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Sonic Labs Announces U.S. Expansion Plan and Seeks Community Vote on Network Parameter Adjustments
Summary: In a recent announcement, Sonic Labs revealed plans to launch Sonic USA LLC to kickstart U.S. operations, hire a Sonic USA CEO and a full U.S. team, establish a New York office, and implement performance-based employee incentive programs. Additionally, the company intends to strengthen long-term deflation through a Gas fee mechanism. Community members will vote ...
In a recent announcement, Sonic Labs revealed plans to launch Sonic USA LLC to kickstart U.S. operations, hire a Sonic USA CEO and a full U.S. team, establish a New York office, and implement performance-based employee incentive programs. Additionally, the company intends to strengthen long-term deflation through a Gas fee mechanism.
Community members will vote on network parameter adjustments: approving token issuance for a $50 million ETF quota; $100 million NASDAQ PIPE development; $150 million in S tokens for Sonic USA; or rejecting all the above parameter adjustments.
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Link: Sonic Labs Announces U.S. Expansion Plan and Seeks Community Vote on Network Parameter Adjustments [Copy]