Odaily Planet Daily News Fantom Foundation has allocated 200 million FTM (about 120 million US dollars) to support partners to migrate to its new Sonic network, including funding for native applications, strategic DApps and infrastructure tools. (Bitcoin.com News) Earlier, the Fantom Foundation announced on the X platform that the third Sonic governance proposal was passed, involving ecosystem subsidies, 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 between the growing existing and new user communities. Additionally, if the community decides to keep inflation at 1.5% per year for six years, 47,625,000 tokens will be minted per year (3,175,000,000 x 1.5%), and if Sonic Labs only uses 5,000,000 tokens that year, the Sonic Foundation will destroy the remaining tokens (42,625,000).
