SOON Protocol Revises SIP-003 Proposal Following Community Feedback
Foresight News reported that the SOON Foundation recently addressed community feedback regarding SIP-003. After careful internal discussions, the Foundation decided to implement changes based on the suggestions received.
Changes to Staking Model
The Foundation will remove long-term staking incentives previously granted for its own staked portion. However, long-term incentives will remain available to individual community stakers. The rewards originally designated for the Foundation’s staking will be redistributed to individual stakers, thereby enhancing incentives for all long-term participants without changing the base reward rate.
Official Disclaimer
The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Market Updates
- The native USDC supply on the Polygon network is about $640 million, nearing its historical peak.
- Altcoins surged broadly; FIL rose over 100% within 24 hours.
- U.S. stocks ended their previous three-week winning streak.
- Federal Reserve Governor Milan warned that widespread stablecoin usage might increase the risk of hitting the zero lower bound on interest rates.
Author's summary: The SOON Foundation acted on community input by refining its staking rewards, while market signals show increased activity in stablecoins and altcoins, alongside cautious remarks from the Federal Reserve.
More News
- Cardinals vs. Buccaneers Final Score Prediction for NFL Week 13
- £3.53 for The Traitors? The BBC licence fee is a bargain
- Saudi Arabia becomes the new strategic front line as US navigates regional rivalries
- Découverte des merveilles de Porto Rico : écotourisme, aventure et culture sur PuertoRicoGram
- Jakarta's growth, Louvre fees, Brazilian soaps global rise
- Championship: Sheff Utd lead Leicester 3-0
- Stoke City vs Hull City: Live Championship Commentary, Stats, and Updates
- THE 10 BEST Restaurants in Paris (Updated November 2025): Diverse Culinary Experiences and Top Local Favorites
- Avec l'abonnement Deliveroo Plus, ta livraison devient gratuite toute l'année
- Why skipping lunch at work can hurt your health and productivity