Sonic Labs Overhauls Tokenomics to Fuel U.S. Expansion and Institutional Adoption
Sonic Labs is implementing sweeping changes to its tokenomics model, issuing 633.9 million new S tokens valued at approximately $196.5 million. The MOVE follows a near-unanimous governance vote in August, with 99.99% approval from the community.
The allocation strategy prioritizes U.S. market penetration, dedicating $150 million to Sonic USA operations, ETF development, and a NASDAQ private investment vehicle. New burn mechanics and fee redistribution mechanisms aim to mitigate dilution effects, creating deflationary pressure to support long-term token valuation.
Tokenomist's September 7 analysis reveals the breakdown: 322.6 million tokens locked in a three-year NASDAQ PIPE, while 161.3 million are reserved for a BitGo-custodied ETF partnership. The restructuring positions Sonic competitively against projects with deeper treasury reserves.