⚫Introducing the BLACK Token

BLACK will be a new token pegged to the native Sonic token, marking a significant shift in our tokenomics structure. The main idea behind BLACK is to provide a more sustainable and scalable foundation for the platform, built on the native Sonic ecosystem.

Key Features of BLACK:

• Minting Process: During the first week of the migration, BLACK will only be mintable by a combination of Sonic (S) and either GREEN or BLUE tokens. The minting process will be split: 25% Sonic (S) and 75% value in either GREEN or BLUE.

• Pegging: The BLACK token will be pegged to Sonic, ensuring that it remains tightly coupled to the value of the native blockchain, providing better stability.

• Initial Minting Phase: The first week will be critical for the transition, and we encourage early participation to ensure a smooth migration to the new tokenomics.