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:
š Enhanced GasM
Boosting Gas Monetization revenue to as much as 90% with a new burn model that increases burn rate for transactions.
āļø Improved Staking
Reducing max staking period to 14 days, unlocking 100s of millions in liquidity through liquid staking derivatives.
š Validator Migration
Migrating Opera block rewards to Sonic, ensuring limited token supply.
š Learn more about the proposal.