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Solana Chain Extension Sonic SVM Introduces New Token Burn Program

 Solana Chain Extension Sonic SVM Introduces New Token Burn Program

 

Solana Chain Extension Sonic SVM Introduces Burn ProgramSonic SVM, the first SVM chain extension on Solana, has announced the introduction of a new SONIC burn program aimed at enhancing the token’s value accrual mechanism. This strategic redesign replaces the previous burning model with a buy-and-lock system, where 50% of all transaction fees will be used to purchase SONIC tokens from the open […] 

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