Sonic SVM introduces a strategic buy-and-lock model for $SONIC tokens, aiming to boost long-term value and align with the Solana ecosystem.
50% of transaction fees, previously burnt, will now be used to purchase $SONIC tokens on the open market, with a 24-month vesting schedule and a separate vault for careful management.
The redesigned mechanism emphasizes strategic demand creation, protocol-owned liquidity building, and rewarding the token holder community, as stated by Sonic SVM CEO, Chris Zhu.
The new approach enhances liquidity, aligns with Solana network health, and benefits the ecosystem through sustained token value, deeper liquidity, SOL staking, user incentives, and increased participation.