PANews reported on September 1st that the Snapshot voting page indicated that Sonic Labs' proposal, "US Expansion and TradFi Adoption Plan (Including Nasdaq PIPE Vehicle and S Token Acquisition)," had been approved by the community. The proposal's initial objectives were: 1. Support US ETPs/ETFs, Nasdaq Private Equity Investment in Public Companies ("PIPE") vehicles, and other institutional S token buyers; 2. Establish Sonic USA LLC, add a CEO and national team, establish a New York City presence, and provide performance-based compensation packages to new employees; and 3. Increase the gas fee mechanism's consumption rate to enhance long-term deflation. The proposal achieves these goals through the following parameter adjustments: authorizing the issuance of $150 million worth of S tokens for ETP/ETF enablement and Nasdaq PIPE, in addition to the initial issuance of 150 million S tokens for Sonic USA.PANews reported on September 1st that the Snapshot voting page indicated that Sonic Labs' proposal, "US Expansion and TradFi Adoption Plan (Including Nasdaq PIPE Vehicle and S Token Acquisition)," had been approved by the community. The proposal's initial objectives were: 1. Support US ETPs/ETFs, Nasdaq Private Equity Investment in Public Companies ("PIPE") vehicles, and other institutional S token buyers; 2. Establish Sonic USA LLC, add a CEO and national team, establish a New York City presence, and provide performance-based compensation packages to new employees; and 3. Increase the gas fee mechanism's consumption rate to enhance long-term deflation. The proposal achieves these goals through the following parameter adjustments: authorizing the issuance of $150 million worth of S tokens for ETP/ETF enablement and Nasdaq PIPE, in addition to the initial issuance of 150 million S tokens for Sonic USA.
Sonic Labs' proposal to "promote the entry of S tokens into traditional U.S. capital markets" has been approved by the community vote.
PANews reported on September 1st that the Snapshot voting page indicated that Sonic Labs' proposal, "US Expansion and TradFi Adoption Plan (Including Nasdaq PIPE Vehicle and S Token Acquisition)," had been approved by the community. The proposal's initial objectives were: 1. Support US ETPs/ETFs, Nasdaq Private Equity Investment in Public Companies ("PIPE") vehicles, and other institutional S token buyers; 2. Establish Sonic USA LLC, add a CEO and national team, establish a New York City presence, and provide performance-based compensation packages to new employees; and 3. Increase the gas fee mechanism's consumption rate to enhance long-term deflation. The proposal achieves these goals through the following parameter adjustments: authorizing the issuance of $150 million worth of S tokens for ETP/ETF enablement and Nasdaq PIPE, in addition to the initial issuance of 150 million S tokens for Sonic USA.
Market Opportunity
Manchester City Fan Price(CITY)
$0.6761
$0.6761$0.6761
USD
Manchester City Fan (CITY) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future
TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07
Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme
The post Utah Man Receives 3-Year Sentence For $3M Deceptive Exchange Scheme appeared on BitcoinEthereumNews.com. Crypto Fraud Exposed: Utah Man Receives 3-Year
Share
BitcoinEthereumNews2026/01/16 11:56
Zero Knowledge Proof (ZKP) Set To Explode 3000x, Surpassing POL And Ethereum As The Next Crypto Breakout
Explore Zero Knowledge Proof (ZKP) as it targets 3000x gains, outperforming POL and Ethereum while capturing major attention from crypto investors worldwide.
Share
CoinLive2026/01/16 12:00