The SOON Foundation has launched a governance system and plans to permanently burn 3% of SOON Tokens.
Odaily News SOON Foundation today launched a governance system, allowing SOON holders to participate in voting decisions. At the same time, it announced a proposal to permanently destroy 30 million SOON (3% of the total supply) to respond to recent market fluctuations, with approximately 7.7 million unclaimed airdrops being destroyed first, and the remaining 22.3 million will be repurchased from centralized exchanges before destruction. In addition, SOON Foundation will hold a community AMA next Wednesday to explain the token repurchase plan in detail and is developing on-chain repurchase products to further enhance on-chain liquidity.
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