> For the complete documentation index, see [llms.txt](https://solnic.gitbook.io/solnic/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://solnic.gitbook.io/solnic/background.md).

# Background

Solnic was born out of a love for memes, crypto, and Sonic. The original developers abandoned the project, but the community rallied behind YaboySkey to lead the takeover. Solnic aims to be more than just a meme—it’s a vibrant ecosystem where holders actively participate. Community Takeover YaboySkey, a trusted community member, stepped up to guide Solnic’s future. His transparent holdings and reliance on community trust ensure Solnic remains decentralized and community-driven.

## Token Details

Name: Solnic 

Blockchain: SOLANA 

Contact Address:  DeaKMzAeZja3Mh5okZE6WUvygLP3Lfuvm6Rg78HqXTz9

## Tokenomics

Total Supply Solnic has a fixed supply of 1,000,000,000 SOLNIC tokens. With approximately 5% of the supply burned in the LP pool. Distribution 

• Community: 100% (distributed through liquidity pools, staking, and airdrops)

<figure><img src="https://4006858646-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FEGjmtVaeCzTp1DjCPMr5%2Fuploads%2FN4LvgJd5sEB5JYygGKz5%2Fphoto_2024-03-26_09-47-21.jpg?alt=media&amp;token=961d6e8e-f6a8-4e2b-b72d-f06a3e645b69" alt=""><figcaption></figcaption></figure>