Sonic Labs adjusts ETF token allocation plan: sets a $0.5 price threshold and strictly controls the supply cap

【Crypto World】Sonic Labs recently announced significant adjustments to its ETF token allocation execution plan. Previously, the community authorized the use of up to $50 million worth of S tokens for the US-listed ETF project through governance proposals. However, due to recent market conditions and the decline in S token price, the team has decided to reevaluate the implementation plan.

What are the core issues with the original plan? Executing at the current price would require issuing over 600 million additional S tokens, which clearly deviates from the original intent of the governance proposal. Sonic Labs believes that blindly increasing supply at unfavorable price levels not only harms token holders’ interests but also contradicts long-term strategic development. Therefore, the original plan has been officially rejected, and the team has developed a more rigorous execution framework.

The new constraints include three key points: First, token minting will only be initiated when the S price exceeds $0.5, with a maximum release limit of 100 million tokens; Second, the total token value cap remains at $50 million, and the team will prioritize issuing fewer tokens at higher price levels to maximize protection of token holders’ interests; Third, any execution plan deviating from these two conditions will not be adopted. It is worth emphasizing that ETF quota tokens will be fully locked within regulated products and will not flow into the secondary market to cause selling pressure.

The team states that US-listed ETFs remain a long-term strategic focus, aiming to provide institutional investors with compliant Sonic exposure. Any further adjustments will continue to be communicated transparently through governance processes. This cautious approach also reflects the project’s emphasis on token value and market stability.