Eggs Finance (🥚,🥚)
6.1K posts

Eggs Finance (🥚,🥚)
@eggsonsonic
Incubating the next wave of DeFi on @SonicLabs💥 https://t.co/oNK6UecvO4



We’ve submitted a new governance proposal on Sonic to address losses from the Balancer Composable Stable Pool exploit. The proposal reallocates 27,129,103 S from the remaining airdrop budget to LPs in the stS | wS and wOS | wS Beets V2 pools, calibrated to the scale of the impact. If approved, distributions would be made as locked Aave-boosted wS | stS positions with a 2-year cliff. This approach aims to reinforce long-term Sonic liquidity rather than add sell pressure. To further align Beets with Sonic over the long term, Beets commits to: • Burning S equal to 10% of protocol revenue generated on Sonic over 2 years • Allocating 10% of the Beets treasury (at the time of passing) to acquire and hold S over 2 years • Funding all development and audits required for implementation This proposal is an important step toward restitution and long-term network resilience. Full details here: sonic.discourse.group/t/27m-s-reallo…




imagine being this flawless












