Sonic Labs announces the next phase plan: introducing a tiered fee monetization structure, opening an office in New York, etc

Sonic Labs CEO Mitchell Demeter shared the next phase plans for the project on the X platform. Demeter stated that Sonic is currently well-funded, with no liquidity concerns, and has the resources needed to execute long-term plans. Sonic's development in this round will be driven by actual use cases, clear economic benefits, and continuous delivery of results, rather than speculative behavior.

In addition, Sonic plans to refine its tokenomics, aiming for deflation, and intends to introduce a brand new tiered fee monetization (FeeM) structure, with reward levels ranging from 15% to 90%. Of this, 10% will be allocated to validators, while the remaining portion will be burned. This initiative will reward actual usage and network activity while promoting deflation. Sonic is also advancing plans to establish an office in New York City to solidify its growing team and refocus on institutional partnerships and policy relations.

Currently, Sonic's focus will shift towards driving business value upgrades, adopting selected Ethereum Improvement Proposals (EIPs), and launching Sonic Improvement Proposals (SIPs).