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The proposal for "SOON token burning and buyback plan" is now open for community voting.
According to BlockBeats news, on July 15, SOON tweeted that the proposal for the token burning and buyback plan in response to the potential market manipulation on July 5 has been launched. SOON holders can now participate in the voting, which will end in 46 hours. The specific content of the proposal is that the SOON Foundation proposes to burn 30 million tokens (accounting for 3% of the total supply): among them, 7.7 million tokens come from unclaimed airdrops, and 22.3 million tokens will be burned through buybacks.