[ Sorry for cursing Sonic as a backstabber ]
Sonic-chan, who received a lot of criticism for the reduced Korean allocation.
After seeing the Season 1 rewards, it seems like he’s aiming for a recovery with the minshi and a buyback of 10 billion S tokens.
Sonic Season 2 will switch to monthly salary payments,
paid to 250 people every month.
The reward is said to be 0.3M, so we’ll have to see how that turns out.
For now, since I’m on the leaderboard, I’ll probably write some posts until the end of October and then keep an eye on the rewards afterward.!
And I’m looking forward to Flying Tulip, but I’m curious when it will come out. !
@SonicLabs
[ CEO's statement: Sonic Foundation buys $S worth 10 billion]
Summary of the text
1. Last night's market crash demonstrated how quickly leverage liquidations can occur in uncertain situations.
2. Moments like these test the confidence and foundation of a project.
3. $S also experienced significant volatility, but Sonic's fundamentals remained completely intact.
4. Sonic maintains a solid financial structure, top-level technology, and a long-term vision.
5. The network operated perfectly as designed, with no transaction delays or congestion.
6. It reliably processed hundreds of TPS per second for several hours, with fees under one cent.
7. After the turmoil, Sonic directly purchased about 30 million $S (approximately 6 million dollars) to add to its treasury.
8. This was because it was deemed to provide a higher ROI in the long term than stable assets.
9. The market may cycle, but Sonic's direction does not change.
10. We are still focused on technology, partnerships, and building sustainable products.
the ticker is $S
Sonic has officially announced the buyback news.
Yesterday's drop was no coincidence.
Currently, the market and Trump are pursuing a medium-interest policy, different from the zero-interest rates during the COVID period, focusing on stable markets and AI, and the coins that will rise are limited.
Sonic has already sensed this and completed its first governance vote, drawing a bow aimed solely at the United States.
Sonic has a continuous $S token DAT planned, and I'm curious about what changes will occur in the token price in the future..!
@r2Jamong @heysoahri @steelorian
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