (decrease 0.1% per week):

$$
Emissions(epoch(N)) = Emissions(N−1) ∗ 0.999
$$

## Rebase

`$veSONUS` holders receive a rebase proportional to `$SONUS`emissions and to the ratio of `$veSONUS` to `$SONUS`supply, reducing vote power dilution for `$veSONUS`!

The weekly rebase amount is calculated with the following formula:

$$
rebase = weeklyEmissions × (1 - veSONUS.totalSupply ÷ SONUS.totalsupply)ˆ2 × 0.5
$$

This rebase formula will reward `$veSONUS` holders most when locking rates decrease, incentivizing new lockers to step in. `$veSONUS` supply does not affect weekly emissions distributed to liquidity providers.

## Emission Rewards

Each epoch, `$SONUS` emissions are distributed to liquidity pools proportionally to the `$veSONUS` voting power the pools receive.

Liquidity providers (LPs) can stake their LP positions to receive a share of the `$SONUS` distributed to each pool proportionally to the size of positions and time staked.

These rewards are distributed during the whole epoch and available for claiming as these accrue.

## Team Emissions

While a fully autonomous and immutable protocol is an admirable objective, it comes at a cost. Sonus will ensure its long-term sustainability by employing a dedicated team focused on supporting the product decentralization, documentation, community, and ecosystem.

To cover ongoing expenses and all the upcoming development efforts, 5% of the emissions will be going to the team address.