The SOON Foundation has introduced a new governance system, enabling SOON token holders to participate in decision-making processes. Concurrently, the foundation announced a proposal to permanently burn 30 million SOON tokens, representing 3% of the total supply, as a response to recent market volatility. This initiative includes the destruction of approximately 7.7 million unclaimed airdrop tokens, with the remaining 22.3 million to be repurchased from centralized exchanges and subsequently burned. To provide further clarity on the token repurchase strategy, the SOON Foundation will conduct a community AMA next Wednesday. Additionally, the foundation is working on developing on-chain repurchase products to enhance liquidity within the blockchain ecosystem.