Empowering the Sonic DAO
Today, we are thrilled to share a significant milestone in our journey towards building a sustainable DeFi platform — revenue sharing through the Liquidity Bootstrapping Pool (LBP).
As we progress on this exciting venture, we are excited to announce that we have successfully sent the initial revenue generated from the CigDAO token launch to Sonic’s treasury. This moment represents not just a financial transaction but a symbolic act of faith in the principles of decentralization and community governance.
The contribution stands at 247.11 $ICP, equivalent to $1,005.99, and is a testament to our unwavering dedication to the growth and prosperity of Sonic DAO. A motion proposal has been launched — Proposal 19 to initiate the deposit to Sonic DAO SNS treasury. We encourage all community members to participate in the voting process actively.
Our commitment to providing a seamless and secure trading experience for our community is unwavering. Through this revenue-sharing mechanism, Sonic aims to enhance its offerings further, deliver on its promises, and empower its DAO with more growth opportunities.
Your unwavering support and trust have been instrumental in propelling us towards this significant milestone.
Stay tuned for more updates as Sonic continues to lead the way in revolutionizing the DeFi landscape. Together, we are shaping the future of decentralized finance, one innovative step at a time.
