📢 Gate Square #MBG Posting Challenge# is Live— Post for MBG Rewards!
Want a share of 1,000 MBG? Get involved now—show your insights and real participation to become an MBG promoter!
💰 20 top posts will each win 50 MBG!
How to Participate:
1️⃣ Research the MBG project
Share your in-depth views on MBG’s fundamentals, community governance, development goals, and tokenomics, etc.
2️⃣ Join and share your real experience
Take part in MBG activities (CandyDrop, Launchpool, or spot trading), and post your screenshots, earnings, or step-by-step tutorials. Content can include profits, beginner-friendl
The SOON community released a proposal for "token burning and repurchase plan in response to potential market manipulation," with a support rate of 100%.
ChainCatcher news, the SOON community has released a proposal for "token burning and repurchase plan in response to potential market manipulation". Currently, the proposal support rate is 100%. The proposal includes that on July 5, SOON Token faced an organized market manipulation attack, with the price falling from $0.22 to $0.13, a decrease of 41%. The attackers withdrew 22 million Tokens from the exchange and manipulated the market using derivation. To this end, the SOON Foundation proposes to burn 30 million Tokens (accounting for 3% of the total supply): among them, 7.7 million Tokens will be immediately burned from unclaimed airdrops, and the remaining 22.3 million Tokens will be burned through buybacks. This move aims to reduce the circulating supply, restore market confidence, and combat manipulation.