Fantom's third Sonic governance proposal passed, enabling innovative programs such as ecosystem grants

Odaily News The Fantom Foundation announced on the X platform that the third Sonic governance proposal was passed, involving ecosystem grants, new token destruction mechanisms, and innovative programs such as Sonic Spark and Sonic University. It is reported that in the next six years, the Sonic Foundation will allocate a portion of tokens as operating funds for Sonic Labs to manage dApps, BD partnerships, and network growth between the growing existing and new user communities. In addition, if the community decides to keep the inflation rate at 1.5% per year for six years, 47,625,000 tokens will be minted each year (3,175,000,000 x 1.5%), and if Sonic Labs only uses 5,000,000 tokens that year, the Sonic Foundation will destroy the remaining tokens (42,625,000).