Sonic Labs announces next phase plans: introducing a tiered fee monetization structure, opening an office in New York, and more.

PANews November 12 News, Sonic Labs CEO Mitchell Demeter shared the project’s next phase plans on the X platform. Demeter stated that Sonic currently has sufficient funding, with no liquidity concerns, and possesses the resources needed to execute long-term plans. In this development phase, Sonic will be driven by practical use cases, clear economic benefits, and continuous delivery of results, rather than speculation. Additionally, Sonic plans to improve its token economics, aiming for deflation, and intends to introduce a new layered fee monetization (FeeM) structure, with reward levels ranging from 15% to 90%. Of this, 10% will be allocated to validators, while the rest will be burned. This move aims to reward actual usage and network activity while promoting deflation. Sonic is also advancing plans to establish an office in New York City to strengthen its growing team and refocus on institutional partnerships and policy relations. Currently, Sonic’s focus will shift to driving business value upgrades, adopting selected Ethereum Improvement Proposals (EIPs), and launching Sonic Improvement Proposals (SIPs).