Sonic is taking significant strides to enhance the stability and growth of its ecosystem with a new proposal to inject 30,000 ICP worth of liquidity into the $SONIC/ICP trading pairs across its decentralised exchange (DEX) platforms. This initiative is designed to bolster the overall market liquidity for $SONIC, reduce price volatility, and create a more reliable trading environment for users.
The proposed liquidity allocation splits the 30,000 ICP contribution between two key trading pools. The Sonic ICP DEX will receive 20,000 ICP, strengthening its position as a cornerstone of $SONIC trading. Meanwhile, 10,000 ICP will be directed to the recently launched SONIC/ICP pool on the Sonic Bitfinity DEX, ensuring robust support for the newer platform. By diversifying the liquidity injection across these pools, Sonic aims to enhance accessibility and trading efficiency for its growing user base.
The execution plan demonstrates a commitment to transparency and community governance. Upon approval of the proposal, the Sonic team will initiate treasury transfers of both ICP and $SONIC tokens to a team-managed wallet dedicated to liquidity addition. Once these funds are deployed, the resulting liquidity pool (LP) positions will be handed over to Sonic’s governance canister. This ensures that the entire process remains under the oversight of the community, with regular updates to be shared via Sonic’s official Twitter and Medium channels.
To facilitate this move, the team is also requesting 7 million $SONIC tokens to create the liquidity pools. This figure is based on current market conditions and represents an estimated requirement. Any $SONIC tokens remaining after the LP creation will be burned, further supporting the ecosystem by reducing the circulating supply.
The proposal is not merely about numbers—it’s a calculated effort to stabilise $SONIC trading and make the ecosystem more robust. Increasing liquidity in the trading pairs will reduce sharp price swings, which can deter traders and investors. By creating a more predictable trading experience, Sonic is paving the way for broader adoption and long-term confidence in the $SONIC market.
The emphasis on transparency in fund transfers and LP management also highlights Sonic’s intent to foster trust within its community. By ensuring that liquidity pool details are accessible and managed with community oversight, Sonic aligns its actions with the values of decentralised finance.
This initiative reflects Sonic’s broader commitment to growth and reliability in the decentralised exchange space. By addressing liquidity and volatility challenges head-on, Sonic is positioning itself as a more attractive platform for both current users and prospective investors. If the proposal succeeds, it could mark a pivotal moment in $SONIC’s journey, reinforcing its place as a leading asset in the Internet Computer ecosystem.
