Solana Swap (SOS)

Tokenomics & Utility

Supply and governance

SOS has a stated supply of one billion tokens. The token review recorded no mint authority and no freeze authority. Without a mint authority, further tokens cannot be created through that authority; without a freeze authority, token accounts cannot be frozen through that role. The review also recorded that the project retained an authority to update token metadata, which concerns the information attached to SOS rather than its supply. (beosin.com)

The project describes SOS as its community governance token. Governance tokens are intended to connect holders with decisions about a project’s development. Solana Swap’s public description establishes that intended role, but it does not set out a detailed voting schedule or a fixed list of decisions that holders can make. The token is also held and exchanged as a Solana asset in its own right. (github.com)

The exchange’s trading fees and the SOS token’s settings are separate parts of its economic model. A fee charged by a trading pool or swap service concerns the trade. A token-transfer fee, when configured, concerns transfers of the token itself. The recorded SOS configuration set that transfer fee to zero for the later period described in the review. This distinction helps explain why a swap can have exchange and network costs even when the token’s transfer-fee setting is zero. (beosin.com)