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Sonic Labs launches expansion plan in the United States and seeks community voting on network parameter adjustments.
According to BlockBeats news, on August 21, Sonic Labs released a community proposal indicating plans to launch Sonic USA LLC to start its business in the United States, hiring a CEO for Sonic USA and a complete team in the U.S., establishing an office in New York, and providing performance-based employee incentive programs. At the same time, the company plans to strengthen long-term deflation through the Gas fee mechanism. Community members will vote to decide on the adjustment of network parameters: approval to issue tokens for a $50 million ETF quota; $100 million Nasdaq PIPE development; 150 million S tokens for Sonic USA, or completely reject the above parameter adjustments.