Binance announces notice of Sonic (S) tokenomics changes, proposing a 14.2% increase in circulating supply
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Binance announces notice of Sonic (S) tokenomics changes, proposing a 14.2% increase in circulating supply
Binance officially announced that, according to the approved proposal obtained via Sonic, the total supply of Sonic (S) will increase from approximately 3.41 billion to about 3.89 billion, with a circulating supply increase of 472 million tokens (a 14.2% rise). Additionally, an additional amount of Sonic (S) tokens worth approximately $50 million will be added to the total supply only after the final agreement for the ETF is reached.
Navigating Web3 tides with focused insightsTechFlow news, September 3 — Binance has officially announced that according to a passed proposal from Sonic, the total supply of Sonic (S) will increase from approximately 3.41 billion to about 3.89 billion tokens, with the circulating supply increasing by 472 million tokens (a 14.2% rise).
In addition, Sonic (S) tokens worth approximately $50 million will be added to the total supply only after the final ETF agreement is reached.
