Since Beethoven-X operates a validator node on the Fantom Opera network, we are able to vote on Fantom Governance proposals. Please see the proposal below. We will relay the outcome of this vote onto Fantom governance.
Mint a small percentage of new tokens on a streaming basis beginning six months after Sonic network launch to fund ongoing marketing, ecosystem growth, and partnership efforts post-launch.
Launch programs to work with the 200M $FTM Sonic Labs Innovator Fund and accelerate Sonic Labs’s revamped grant programs, including:
Sonic Spark — Spark innovation with early founders and bring the next wave of builders to Sonic Sonic University — Provide students at select colleges and universities with resources, knowledge, access, and guidance to building the next generation of dApps on Sonic Innovative, annual burn mechanism ensures 100% of all newly minted tokens are allocated towards network growth and any unused tokens are burned.
More info: https://forum.fantom.network/t/governance-vote-3-booming-and-building-for-the-long-run/1240