Sonic Labs clarifies new ETF token minting rules: $0.5 price threshold + $50 million cap

【ChainNews】Sonic Labs has just announced the specific implementation plan for the S token used in the US-listed ETF. This adjustment clarifies several core restrictions.

First is the price threshold—token minting will only be triggered when S surpasses $0.5, with this mechanism allowing for a maximum minting space of 100 million tokens. Second is the issuance scale, with an overall cap limited to within $50 million, and the team will prioritize issuing smaller quantities at more favorable price levels. Any execution deviating from these two conditions will not occur.

It is worth noting that the S tokens used for the ETF will be fully locked within a regulated product framework and will not flow into secondary market trading, meaning there will be no additional selling pressure on the spot market.

The background is as follows: The Sonic community previously authorized, through governance proposals, up to $50 million worth of S tokens for potential US ETF applications. However, after the proposal was approved, due to the overall market downturn and the decline in S price, Sonic Labs chose to temporarily suspend the implementation of this plan. During this period, no related tokens were minted, explicitly to avoid increasing supply pressure at unfavorable price levels.

The team emphasizes that US-listed ETFs remain a long-term strategic focus, with the ultimate goal of providing institutional investors with compliant Sonic exposure. Any future adjustments will be communicated transparently and advanced through governance processes.