Phantom Foundation Pitches 'FTM → Sonic Token' Migration in Governance Proposal
CryptoNewsTerminal Staff11 Jun, 2024
Phantom Foundation Pitches 'FTM → Sonic Token' Migration in Governance Proposal
The Phantom Foundation has pitched a migration from their native token (FTM) to the native token (S) of their custom-built Sonic blockchain network. Per a statement shared with X, the proposal is subject to governance approval. On top of the migration, the proposition also includes an airdrop earmarked for six months following the mainnet launch of Sonic.