The team behind Sonic (S) has announced changes to the token’s total and circulating supply.
According to their proposal, the total supply of Sonic (S) will increase from approximately 3.41 billion to 3.89 billion. This change will add 472 million S tokens to the circulating supply, an increase of roughly 14.2%.
The Sonic team also mentioned that an additional $50 million worth of tokens could be added to the total supply, pending a final agreement on a future ETF.
For complete details, we recommend reading the official announcement from the project team.
