Sonic Governance News. Our 4th proposal for the upcoming #Sonic chain has PASSED.

04 Jul 2024, 21:22
Sonic 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: šŸš€ Enhanced GasM Boosting Gas Monetization revenue to as much as 90% with a new burn model that increases burn rate for transactions. āŒ›ļø Improved Staking Reducing max staking period to 14 days, unlocking 100s of millions in liquidity through liquid staking derivatives. šŸ”„ Validator Migration Migrating Opera block rewards to Sonic, ensuring limited token supply. šŸ” Learn more about the proposal.