The SOON Foundation has launched the SOON Recovery Plan: it will burn 3% of the tokens and promote the launch of the governance system.

On July 11, the SOON Foundation announced the launch of the SOON Recovery Plan. In response to recent price manipulation events, the SOON Foundation will soon initiate a new governance proposal that covers a series of urgent measures aimed at restoring market confidence, alleviating supply pressure, and reaffirming the commitment to the long-term growth of the SOON ecosystem. This includes: · Destroying a total of 30,000,000 $SOON Tokens (3% of total supply), removing them from circulation. · On-chain SOON buyback mechanism (in development): We are building a new on-chain product that will enable the SOON Foundation to regularly repurchase tokens directly from holder users, further strengthening market support and gradually reducing circulating supply. · Preparing to launch the $SOON governance system. This system will allow token holders to participate in key decisions that affect the future development of the SOON ecosystem, including fund usage, protocol upgrades, and ecosystem funding programs.