Equalizer Exchange Token Migration Update

**Sonic Labs** had a significant week in Singapore with major developments: - **New CEO announcement** at the 2nd Sonic Summit - Strong presence at **TOKEN2049 Singapore** with the refreshed leadership team - Multiple positive updates emerging from the Singapore events The Sonic Summit kicked off with high energy and ambitious plans, marking what appears to be a pivotal moment for the project. The leadership transition and Singapore momentum suggest strategic repositioning for Sonic Labs. *Stay tuned for more details on the new direction.*

**Equalizer's sustainability metrics show strong performance** with their BPG (buyback) program consistently purchasing 50-80% of weekly token emissions. - **Green bars** represent weekly $EQUAL emissions - reportedly the lowest inflation among ve(3,3) protocols - **Yellow bars** show BPG program buybacks, which get recycled into EliteRings/ScUSD pools - Program averages over 50% buyback rate, sometimes reaching 80% The protocol emphasizes **real yield and sustainability** through this buyback mechanism that applies consistent buy pressure on $EQUAL tokens while boosting pool APRs.

Sonic's Total Value Locked (TVL) has achieved a significant milestone, surpassing $1 billion. The platform maintains its position among the top 5 chains for monthly inflows. Key highlights: - Consistent growth trajectory with 20% TVL increase in recent weeks - Fast finality and robust builder support driving adoption - Expanding ecosystem of high-performance DeFi applications The platform's success demonstrates the growing strength of DeFi infrastructure built specifically for decentralized finance applications. Sonic continues to attract both developers and users with its optimized performance and comprehensive toolkit.

Equalizer has achieved significant milestones in managing $EQUAL token emissions: - **Reverse Rebase**: 2% weekly emission reduction since epoch 34, preventing 1M+ $EQUAL from entering circulation - **Tail Emissions**: Now emitting only 9,300 $EQUAL weekly with 0.1% reduction per epoch - **Sustainable Economics**: Fee generation exceeds emission rate Recent performance metrics: - Daily volumes steady at $6-8M - Fee efficiency reaching up to $2000/hour - Weekly rewards tracking $75,000+ for voters The protocol demonstrates sustained growth while maintaining token scarcity through controlled emissions.