SOON releases recovery plan, plans to destroy 3% of the total supply of tokens The SOON Foundation tweeted that it is releasing a new governance proposal in response to recent price manipulation events, covering a range of measures aimed at restoring market confidence and easing supply pressures. The details are as follows: 1. Token destruction plan - accounting for 3% of the total supply. It will permanently remove a total of 30 million SOON tokens (3% of the total supply). About 7.7 million SOONs (approximately 0.77%) that have not received airdrops will be destroyed in the coming days. The remaining 22.3 million SOONs will be repurchased from centralized exchanges and destroyed in the coming days. This plan aims to directly reduce the existing supply and maintain price stability in the face of recent market fluctuations. To maintain transparency and open communication, an AMA event will be held on Twitter next Wednesday, with founder Joanna and marketing director Henry in attendance. The event will provide a detailed introduction to the complete recovery plan and answer various questions from the community. 3. On chain SOON repurchase products (under development). At the same time, the team is building a new on chain product that enables the SOON Foundation to regularly repurchase tokens directly from holders - a mechanism to further strengthen support and gradually reduce circulating supply. 4. Initiate SOON governance. The team is preparing to launch the SOON governance system, which includes funding allocation, protocol upgrades, and ecosystem funding.