🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
Share trending topic posts, and split $5,000 in prizes! 🎁
👉 Check details & join: https://www.gate.com/campaigns/1953
💝 New users: Post for the first time and complete the interaction tasks to share $600 newcomer pool!
🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
Sonic upgrades tokenomics, issuing 633.9 million new S tokens.
Golden Finance reports that Sonic Labs is launching a tokenomics adjustment to support its expansion and institutional adoption plans in the United States. Relevant details were released by Tokenomist on September 7 on the X platform, outlining the new issuance and supply dynamics following the governance proposal that was nearly unanimously passed on August 31. According to Tokenomist, Sonic will issue 633.9 million new S tokens, worth approximately $196.5 million. The distribution plan is divided into three categories: 150 million coins for Sonic's business operations in the United States; 322.6 million tokens reserved for a Nasdaq private equity investment tool, locked for at least three years; 161.3 million Tokens are designated for future ETF projects in collaboration with BitGo custody.