[SIP-3, SOON Improvement Proposal] : Long-Term Staking of Unlocked $SOON

Proposal Discussion
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Executive Summary

Community momentum has strengthened materially. At this juncture, reinforcing $SOON’s long-term value is prudent. Concentrating unlocked tokens into a governed, long-term staking program reduces the secondary-market circulating supply and ties treasury-controlled assets to network performance, rather than short-term liquidity.

To date, we have staked previously unlocked allocations across: Airdrop/Liquidity: 28,333,333 SOON; Ecosystem: 52,499,999 SOON; Community Incentive: 2,222,222 SOON. In aggregate, 83,055,554 SOON have been staked.

SIP-3 proposes to continue staking the unlocked tokens to ultimately reach 164.01 million $SOON—the cumulative amount unlocked since TGE. We will stake $SOON on BNB Chain via the official portal (https://staking.soo.network/). We appreciate the community’s continued support. To stay aligned with the community for the long term, we’ve decided to lock all staked SOON tokens for more than six months (unless there’s a major ecosystem partnership or community airdrop release, which will be decided through governance).

Source of Tokens: The 164.01M $SOON to be staked are drawn from: Airdrop/Liquidity — 57.04M, Community Incentive — 28.65M, Ecosystem — 66.33M, and Annual Inflation — 11.99M (total: 164.01M).

The objective is to reduce tradable float, align incentives with long-term network growth, and signal an enduring commitment to building SOON’s high-performance infrastructure and perp dex.

This initiative aims to:

  • Constrain tradable float and near-term sell pressure

  • Align with long-term holders

  • Reinforce price discovery and market confidence

  • Deter manipulative behavior through transparent, enforceable staking

Community Discussion

We invite all community members to share their thoughts, concerns, and suggestions regarding this proposal. Your feedback is crucial as we work together to strengthen the SOON ecosystem and prevent future manipulation attempts.

2

I believe that locking up the $SOON tokens transparently for the long term is a very desirable approach, as it aligns the tokenomics with the project’s long-term vision. However, I do have one concern.

As I understand it, staking.soo.network is designed to provide sufficient incentives to those who truly believe in the long-term value of the $SOON token.

Given that, I’m curious about your thoughts on creating a new type of lockup—similar to governance lockups—where the team’s or foundation’s tokens are locked without incentives, while the maximum possible incentives are distributed back to general investors.

3

Hi, thank you very much for your valuable suggestion.

Our team has seriously considered your idea regarding the creation of a non-incentivized, governance-style lockup for team or foundation tokens. We find this to be a very constructive proposal, as it better aligns the long-term interests of the project with those of the community.

Therefore, we are planning to develop a new staking model. This new model will be specifically designed to handle these long-term locked tokens.

It will remove the additional long-term staking rewards these tokens would otherwise accrue and redistribute this portion of the incentives back to all community members who are participating in staking.

We believe this measure will provide even greater incentives to the long-term believers in $SOON’s value.

Thank you again for your attention and contribution to the SOON ecosystem!