According to the announcement from Binance, the total supply of Sonic (S) is set to increase from approximately 3.41 billion to around 3.89 billion. This change follows the approval of Sonic's proposal, resulting in a 14.2% increase in the circulating supply, which will rise by 472 million. Additionally, an extra $50 million worth of Sonic (S) will be added to the total supply contingent upon the final agreement of the ETF.
A risk warning pop-up and banner will be displayed on the Binance trading page to inform users of these changes. Binance emphasizes that this information is not intended as investment solicitation and that the details provided are from the project team. Binance does not assume legal responsibility for investment decisions and makes no representations regarding the authenticity or accuracy of the information. The platform clarifies that posting the change of tokenomics does not imply approval or authorization of these changes.
The calculation and related data are provided by the project team, and Binance does not participate in the calculation process. Methods and criteria for data calculation may vary by project teams, and any unprovided information may not be displayed. Binance reserves the right to take regulatory or business action, including monitoring or suspending trading services, if violations of its Market Support Policy or Investment Warning and Market Support Termination Policy are identified. Users are encouraged to contact the project team directly for any data discrepancies or unprovided information.
