Gate News, March 11 — Sonic Labs issued a statement that they are conducting on-chain token integration activities for nearly 72 hours to improve the infrastructure after migration. The community may notice several large on-chain transactions, including fund transfers related to the new multi-signature security structure, liquidity coordination with centralized exchanges, and the burning of excess liquidity and the cancellation of remaining old tokens after migration. Sonic Labs emphasized that these transactions do not involve token sales and will not affect user funds. Previously, Sonic Chain completed dual-network migrations from Ethereum and Fantom Opera Networks. This integration is part of the cleanup phase.
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