Today @SonicLabs launched a new very important governance proposal aimed at encouraging financial institutions to increase their holdings of $S :

🎯 Proposal Highlights
1⃣ Promote U.S. ETP/ETF & Nasdaq PIPE financing tools, utilizing PIPE (Private Investment in Public Equity) issuance to raise significant funds for purchasing $S in the spot market.
2⃣ Establish Sonic USA entity: Appoint a CEO, form a CMO, Capital Markets Director, BD team + New York office.
3⃣ Enhance on-chain burning mechanism to strengthen the long-term deflation of $S .

⚖️ Proposal Background
1⃣ The old 2018 token model is no longer suitable for the 2025 market.
2⃣ Competitors hold 50–90% reserves and can quickly seize opportunities, while Sonic has insufficient reserves and needs to increase them.
3⃣ Modern token economics = integrating TradFi + enhancing market cap and visibility.

💡 Token Use for This Issuance
1⃣ ETF/ETP: Collaborate with top ETF providers, BitGo custody, provide initial liquidity.
2⃣ PIPE: Raise capital to repurchase $S, lock-up for ≥3 years, maintain long-term consistency.
3⃣ Sonic USA: Implement U.S. regulations and market, emphasize USDC use cases.

🔥 Network Fee Mechanism Update to Increase Burn Rate
1⃣ FeeM Transactions: 90% Developers / 5% Validators / 5% Burn
2⃣ Non-FeeM Transactions: 50% Burn / 50% Validators
3⃣ Stronger deflation, reducing net inflation.

From this proposal, it is clear that Sonic aims to seize the hot trend of crypto stocks and attract hot money from traditional financial institutions. After all, this is a rare opportunity in the crypto space; if captured, it can lead to a significant leap in market capitalization. If missed, there may not be another chance.