Binance officially announced the change in the tokenomics of Sonic (S), with a proposed increase in circulating supply of 14.2%

ChainCatcher news, Binance's official announcement states that according to the relevant proposal approved by Sonic, the total supply of Sonic (S) will increase from approximately 3.41 billion to about 3.89 billion, with the circulating supply increasing by 472 million (an increase of 14.2%).

In addition, approximately $50 million worth of Sonic (S) tokens will only be added to the total supply after the ETF agreement is finalized.