Sonic Labs Expands to NYC with Focus on Sustainable Growth and Deflationary Tokenomics
Sonic Labs is pivoting toward sustainable growth by overhauling its tokenomics model. The company's new deflationary framework includes tiered rewards for network builders, with the majority of transaction fees burned to reduce supply of its native S token. An on-chain governance vote will formalize the changes.
The Fee Monetization system allocates 15-90% of fees to builders based on network activity, while 10% goes to validators. The remaining tokens are burned—a deliberate scarcity mechanism designed to bolster the S token's long-term value.
This strategic expansion into New York City targets institutional adoption and scalability. Sonic Labs prioritizes developer-friendly upgrades and real-world utility, leveraging strategic partnerships to drive ecosystem growth.
