🎉Good news! Fantom Foundation announced on X platform that the third Sonic governance proposal has been passed👏. This proposal involves ecosystem grants, new token destruction mechanisms, and innovative programs such as Sonic Spark and Sonic University.

It is reported that over the next six years, the Sonic Foundation will allocate a portion of tokens as operating funds for Sonic Labs to manage dApps, BD partnerships, and network growth among the growing existing and new user communities🚀.

Moreover, if the community decides to keep the inflation rate at 1.5% per year for six years, 47,625,000 tokens will be minted each year (3,175,000,000 x 1.5%). If Sonic Labs only uses 5,000,000 tokens that year, the Sonic Foundation will destroy the remaining tokens (42,625,000)🔥.

This is a positive attempt for Bitcoin and an important boost to the blockchain industry. We will continue to pay attention to this dynamic and bring you the latest blockchain news!