BlockBeats news, on May 13, according to GMGN market data, SNS (sns.sol) opened on-chain at approximately 0.004 USD, with a market capitalization of 40 million USD.

According to the Gate.io News bot, as reported by Wu, the Solana domain service sns.sol (formerly Bonfida) has released details of the economic model for the SNS Token. According to the announcement, the total supply of SNS Tokens is set at 10 billion, with the distribution plan as follows: 40% for airdrops to early and new supporters; 20% allocated for future releases and community; 26.25% for ecosystem development; 5% as liquidity reserves; and 8.75% for core contributors. sns.sol has opened the airdrop query page for early supporters, and this portion of the airdrop accounts for 20% of the total supply. Source: Wu Says

Odaily News According to official news, Solana domain service Bonfida announced the launch of Token SNS, and will share more information about distribution, claiming mechanisms, and how .sol users (past, present, and future) can obtain it in the coming weeks.

According to Gate.io News bot, as reported by Wu, Solana's name service provider SNS has officially announced the launch of the SNS Token. SNS will allocate 40% of its total supply for Airdrop distribution to early and new supporters, with 20% already allocated to .sol domain holders, SNS builders, and Bear Market supporters. Users can now check the specific allocation details through the official Airdrop website. SNS stated: "SNS aims to serve the holder community and plans to enhance the value of .sol domain names through more rewards and contribution opportunities." It is worth noting that SNS was formerly known as Bonfida, which issued the FIDA token.

Golden Finance reports that the Solana domain service sns.sol posted on the X platform: "Every .sol domain holder will soon understand," along with an image featuring parachutes, suggesting that an airdrop may take place.

ChainCatcher message, the DFINITY community proposes "Proposal to automatically upgrade newly created SNSs to the target version of SNS." The proposal includes a governance team suggestion to change the default value of NervousSystemParameters.automaticallyadvancetargetversion from false to true so that newly created SNSs automatically upgrade to the SNS target version.