Fantom's third Sonic governance proposal passed
PANews reported on July 2 that the Fantom Foundation announced on Twitter that the third Sonic governance proposal was passed. The proposal involves ecosystem subsidies, 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. In addition, if the community decides to control the inflation rate at 1.5% per year for six years, 47,625,000 tokens will be minted each year. If Sonic Labs only uses 5 million tokens that year, the Sonic Foundation will destroy the remaining tokens.
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