SOON Foundation launches governance system and plans to permanently destroy 3% of SOON tokens
Odaily Planet Daily News: The SOON Foundation launched a governance system today, allowing SOON holders to participate in voting decisions. At the same time, it was announced that the proposal will permanently destroy 30 million SOONs (3% of the total supply) to cope with recent market fluctuations, of which about 7.7 million that have not received airdrops will be destroyed first, and the remaining 22.3 million will be repurchased from centralized exchanges and destroyed. In addition, the SOON Foundation will hold a community AMA next Wednesday to explain its token repurchase plan and is developing on chain repurchase products to further enhance on chain liquidity.