We're excited to announce the winners of the 1st round of Meme Season on Opera, leading up to the launch of #Sonic! 🚀 🥇 1st place Coin: $HOOPS | @HOOPS_is_Sonic Prize: 600k sFTMx 🥈 2nd place Coin: $THC | @TinHat_Cat Prize: 300k sFTMx 🥉 3rd place Coin: $sGOAT | @theFantomgoat Prize: 100k sFTMx Congratulations to the winners. We'll distribute funds soon to memecoin holders and teams, including 6 fortunate holders who won over $10,000 each! 🤯 🏆 Remember, 80% of the prize is given to the memecoin holders and 20% goes to the team. Also, stay tuned for Meme Season's 2nd round, featuring exciting changes 👀 🔗
📣 Governance News 📣 Our 4th proposal for the upcoming #Sonic chain has PASSED!
This enables us to accelerate the transition of our validators and stakeholders to the new Sonic network by: 🚀 Enhanced GasM Boosting Gas Monetization revenue to as much as 90% with a new burn model that increases burn rate for transactions. ⌛ Improved Staking Reducing max staking period to 14 days, unlocking 100s of millions in liquidity through liquid staking derivatives. 🔄 Validator Migration Migrating Opera block rewards to Sonic, ensuring limited token supply. Learn more 👇
Our 4th #Sonic proposal is here, seeking to accelerate the transition of our validators and stakeholders to the new Sonic network by: 🚀 Boosting Gas Monetization revenue to as much as 90% with a new burn model that increases burn rate for transactions ⏳ Reducing max staking period to 14 days, unlocking 100s of millions in liquidity through liquid staking derivatives 🔄 Migrating Opera block rewards to Sonic, ensuring limited token supply Help shape the future of Sonic 👇